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Property profile & analytics
OFF-MARKET
Commercial real estate

124 Main St Staunton, IL 62088-1447

0.33 ac lot
Individually Owned 7-yr Hold ~ Est. High Equity
Property ID
US28-3256798
Property summary
AI-generated overview

This exceptional commercial property at 124 E Main in Staunton, Illinois, presents a unique opportunity to acquire a well-established and profitable pet grooming and boarding business. Situated on a 0.33-acre lot, this highly visible corner storefront location boasts a strong existing client base, ensuring immediate revenue generation. The turnkey operation includes all necessary grooming and boarding equipment, eliminating the need for significant upfront investment. The facility itself features multiple grooming work stations, six individual pet stalls, twenty-three kennels, and a dedicated area for cats and small pets. A separate office space provides administrative functionality. Significant improvements have been made to the building, including complete A/C and electrical system updates in 2020, and most ductwork and plumbing upgrades completed in 2018. A secure and spacious outdoor area provides ample space for pets, enhancing the boarding experience. Adding to the property's appeal is a two-bedroom apartment located upstairs, currently leased and generating additional rental income. The property is being sold "AS IS," with the buyer responsible for independently verifying all details. This presents a rare chance to own a thriving business with immediate income potential and the added benefit of rental income from the upstairs apartment. Don't miss this chance to acquire a successful and rewarding venture in a prime Staunton location. The asking price is $452,122.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Lot 0.33 ac (14,220 SF)
APN 01-001-224-00
UPID US28-3256798
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
Current use
Occupant on record · Public records
  • Clippin House Pet Resort & Salon Kennel & Boarding Facility
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
Joseph E Pratte · 7 yrs held
Joseph E Pratte
since 2018
2 recorded transactions
2021
Price N/A
2018
$115,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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