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    Property profile & analytics
    OFF-MARKET
    Commercial real estate

    105 Main St, Shelbyville, IL 62565-1653

    4,600 SF 0.12 ac lot
    Entity Owned Absentee Owner Free & Clear
    Property ID
    US28-4055543
    Property summary
    AI-generated overview

    This exceptional Shelbyville, IL commercial property, located at 105 Main Street, presents a unique investment opportunity. Spanning 0.12 acres, the building offers a diverse range of income-generating spaces. The main level currently operates as a thriving sporting goods store, fully stocked with fishing gear, bait, lures, and all necessary equipment. All inventory, shelving, and equipment are included in the sale. A well-equipped office space, complete with computers, desk, seating, and a small refrigerator, is also located on the main level. A finished basement offers significant potential for expansion or additional rental income. The rear of the building houses a successful barbershop, generating consistent monthly revenue and equipped with barber chairs, stations, and laundry facilities. Finally, the upper level features a fully operational recreation center, including a commercial batting cage and a laser tag arena. All equipment for both attractions is included in the sale, making this an ideal venue for groups and birthday parties. This turnkey operation offers immediate income streams and significant upside potential for a savvy investor. The asking price is $350,000.

    Property profile
    Verified
    Property type Commercial real estate
    Use group COMMERCIAL (GENERAL)
    Total area 4,600 SF
    Lot 0.12 ac (5,336 SF)
    APN 2013-07-20-404-006
    UPID US28-4055543
    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
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    SCHULTZ, GARY & CHERYL LLC
    SCHULTZ, GARY & CHERYL LLC
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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