2001 15Th St, Lawrenceville, IL 62439
This exceptional 9,978 square foot retail property, located at 2001 Fifteenth St in Lawrenceville, Illinois, presents a compelling investment opportunity. Built in 1958, this single-story building sits on a generous 1.12-acre lot and is zoned B-3, offering significant flexibility for a variety of commercial uses. The property boasts ample parking, with approximately 36,870 square feet available, providing convenient access for customers and employees. Recent upgrades include a new 3-phase electrical service entry installed in 2013 and a new HVAC system, also implemented in 2013, ensuring efficient and reliable operation. The asking price is $260,000, translating to a price per square foot of $26.06. Strategically located in the county seat of Lawrence County, this property benefits from high visibility and convenient access to local amenities and a strong customer base. The building's substantial size and versatile zoning make it ideal for a range of retail businesses seeking a well-maintained and updated space in a thriving community. This is a rare opportunity to acquire a significant retail asset in a desirable location at an attractive price point.
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
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.