Property profile

14 12th N Main St Pinckneyville, IL 62274

OFF-MARKET
Commercial real estate
Property ID
US28-3880564
Individually Owned 1-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional two-story commercial building presents a unique investment opportunity in the heart of Pinckneyville, Illinois. Situated on the town square with convenient highway frontage, this property boasts significant potential for a variety of uses. The ground floor, previously occupied by a salon and known as Dot's Cafe, offers ample space for a new business venture. While the interior stairs to the upper level are currently removed, exterior access is available to a studio apartment. This apartment, untouched since the 1970s, presents a fantastic opportunity for renovation and use as an Airbnb or similar short-term rental. The building's plumbing system remains intact, although fixtures were removed during prior flooring preparation. While the previous owner reported the plumbing to be functional, the current owner has not verified its condition. This presents a buyer with the chance to modernize and customize the plumbing to their specifications. The property is being sold "as is," reflecting the current state of the plumbing and the need for potential updates. The 0-acre lot provides a manageable footprint for this downtown commercial property. This is a rare chance to acquire a well-located building with significant upside in a thriving Illinois community. The property's highway visibility and central location make it an attractive proposition for entrepreneurs and investors alike.

Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
APN 2530670071
UPID US28-3880564

Cap rate & NOI

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

Location

14 12th N Main St Pinckneyville, IL 62274-1154
Pinckneyville metro Census 30200
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

since 2025
Last sale
$500
2 recorded transactions
2025
$500
2021
$33,000

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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