Property profile

211 3rd St Watseka, IL 60970

OFF-MARKET
Office buildings
Property ID
US28-4026105
Entity Owned ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 7,000 square foot commercial building is ideally situated in Watseka's bustling business district at 211 S 3rd Street. Recently and extensively renovated, this property offers a unique blend of modern office space and expansive shop area, perfect for a variety of businesses. The front of the building features updated office spaces and cubicle areas, a welcoming lobby/reception area suitable for use as a showroom, and separate kitchen and bathroom facilities. The substantial shop area boasts an impressive size, equipped with both an 8-foot and a 10-foot overhead door, along with convenient floor drains. Significant upgrades include a complete overhaul of the electrical system in the shop area to accommodate 220-volt and three-phase power. The building's climate control is ensured by new central HVAC units installed in 2022/2023, serving both the offices and break room. Security is enhanced with smart locks throughout, utilizing fobs and keycodes, and a comprehensive internal and external camera system with cloud-based recording and direct access to your computer or phone, eliminating the need for external monitoring services. A kitchen and bathroom are conveniently located within the shop area, complementing the additional facilities provided for the office spaces. The building features an 11-year-old domed membrane roof, ensuring long-term durability. This turnkey property presents a rare opportunity for a business seeking a well-maintained, technologically advanced, and spacious commercial space in a prime location. Priced at $250,000.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
APN 19 32 459 005
UPID US28-4026105

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Production Facility

Location

211 3rd St Watseka, IL 60970-1667
Watseka metro Census 950400
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$135k

Owner & transaction history

since 2025
Last sale
$150,000
2 recorded transactions
2025
$150,000
2021
$115,000

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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