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Property profile & analytics
OFF-MARKET
Commercial real estate

1425 State St Westville, IL 61883

0.44 ac lot Built 2005
Property ID
US28-3860512
Property summary
AI-generated overview

This exceptional turnkey retail property in Westville, Illinois, presents a fantastic business opportunity. Located at 1425 N State St, this single-story, 2005-built building boasts 14 parking spaces on a 0.44-acre lot (APN 28-05-101-137). Currently operating as a successful salon, the property includes all existing equipment and fixtures, ensuring a seamless transition for the new owner. Recent upgrades include a new roof and siding (2019), updated lighting (2022), and a completely renovated massage room. Additional features include an ADA-compliant bathroom, a new furnace and water heater (2017), attractive epoxy flooring, and a mini-split heating and cooling system. The building's interior has been freshly painted, and drywall repairs have been completed. Security cameras are also included. Zoned for both business and residential use, this versatile property offers significant potential. The property's strong revenue stream and recent improvements make it an ideal investment for a savvy business owner. This is a truly move-in ready opportunity, perfect for someone looking to take over an established business or adapt the space for a new venture. The seller is retiring, making this a unique chance to acquire a well-maintained and profitable property.

Property profile
Verified
Property type Commercial real estate
Year built 2005
Lot 0.44 ac (19,166 SF)
APN 28-05-101-137
UPID US28-3860512
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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