Property summary
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
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2022Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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