You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
New search
Property profile & analytics
OFF-MARKET
Commercial real estate

1013 State St East Carondelet, IL 62240-1309

1,310 SF 0.83 ac lot Built 1973
Individually Owned 1-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US28-2261293
Property summary
AI-generated overview

This 1,310 sq ft retail property in East Carondelet, IL, presents a unique owner-user investment opportunity. Located at 1013 State St, 62240, this single-story, Class C building sits on a 0.83-acre lot and was built in 1973, undergoing a complete renovation in 2022. The renovation included a new roof, gutters, downspouts, HVAC system, and security system, ensuring modern functionality and efficiency. Currently operating as a convenience store and daycare, this property offers high visibility and easy customer access. The asking price is $130,000, translating to $99.24 per square foot. This turnkey operation is ideal for an owner-user seeking to expand their business or establish a new venture in a thriving community. The property's combination of established businesses and recent upgrades provides a solid foundation for future growth and profitability. Don't miss this chance to acquire a well-maintained, high-traffic retail space with significant upside potential.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1973
Construction WOOD
Total area 1,310 SF
Lot 0.83 ac (36,155 SF)
APN 06-17-0-407-013
UPID US28-2261293
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
Current use
Occupant on record · Public records
  • KR Quik Stop Grocery & Convenience Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Durgesh Prajapati · 1 yrs held
Durgesh Prajapati
since 2025
Last sale
$75,000
5 recorded transactions
2025
$75,000
2022
Price N/A
2022
$85,000
2018
Price N/A
2018
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 1013 State St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message