2417 Lebanon Ave Shiloh, IL 62221-2568
This single-story, 5,440-square-foot retail building, located at 2417 Lebanon Avenue in Shiloh, Illinois 62221, presents a compelling owner-user investment opportunity. Built in 1980 and completely remodeled in 2016, the property boasts a prime location with 239 feet of frontage on Lebanon Avenue, experiencing a daily traffic count of 13,700 vehicles. The building features a new marquee sign, facade, windows, and doors, enhancing its curb appeal and visibility. Inside, the bathrooms are ADA compliant, catering to diverse needs. The property sits on a 0.77-acre lot and includes 19 parking spaces. Classified as a Class C building with a C-1 zoning permit, it offers a gross lease type and multi-tenancy potential. The asking price is $430,000, translating to $79.04 per square foot. This well-maintained property, known as Whiteside Plaza, offers a blend of modern amenities and a strategic location, making it an ideal investment for owner-occupants seeking a high-traffic area in a thriving community. The property features one building with a single story. The APN is 08-12.0-300-013.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
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Risks
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