1301 S Douglas Rd, Metamora, IL 61548
Imagine the possibilities! This one story all brick building on 2.74 flat acres was built as and has been used as a church. It has a large room currently used as the sanctuary, one large and two small half bathrooms, several meeting rooms, a nursery, and a baptistry. There are two HVAC systems. ... The building could be used for many other things, such as a daycare center, a retail store, an office, a learning center, a storage facility....the possilities are endless! It could even be remodeled into a house. And with 2.74 acres, there is plenty of room to expand! The property is currently zoned residential. The buyer will be responsible for securing any zoning change for their intended use. Since the facility has been used as a church, it has been exempt from Real Estate taxes.....the buyer will be responsible for estimating the taxes for their intended use. It is on a septic but gets water from the Village of Metamora. Total sq ft is 2707.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
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Risks
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