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    Property profile & analytics
    OFF-MARKET
    Commercial land

    1111 Dixie Hwy, Beecher, IL 60401-4002

    6.49 ac lot
    Individually Owned 17-yr Hold Absentee Owner Free & Clear
    Property ID
    US28-3227237
    Property summary
    AI-generated overview

    This exceptional commercial property, located at 1111 Dixie Highway Unit 202 in Beecher, IL, presents a prime opportunity for businesses seeking high visibility and substantial foot traffic. The 2,004 square foot unit is situated within a thriving plaza anchored by established businesses including Walt's Grocery Store, First Community Bank and Trust, and Tony's Pizza, ensuring a consistent flow of potential customers. The plaza enjoys excellent visibility from a busy main road, boasting an impressive daily traffic count of approximately 10,600 vehicles. This unit is ideal for a variety of uses, including retail, office, or service-based businesses. Ample parking is available for customers and employees. For those seeking expanded space, an additional 1,495 square foot unit is also available for sale, offering a combined total of 3,500 square feet should both units be purchased together. This property offers an unparalleled chance to establish or expand a business in a high-demand location with proven success. The asking price for this 2,004 square foot unit is $250,000.

    Property profile
    Verified
    Property type Commercial land
    Use group VACANT COMMERCIAL LAND
    Lot 6.49 ac (282,704 SF)
    APN 22-22-16-202-014
    UPID US28-3227237
    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
    John R Knuth · 17 yrs held
    John R Knuth
    since 2008
    1 recorded transaction
    2008
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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