Property profile

211 Central Ave Benld, IL 62009

OFF-MARKET
Other commercial real estate
Property ID
US28-3177840
0.08 ac lot
Individually Owned 2-yr Hold Free & Clear
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Property summary

AI-generated overview

The property is a brick commercial building located in downtown Benld on Historic Route 66. It contains approximately 1,500 square feet of interior space and sits on a 0.0775-acre lot. The building is gutted and configured in a way that allows for customization, including the possibility of an apartment at the rear with a separate entrance for mixed business and residential use. An electrical panel has been updated. The building has no basement and is described as having no leaks. Based on the existing configuration and visibility from Historic Route 66, the property is suitable for uses such as retail, office space, a restaurant, or other commercial ventures.

Property profile

Verified
Property type Other commercial real estate
Use group COMMERCIAL (GENERAL)
Lot 0.08 ac (3,375 SF)
APN 03-001-469-00
UPID US28-3177840

Cap rate & NOI

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

Location

211 Central Ave Benld, IL 62009-1427
Benld metro Census 957000 ST. LOUIS, MO-IL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$265k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$265k

Owner & transaction history

since 2024
3 recorded transactions
2024
Price N/A
2022
$5,000
2021
$2,000

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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