1425 State St Westville, IL 61883
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
1 recent transactions · within 1.5 miProperty description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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.