131 Veto St, Chenoa, IL 61726-1158
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
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.