For Sale
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Property summary
This exceptional commercial property, located at 205 SE Race Street in Atlanta, Illinois, presents a fantastic investment opportunity. Built in 1998, this well-constructed all-brick building sits on a desirable corner lot in the heart of Atlanta. The 2,299 square foot main level offers versatile space previously used as a dentist's office, adaptable to a variety of businesses. The layout includes a spacious waiting room, a large office/greeting area, two full bathrooms, a dedicated office or lunch area, and two conveniently located kitchenettes. Four additional sizable office rooms provide ample workspace. An oversized attached one-car garage offers convenient parking and storage. Furthermore, a full unfinished basement provides significant additional storage space and includes roughed-in plumbing for a bathroom. The property's central location and adaptable floor plan make it an ideal investment for entrepreneurs seeking a ready-to-occupy commercial space or investors looking for a strong rental property. The asking price is $199,900. The property is situated in Logan County, Illinois, with the zip code 61723.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Value estimation
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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
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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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