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    OFF-MARKET
    Land

    0 Hawthorne Dr, Charleston, IL 61920

    1.97 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 1.97-acre commercial land parcel presents a unique investment opportunity in Charleston, Illinois. Strategically located directly across Hawthorne Drive from the bustling Charleston Walmart, this property offers unparalleled visibility and accessibility. The site comprises three contiguous parcels (APN: 02-2-17080-000, 02-2-17081-000, 02-2-17082-000), totaling 1.97 acres, and is zoned C-2 General Commercial, mirroring the zoning of Lincoln Avenue throughout the city. City utilities are readily available, making this site ideal for immediate development. Convenient access is provided via Hawthorne Drive and Bostic Drive, ensuring high traffic flow and excellent exposure for any commercial venture. The seller prefers to sell all three parcels together, presenting a cohesive and readily developable site. This prime location, coupled with its favorable zoning and utility access, makes this property an exceptional opportunity for investors seeking high-impact commercial development in a thriving retail area. The asking price for this exceptional property is $289,000.

    Property profile
    Verified
    Property type Land
    Lot 1.97 ac (85,813 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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