1020 2nd St, Chillicothe, IL 61523-1626
This exceptional 720-square-foot storefront is perfectly situated in Chillicothe's revitalized downtown business district at 1020 N 2nd St, Chillicothe, IL 61523. The property, identified by APN 05-21-354-010, is a single-story building offering a completely renovated space ready for immediate occupancy. Features include a striking glass storefront, attractive wood floors, and a convenient on-site bathroom. Central air conditioning and heating ensure year-round comfort for both employees and customers. The property is zoned CB-1, making it suitable for a variety of retail or office uses. Its prime location offers excellent walkability to nearby shops and restaurants, providing high visibility and foot traffic for your business. This is a fantastic opportunity to establish or expand your business in a thriving downtown area. The asking price for this turnkey storefront is $42,500. The net rentable square footage is 720 square feet. Don't miss this chance to own a piece of Chillicothe's vibrant commercial landscape.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.