Property profile

131 Veto St Chenoa, IL 61726

OFF-MARKET
Commercial real estate
Property ID
US28-2716752
Individually Owned 1-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional mixed-use property, located at 131 S Veto Street in historic downtown Chenoa, Illinois, presents a unique investment opportunity. The building offers 2,178 square feet of space, currently configured as two separate units with three bedrooms and two bathrooms. This versatile layout is ideal for a variety of uses, including office space, residential living, or a combination of both. The property's prime location in the heart of Chenoa's revitalized downtown area offers excellent visibility and accessibility. The charming atmosphere of downtown Chenoa, with its quaint shops and a local brewery, creates a vibrant and attractive environment for businesses and residents alike. The property is priced affordably at $69,900, making it an attractive investment for those seeking rental income or a business location with significant growth potential. This is a chance to own a piece of Chenoa's rich history while capitalizing on the town's promising future. The property sits on a 0-acre lot and offers a compelling blend of commercial and residential possibilities within a thriving community. This presents a rare opportunity to establish a presence in a desirable and growing market. Don't miss this chance to own a piece of Chenoa's vibrant downtown.

Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
APN 03-02-481-007
UPID US28-2716752

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

131 Veto St Chenoa, IL 61726-1158
Chenoa metro Census 5700 BLOOMINGTON, IL METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$50k

Owner & transaction history

since 2025
Last sale
$70,000
3 recorded transactions
2025
$70,000
2010
$10,000
2009
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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