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Property profile & analytics
OFF-MARKET
Commercial real estate

144 Editor St Ashland, IL 62612-7532

1,600 SF 0.17 ac lot
Individually Owned Free & Clear
Property ID
US28-3755012
Property summary
AI-generated overview

This 1,608 square foot commercial building presents a unique opportunity for investors and developers. Located in the heart of downtown Ashland, Illinois, this property is being offered "as is" and is ideal for a complete rehabilitation project. The building itself offers substantial square footage ripe for modernization and creative repurposing. Its central downtown location provides excellent visibility and accessibility, making it suitable for a variety of commercial uses. The property also includes a vacant lot, adding significant potential for expansion or future development. This combination of building and land provides a rare chance to acquire a substantial footprint in a desirable downtown area at an attractive price point. The existing structure requires significant renovation, offering a blank canvas for a buyer with vision. The "as is" sale condition allows for flexibility in planning and execution of the renovation. This property is perfect for those seeking a hands-on project with high potential for return on investment. The combination of building and vacant lot offers a unique opportunity to create a significant commercial presence in Ashland's vibrant downtown. Serious inquiries only. The property is priced to sell and represents a compelling opportunity in the Ashland commercial real estate market.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Total area 1,600 SF
Lot 0.17 ac (7,200 SF)
APN 02-033-008-00
UPID US28-3755012
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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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
JACK B LIDDICK
JACK B LIDDICK
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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