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    OFF-MARKET
    Office Spaces

    1915 State St, Chester, IL 62233-1115

    Individually Owned 2-yr Hold Free & Clear
    Property ID
    US28-3915913
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Office Spaces
    Use group OFFICE (GENERAL)
    APN 18-108-010-00
    UPID US28-3915913
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Jason L Ohlau · 2 yrs held
    Jason L Ohlau
    since 2023
    1 recorded transaction
    2023
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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