1128 Lincoln St Riverton, IL 62561-9532
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.