Technical
Financial
Distress signals
Property profile

166 Ln St Equality, IL 62934

OFF-MARKET
Office buildings
Property ID
US28-4406512
0.25 ac lot
Entity Owned Free & Clear
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Lot 0.25 ac (10,800 SF)
APN 04-002-086-04
UPID US28-4406512

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Restaurant

Location

166 Ln St Equality, IL 62934
Equality metro Census 972800
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$255k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$255k

Owner & transaction history

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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