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Property profile & analytics
OFF-MARKET
Commercial land

1128 Lincoln St Riverton, IL 62561-9532

1.86 ac lot
Individually Owned 19-yr Hold Absentee Owner Free & Clear
Property ID
US28-3071852
Property summary
AI-generated overview

This exceptional 2.6-acre commercial property, located at 1128 E Lincoln Street in Riverton, Illinois, presents a unique investment opportunity. The property boasts a 2,800 square foot building currently housing twelve individual storage units, generating immediate income potential. Adding to its versatility, the lot also includes several 10x20 shipping containers, with ample space for up to sixty more. The property's zoning allows for further development and expansion. Included in the sale is commercial-grade equipment designed for lot maintenance and efficient movement of the shipping containers. The strategic location on a central road, near Riverton Middle School, ensures high visibility and accessibility. This property is ideal for an investor seeking a diversified portfolio or a business owner looking to establish a strong presence in a growing community. The seller is open to considering a contract for deed or lease arrangement. This is a rare opportunity to acquire a substantial commercial property with existing income streams and significant expansion potential. Don't miss out on this exceptional offering.

Property profile
Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Lot 1.86 ac (81,022 SF)
APN 15-15.0-202-033
UPID US28-3071852
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
Randall Hemming · 19 yrs held
Randall Hemming
since 2006
1 recorded transaction
2006
$165,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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