1915 State St, Chester, IL 62233-1115
This exceptional commercial property, located at 1915 State St in Chester, Illinois, presents a unique investment opportunity. Situated on State Highway 150 directly across from Chester Hospital, this property boasts unparalleled visibility and accessibility. The site encompasses parcel 18-108-014-00 and a portion of parcel 18-108-010-00, offering ample space for a variety of commercial ventures. Previously occupied by Chester Dairy, the building's adaptable layout includes multiple sections with diverse features. One area offers convenient ground-level access, while others provide opportunities for customization to suit specific business needs. The property's flexible design allows for a range of uses, from a retail storefront to a climate-controlled storage facility, or any other commercial application an entrepreneur might envision. The City of Chester actively supports the revitalization of this key location, making this a chance to establish a thriving business within a community eager to welcome new enterprises. Priced at $225,000, this property represents a significant opportunity for growth and profitability in a desirable location. Don't miss this chance to acquire a piece of Chester's commercial landscape.
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
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.