Property profile

215 Market St Troy, IL 62294

OFF-MARKET
Other commercial real estate
Property ID
US28-2304583
1,054 SF 0.08 ac lot Built 1970
Individually Owned 2-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

The property is a commercial facility in Troy, Illinois on a 0.0833-acre lot. The building includes a remodeled entry area with double entry doors, painted concrete flooring, two bathrooms, and a claw machine. A gaming area added to the building is configured with six gaming machines, an ATM, a drink cooler, a small bar, and tables with stools. A dining area includes LVP flooring and is equipped with dining tables and chairs, coolers, a slicer, toaster, fridges, and freezers. A backroom contains a commercial sink, storage, and an in-floor grease trap. The game room and entry are on a concrete slab foundation, while the dining room area is on a crawl space. Planned or proposed improvements include a new addition for a game room, a roof replacement, smart siding on three exterior sides, and upgrades such as an added electric panel for the game room and new plumbing for the bathroom and grease trap, along with new interior flooring and paint; the property also includes a parking area along the left side of the building.

Property profile

Verified
Property type Other commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1970
Total area 1,054 SF
Lot 0.08 ac (3,630 SF)
APN 09-2-22-09-07-205-025
UPID US28-2304583

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
  • (Bike/Boat/Book/etc) Store
  • Training Center Sports School

Location

215 Market St Troy, IL 62294
Troy metro Census 403531 ST. LOUIS, MO-IL METROPOLITAN STATISTICAL AREA
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
$285k

Owner & transaction history

since 2024
Last sale
$200,000
7 recorded transactions
2024
$200,000
2023
Price N/A
2018
$104,000
2011
$105,000
1969
Price N/A
1969
Price N/A
1969
Price N/A

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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