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    Property profile & analytics
    FOR SALE
    Commercial real estate

    118 N 1St St, Girard, IL 62640

    0.47 ac lot
    Individually Owned Absentee Owner Free & Clear
    Property ID
    US28-3161125
    Property summary
    AI-generated overview

    This exceptional investment opportunity presents a substantial 5,368 square foot brick commercial building situated on eight lots in Girard, Illinois, at 118 N 1st Street. The property includes a metal outbuilding, both of which require repairs, presenting a unique chance for renovation and redevelopment. The property's history includes operation as Girard Ready Mix, suggesting potential for similar uses or adaptation to various commercial ventures. The irregular lot shapes are clearly detailed in the attached county plat. This listing encompasses seven distinct parcel IDs: 07-000-230-01, 07-000-899-00, 07-000-897-00, 07-000-893-00, 07-000-894-00, and 07-000-892-00. The substantial size of the building and the multiple lots offer considerable flexibility for a variety of commercial uses. Given the need for repairs, this property is ideally suited for an investor seeking a project with significant upside potential. The location in Girard provides access to local amenities and infrastructure. Detailed property information and the county plat are available upon request. This is a rare opportunity to acquire a large commercial property with significant land holdings in a growing community. The asking price is $49,900.

    Property profile
    Verified
    Property type Commercial real estate
    Use group COMMERCIAL (GENERAL)
    Lot 0.47 ac (20,320 SF)
    APN 07-000-889-01
    UPID US28-3161125
    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
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    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    James E Hamilton
    James E Hamilton
    since 2025
    2 recorded transactions
    2025
    2020
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    More about this property
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