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    Property profile & analytics
    FOR SALE
    Commercial real estate

    1112 E Railroad St, Sandwich, IL 60548

    Individually Owned Absentee Owner Free & Clear
    Property ID
    US28-0762700
    Property summary
    AI-generated overview

    This 2,600 square foot retail property located at 1112 E Railroad Street in Sandwich, Illinois presents a compelling investment opportunity. Situated on a busy thoroughfare, this multi-tenant building boasts high visibility and consistent foot traffic, ensuring strong tenant appeal. Currently, the property is fully leased to three independent businesses: two hair salons and a health spa, providing a stable and diversified income stream. Each unit operates independently, minimizing risk and maximizing rental potential. The property's location in the charming town of Sandwich offers the benefits of a close-knit community while remaining conveniently accessible to a wider customer base. The building itself offers 2,600 square feet of well-maintained space, ideal for a variety of retail uses. This turnkey investment requires minimal management, making it an attractive option for both seasoned and novice investors seeking a stable and profitable venture in a desirable location. A non-disclosure agreement is required to access further detailed financial information. This is a rare opportunity to acquire a thriving retail property in a vibrant Illinois community. Don't miss out on this chance to secure a promising return on investment.

    Property profile
    Verified
    Property type Commercial real estate
    Use group COMMERCIAL (GENERAL)
    APN 19-36-226-001
    UPID US28-0762700
    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
    • Eyecare Center Physician
    • Spaesthetics Alternative Medicine Practice Spa & Massage Center
    • Vanallour Hair Studio Hair Salon
    • Michael W. Menconi, OD Physician
    • Horizon Health Spa Alternative Medicine Practice Spa & Massage Center
    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
    LAURA D CSISZER
    LAURA D CSISZER
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    Ask anything about this address in plain English.
    “Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
    More about this property
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