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Property profile & analytics
OFF-MARKET Estimated value $1,040,000
Retail space

1010 Eastgate Dr Washington, IL 61571

8,916 SF 0.98 ac lot Built 2014
Entity Owned 1-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US28-3347648
Property summary
AI-generated overview

This exceptional 0.9-acre commercial lot, located at 1010 Eastgate Drive Unit 101 & 10 in Washington, Illinois, presents a unique opportunity for developers. Boasting a highly desirable B-3 zoning classification, this parcel is primed for immediate development. Its strategic location on Route 24/Boyd Parkway ensures unparalleled visibility and high traffic counts, guaranteeing significant exposure for any future business. The level topography simplifies construction, minimizing site preparation costs and accelerating project timelines. This property offers substantial potential for a wide range of commercial ventures, from retail establishments and restaurants to office spaces and light industrial uses. The expansive acreage provides ample space for building design and potential future expansion. Given its prime location, zoning, and readily developable nature, this lot represents a compelling investment opportunity with significant return potential. Serious inquiries are encouraged to explore the possibilities this exceptional property offers. The asking price is $156,816. Don't miss this chance to secure a prominent location in a thriving community.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 2014
Total area 8,916 SF
Lot 0.98 ac (42,689 SF)
APN 01-01-13-201-020
UPID US28-3347648
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
AI Approach AI
by Request
CAP Approach CAP
$1.30M
Comparable Approach Comparable
$833k
Blend (final) Blend
$1.04M
Owner & transaction history
Quadruple Jay Enterprises LLC · 1 yrs held
Quadruple Jay Enterprises LLC
since 2025
4 recorded transactions
2025
Price N/A
2025
$990,000
2013
Price N/A
2013
$260,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Apartment house (5+ units) $1.4M +159.2%
Auto repair, garage $755,000 +42.0%
Commercial (general) $750,000 +40.6%
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