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    OFF-MARKET
    Commercial real estate

    106 Whitley St, Oakford, IL 62673

    3,432 SF
    Property ID
    US28-4815894
    Property summary
    AI-generated overview

    This exceptional 3,432 square foot commercial property, located at 106 S Whitley Street in the heart of Oakford, Illinois, presents a rare investment opportunity. Built as the town's original lumber yard, this building is steeped in local history and offers immense potential for a variety of commercial ventures. Its central downtown location ensures high visibility and accessibility. The spacious interior layout is adaptable to numerous uses, including office space, storage facilities, or even a restaurant. The property's size and configuration also lend themselves to creative redevelopment, such as a video gaming parlor, subject to necessary permits and approvals. The asking price of $44,900 represents a significant value for a property with such historical significance and redevelopment potential in a thriving community. This is a chance to own a piece of Oakford's heritage and shape its future. The property sits on a lot with no acreage specified. Serious inquiries are encouraged to explore the possibilities this unique property offers. This is a turnkey opportunity for an entrepreneur looking to establish a business in a desirable location or for an investor seeking a strong return on investment. The building's sturdy construction and prime location promise a long and profitable future for the right owner. Don't miss this chance to acquire a piece of Oakford history and unlock its considerable commercial potential.

    Property profile
    Verified
    Property type Commercial real estate
    Total area 3,432 SF
    UPID US28-4815894
    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
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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