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Property profile & analytics
OFF-MARKET
Land

0 Main St Banner, IL 61520

Property ID
Property summary
AI-generated overview

This auction presents a remarkable opportunity to acquire a 15,143 square foot residential lot situated at 153 East Main Street in Canton, Illinois, within Fulton County. Zoned for residential use, this 0.3476-acre property (Lot 22, Village/Utica Subdivision) offers significant potential. Located in Canton's vibrant downtown area, the property boasts prime visibility and accessibility to local amenities and attractions. The existing structure, while vacant, presents a chance for renovation and repurposing. This could include transforming it into a lucrative rental property, a unique commercial space, or a comfortable family home. The property's central location and versatile nature make it an attractive investment for both seasoned entrepreneurs and first-time buyers seeking a valuable opportunity in a thriving community. The auction, ending December 20, 2024, offers a chance to acquire this property at a potentially significant discount. The property's historic charm combined with its modern potential makes it a truly unique investment opportunity. Detailed property information, including legal descriptions (SECT/LOT: 22 BANNER), is available. The asking price is $12,895.

Property profile
Verified
Property type Land
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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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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