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Property profile & analytics

1551 Broadway St Beason, IL 62512

  • Commercial real estate
OFF-MARKET
Value Estimation
Location Intelligence
Property ID
US28-3605200
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Commercial real estate

Property Details for 1551 Broadway St

Property type
Commercial real estate
APN
04-306-007-00
APU
430600700

Description

This exceptional investment opportunity presents two side-by-side mixed-use buildings located on a prime corner lot in the heart of Beason, Illinois, at 1551 Broadway Street. Currently, the structures may require demolition, although the existing contents may possess some salvage value. The true asset lies in the substantial land itself, offering unparalleled potential for redevelopment. This property presents a blank canvas for a wide range of creative uses, limited only by the buyer's vision. The combined parcels are priced affordably at $3,000, representing a minimal financial risk for a significant land acquisition in a desirable location. Due to potential safety concerns, access is restricted, and independent showings are not permitted. Serious inquiries only, please contact the listing agent to schedule a viewing and discuss this unique opportunity further. The property is situated in a central location within Beason, offering excellent visibility and accessibility. The absence of existing structures allows for complete design freedom, making it ideal for new construction tailored to specific needs. This is a rare chance to acquire a substantial land holding in a growing community at an exceptionally low price point. The potential return on investment is significant, considering the prime location and the flexibility offered by the vacant lots. Don't miss this chance to shape the future of downtown Beason.

Value Estimation

Powered by Realmo proprietary methodology Last update: July 3, 2025
  • CAP approach

  • Comparable approach

  • Alternative Use

Location Insight

  • Map
  • Local Demand
City
Beason
County
Logan
State
Illinois
Longitude
-89.1936
Latitude
40.1436
CBSA code
30660
CBSA name
LINCOLN, IL MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$111
$1,000
$570
$1,570
-
$3,000
$1,710
$4,710
More about this property
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