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
    OFF-MARKET
    Commercial real estate

    1551 Broadway St, Beason, IL 62512

    Individually Owned Absentee Owner Free & Clear
    Property ID
    US28-3605200
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Commercial real estate
    Use group COMMERCIAL (GENERAL)
    APN 04-306-007-00
    UPID US28-3605200
    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
    DEBRA L GRAUE
    DEBRA L GRAUE
    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?”
    You own 1551 Broadway St?
    List it free. Reach 20,000 daily buyers.
    We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
    List this address →
    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