Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
    New search
    Property profile & analytics
    FOR SALE
    Commercial real estate

    1500 E Us Highway 36, Camargo, IL 61919

    3,903 SF 1.65 ac lot Built 1920
    Individually Owned Absentee Owner Free & Clear
    Property ID
    US28-5149354
    Property summary
    AI-generated overview

    This exceptional mixed-use property, located at 1500 E US Highway 36 in Camargo, Illinois, presents a wealth of opportunities for discerning investors. Situated on 1.6 acres at the entrance to the Patterson Springs Subdivision, just four miles east of Tuscola, this 4,193 square foot building enjoys high visibility and convenient access from US Highway 36. The versatile space is ideal for a variety of commercial ventures, including restaurants, bars, event centers, or daycare facilities. The property features a spacious open patio, perfect for outdoor seating or activities, adding significant appeal to potential businesses. Inside, ample space allows for diverse configurations to suit various business needs. Practical features include Camargo City water, propane service, and a septic system. A metal roof ensures durability and low maintenance, while a basement provides valuable extra storage. This property offers a unique blend of prime location, substantial space, and versatile functionality, making it an attractive investment with significant upside potential. The property's accessibility and visibility on a major highway ensure high traffic flow, maximizing exposure for any business.

    Property profile
    Verified
    Property type Commercial real estate
    Use group COMMERCIAL (GENERAL)
    Year built 1920
    Total area 3,903 SF
    Lot 1.65 ac (71,874 SF)
    APN 04-03-33-400-02100
    UPID US28-5149354
    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
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    JACQUELINE G PANZER
    JACQUELINE G PANZER
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Try Rey
    Ask anything about this address in plain English.
    “Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message