0 Hawthorne Dr, Charleston, IL 61920
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.