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

    162 Main St, Dwight, IL 60420-1341

    0.09 ac lot
    Entity Owned 6-yr Hold ~ Est. High Equity
    Property ID
    US28-4892775
    Property summary
    AI-generated overview

    This exceptional mixed-use property, situated in the vibrant heart of downtown Dwight, Illinois, presents a lucrative investment opportunity. The building boasts five one-bedroom, one-bathroom apartment units, all currently occupied by long-term tenants, ensuring a stable rental income stream. Complementing the residential units are three spacious main-level storefronts, two of which are also leased to long-term tenants. This translates to a significant and consistent cash flow for the new owner. The property has undergone extensive renovations, including a new roof, updated plumbing, and upgraded electrical systems, ensuring both functionality and longevity. These recent improvements minimize immediate maintenance concerns and maximize the return on investment. The building's prime location, just minutes from Interstate 55, provides excellent accessibility and visibility, further enhancing its appeal to both residents and businesses. This landmark building offers a rare blend of residential and commercial income potential, making it an ideal acquisition for savvy investors seeking a strong, diversified portfolio addition. The property is offered at $479,900.

    Property profile
    Verified
    Property type Commercial real estate
    Use group COMMERCIAL (GENERAL)
    Lot 0.09 ac (3,920 SF)
    APN 05-05-09-206-001
    UPID US28-4892775
    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
    April Properties LLC · 6 yrs held
    April Properties LLC
    since 2020
    Last sale
    $185,000
    2 recorded transactions
    2020
    $185,000
    2011
    $175,000
    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 162 Main 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