Property profile

110 Main St Chambersburg, IL 62323

OFF-MARKET
Retail properties & Spaces
3,144 SF 10 ac lot
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Property summary

AI-generated overview

This exceptional 3,144-square-foot mixed-use building presents a unique investment opportunity in the heart of Chambersburg, Illinois. Situated on a spacious 10-acre lot (39x120 feet), this single-story property boasts a rich history and versatile zoning, allowing for a multitude of uses. Currently configured as creative office and storefront space, the building's adaptable layout lends itself to various possibilities, including conversion into apartments or a large single-family residence. The property's downtown location offers unparalleled access to local amenities and high visibility. While lacking a water heater, the septic system is compliant with all applicable codes. The asking price is $18,000. This historic building offers significant potential for a discerning investor or entrepreneur seeking a prime location and substantial square footage in a thriving Illinois community. The permitted zoning is Downtown, providing flexibility for a wide range of commercial and residential uses. The property's size and location make it an ideal candidate for redevelopment or adaptive reuse. Serious inquiries are encouraged.

Property profile

Verified
Property type Retail properties & Spaces
Total area 3,144 SF
Lot 10 ac (435,600 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

110 Main St Chambersburg, IL 62323
Chambersburg metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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