1212 Walnut St Breese, IL 62230-1043
This exceptional commercial property in Breese, Illinois, presents a unique investment opportunity. Strategically located on a busy highway, it ensures high visibility and accessibility for any business. The 0.51-acre lot encompasses two parcels, providing ample space for parking and future expansion. The main structure is a 1,232 square foot office building, complete with a full basement, a fully equipped kitchen, and two and a half bathrooms. This provides comfortable and functional office space. In addition to the office building, a substantial 2,800 square foot garage is available. This garage features all-concrete flooring, four overhead doors, a dedicated office, and a bathroom, offering versatile usage options for storage, workshops, or additional business operations. The combination of office space and expansive garage provides a unique blend of functionality. The property's prime location, combined with its substantial size and versatile layout, makes it an ideal choice for a wide range of commercial ventures. The easy highway access ensures convenient commutes for employees and customers alike. This property offers a compelling opportunity for businesses seeking a prominent and functional space in a high-traffic area. The asking price is $525,000.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
Property description
Physical attributes from public recordsZoning & alternative use
51 · Breese, ILBreese. Always verify with local authorities before improvements.
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.