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Property profile & analytics
OFF-MARKET
Commercial real estate

2417 Lebanon Ave Shiloh, IL 62221-2568

5,440 SF 0.77 ac lot Built 1980
Entity Owned 1-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US28-0031228
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1980
Construction WOOD
Total area 5,440 SF
Lot 0.77 ac (33,541 SF)
APN 08-12-0-300-013
UPID US28-0031228
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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by Request
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Comparable Approach Comparable
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Owner & transaction history
Jay Pavam LLC · 1 yrs held
Jay Pavam LLC
since 2024
Last sale
$410,000
7 recorded transactions
2024
$410,000
2023
Price N/A
2017
$360,000
2013
Price N/A
2013
Price N/A
2012
$130,000
2012
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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