166 Ln St Equality, IL 62934
This exceptional commercial property, located at 166 W Lane Street in Equality, Illinois, presents a compelling investment opportunity. Priced at $350,000, the property is classified as general commercial and offers significant potential for a variety of uses. While the square footage is not currently specified, the property sits on a zero-acre lot, suggesting a compact and potentially easily managed space. Its location in Equality, Illinois provides access to a local market and offers potential for growth. The absence of detailed square footage information presents an opportunity for prospective buyers to conduct their own assessment and tailor the space to their specific business needs. This could include renovations or adaptations to suit a range of commercial ventures. The property's strategic location within Equality warrants further investigation into local demographics and market trends to fully understand its potential return on investment. Serious inquiries are encouraged to conduct due diligence and explore the possibilities this property offers. The asking price reflects the potential value and the opportunity for a buyer to shape the future of this commercial space. This is a chance to acquire a property in a growing market, offering a blank canvas for entrepreneurial vision. Further information regarding zoning and permitted uses can be obtained through the appropriate local authorities.
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The Red Onion Restaurant
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.