Property summary
This exceptional investment opportunity presents two single-tenant, 100% occupied Subway restaurants located in Oglesby and Spring Valley, Illinois. The portfolio boasts a combined 3,650 square feet of net rentable space situated on a total of 42,000 square feet of land. Each building is a single-story structure. The Oglesby location, at 200 N Lewis Ave, 61348, features a 1,350 square foot building and the Spring Valley location, at 812 W Dakota St, 61362, offers 2,300 square feet. Both properties benefit from ample parking, with 25 spaces total, and include drive-thrus. The portfolio commands a combined asking price of $1,250,000, representing a price per square foot of $342.47. The current Net Operating Income (NOI) is $173,042, yielding a strong 13.84% cap rate. This owner-user investment opportunity offers a Class B property with significant potential for future growth and strong cash flow. The portfolio is offered at 100% ownership, including both the property and the established Subway businesses. This is a rare chance to acquire a well-established, high-performing portfolio in a stable market.
Property profile
VerifiedCap rate & NOI
Current use
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Take-out & Catering
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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