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    FOR SALE
    Commercial land

    205 E Southline Rd, Tuscola, IL 61953

    2.12 ac lot
    Entity Owned Absentee Owner Free & Clear
    Property ID
    US28-5152141
    205 E Southline Rd, Tuscola, IL 61953 For Sale
    $150,000
    205 E Southline Rd, Tuscola, IL 61953
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    Property summary
    AI-generated overview

    This exceptional 2.12-acre commercial lot, located at 205 E Southline Rd, Tuscola, IL 61953, presents a prime development opportunity. Zoned COM, this property boasts high visibility on a main Tuscola corridor, experiencing over 7,600 vehicles daily. Situated adjacent to a Dollar General, it benefits from a shared access easement off Illinois Route 36. While a portion of the site lies within a floodplain near Scattering Fork creek, there remains ample space for building construction and parking lot development. This makes it ideal for local or national retailers seeking a prominent location in Tuscola. The asking price is $150,000. Serious inquiries are encouraged. The property is conveniently located in Douglas County, Illinois, and offers significant potential for commercial growth. This is a rare opportunity to acquire a well-positioned commercial lot in a thriving area. Don't miss out on this chance to establish your business in a high-traffic location.

    Property profile
    Verified
    Property type Commercial land
    Use group VACANT COMMERCIAL LAND
    Lot 2.12 ac (92,347 SF)
    APN 09-08-03-201-00200
    UPID US28-5152141
    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
    Current use
    Occupant on record · Public records
    • Dollar General Discount Store
    • Redbox Cinema (Bike/Boat/Book/etc) Store
    • Western Union Bank Credit Union
    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
    K & K REAL EST ASSOCIATES, LLC
    K & K REAL EST ASSOCIATES, LLC
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    “Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
    More about this property
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