Individually Owned Property summary
This exceptional investment opportunity comprises three strategically located commercial properties in Vandalia, Illinois, totaling 21,018 square feet. The portfolio boasts prime frontage along I-70 (22,600 vehicles daily) and Veterans Avenue/Hwy 40 (6,850 vehicles daily), placing it in the heart of Vandalia's retail corridor, near major national chains like McDonald's, Wendy's, and Sonic. The largest property, a 9,408 sq ft building at 1631 N. Eighth Street, constructed in 2002, currently… houses Sarah Bush Lincoln Hospital (3/4 of the building, lease expiring in 1-2 years) and a thriving Mexican restaurant. Recent capital expenditures exceeding $50,000 include a new roof. This building's adaptable layout allows for up to four tenants, offering significant potential for increased rental income. The other two properties, located at 1401 Veterans Avenue, sit on 1.56 acres and include two long-term tenants in pole barn buildings (5,940 sq ft and 5,670 sq ft) paying below-market rates, presenting a value-add opportunity. One building was constructed in 1998 and the other in 1975. The property at 1401 Veterans Avenue also includes undeveloped land with potential for expansion, such as a mini-storage facility. Four additional adjacent lots are available for purchase, further enhancing the investment potential. The entire portfolio offers a unique blend of immediate income and significant long-term growth potential.
Ownership intelligence
Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2023
Value estimate
· Sep 2026Realmo valuation models over county records.
Recently sold
No data for this sectionNo cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
No data for this sectionNo zoning code is on file for this parcel. Coverage grows with every catalog release.
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
1 recorded sale · 6 properties nearbyComparable nearby
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $99/month
- Lot area
- 2.07 ac
- APN
- 18-14-09-153-010
- Assessed value · 2023
- $174,472
- Annual tax · 2023
- $14,685
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and any signals we can model, to help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
- Ownership
- Owner Contacts
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
Cancel anytime.
- 30 reports a month
- Ownership
- Owner Contacts
- Location Analytics
- Everything in the Light report
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
Cancel anytime.
- 300 reports a month
- Ownership
- Owner Contacts
- Location Analytics
- Everything in the Light report
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
and get 1 Light Report
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
The PDF can’t be displayed here
Use Download PDF or Open in new tab above to view the sample report.
