1500 E Us Highway 36, Camargo, IL 61919
For Sale
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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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property 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.