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Property profile & analytics
OFF-MARKET
Commercial real estate

119 Illinois Ave Council, ID 83612-7709

0.17 ac lot
Entity Owned Absentee Owner Free & Clear
Property ID
US27-1010256
Property summary
AI-generated overview

This exceptional investment property, located at 119 Illinois Avenue in the heart of Council, Idaho, presents a unique opportunity for savvy investors. The 1,250 square foot building sits on a 0.17-acre lot and boasts two distinct suites. Currently, one suite is occupied, generating immediate income potential. The second suite offers versatile space, ideal for a variety of uses, including office or retail. Its prime location on a hard corner in downtown Council ensures high visibility and accessibility, making it an attractive proposition for potential tenants. The property's strong location within the bustling downtown area provides excellent exposure to foot traffic and vehicular traffic. This makes it an ideal location for businesses seeking a high-traffic location. The existing tenant provides a stable income stream, mitigating risk and offering immediate return on investment. The vacant suite presents an opportunity to increase rental income or utilize the space for an owner-occupied business. This property is a rare find, combining immediate income with significant upside potential in a desirable downtown location. The asking price of $135,000 represents a compelling value for this well-situated, income-producing asset. Don't miss this chance to acquire a piece of Council's thriving downtown core.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Lot 0.17 ac (7,405 SF)
APN RPC00000150405
UPID US27-1010256
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
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
JPLA REAL ESTATE, LLC
JPLA REAL ESTATE, LLC
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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