802 4Th StDeKalb, IL 60115

  • Other commercial real estate
  • 0.45 AC
For Sale
$375,000 View listing

Property Details for 802 4Th St

Lot size
0.45 AC
Property type
Other commercial real estate
APN
08-26-101-009
APU
826101009

Description

This exceptional 2,550 square foot retail property, located at 802 S 4th St in DeKalb, Illinois, presents a remarkable investment opportunity. Situated on a 0.45-acre lot (APN 0826191009) at a high-traffic intersection boasting 16,000 cars daily, this single-story building offers unparalleled visibility and accessibility. The property is zoned GC and features 18 parking spaces and an existing illuminated sign, minimizing start-up costs. Previously occupied by a convenience store, the versatile space is ideal for a variety of uses, including a new convenience store, butcher shop, retail store, professional office, or even a restaurant with potential drive-thru capabilities. The building and parking lot are meticulously maintained, ensuring a move-in ready condition. The asking price is $375,000, and the lease type is NNN. The property is currently vacant, offering immediate occupancy. This is a rare opportunity to acquire a well-maintained, high-visibility retail space in a thriving DeKalb location. Don't miss out on this chance to establish your business in a prime commercial area.

Valuation
by Realmo methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $4,051,222
    Hospitality
    $3,710,897
    Educational
    $3,087,423
    Medical
    $3,193,604
    Retail
    $4,802,658
802 4Th St, DeKalb, Illinois
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Location Insight

City
Dekalb
County
Dekalb
State
Illinois
Latitude
41.9216
Longitude
-88.7529
CBSA code
16980
CBSA name
CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$14,316
$36,055
$116,033
$152,088
-
$108,165
$348,099
$456,264

FAQs

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