Property profile

1631 Ml St Nashville, IL 62263

OFF-MARKET
Commercial real estate
Property ID
US28-4604689
2.22 ac lot
Entity Owned 1-yr Hold Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional industrial property in Nashville, Illinois, presents a significant opportunity. The 26,380-square-foot warehouse complex sits on a 2.23-acre lot, offering ample space for operations and expansion. The property features two buildings: a 7,480-square-foot office/warehouse and an 18,900-square-foot warehouse. Built in 1981 and renovated in 1999, the property boasts a 303-foot frontage. Loading and unloading are facilitated by four dock doors and three drive-in doors of varying sizes. The property also includes a rocked parking area with 15 total parking spaces. Power is readily available with a 600-amp, 3-phase, 480-volt electrical service. Ceiling heights reach 16 feet, and column spacing varies between the buildings. The property is zoned for light industrial use and has an APN of 10-12-25-100-016. This single-tenant property is located at 1631 S Mill St, Nashville, IL 62263. The property offers a unique blend of office and warehouse space, making it suitable for a variety of businesses seeking a well-maintained and strategically located facility. The ample parking and convenient access further enhance its appeal.

Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Lot 2.22 ac (96,703 SF)
APN 10-12-25-100-016
UPID US28-4604689

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1631 Ml St Nashville, IL 62263
Nashville metro Census 950400
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$315k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$330k

Owner & transaction history

since 2025
Last sale
$350,000
4 recorded transactions
2025
$350,000
2024
$100,000
2022
Price N/A
2018
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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