1709 County Rd 2200th E Saint Joseph, IL 61873-9466
This exceptional commercial property presents a rare investment opportunity in the thriving Saint Joseph, Illinois market. Located at 1709 County Rd 2200 E, this single-tenant property boasts a substantial 111,478 square feet of retail space situated on land zoned for 3000. The property consists of five buildings, classified as Class C, and is identified by APN 282203400020 in Champaign County. Its strategic location offers easy access to the amenities of Saint Joseph, a charming community, while also providing convenient proximity to the larger Champaign-Urbana metropolitan area, approximately a 10-15 minute drive away. This presents a unique chance to capitalize on the growth potential of the area, particularly within the horticulture industry, which is experiencing significant expansion in this fertile farm region. The property's substantial size and versatile zoning provide ample opportunities for a variety of commercial uses. Serious inquiries are encouraged to explore the full potential of this remarkable investment. The property is located in Champaign County, Illinois, with a zip code of 61873. The geographic coordinates are 40.129328 latitude and -88.048179 longitude.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
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Risks
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