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    FOR SALE
    Commercial real estate

    2612 W Le Fevre Rd, Sterling, IL 61081

    4 ac lot
    Individually Owned 8-yr Hold Absentee Owner Free & Clear
    Property ID
    US28-2897811
    2612 W Le Fevre Rd, Sterling, IL 61081 For Sale 1 / 182
    $355,000
    2612 W Le Fevre Rd, Sterling, IL 61081
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    Property summary
    AI-generated overview

    This exceptional 4-acre commercial property, located at 2612 W Le Fevre Road in Sterling, Illinois, presents a unique investment opportunity. The 4,236 square foot building offers remarkable versatility, suitable for a wide range of commercial ventures. Envision an office complex, a vibrant restaurant and bar with outdoor seating, or even a gaming establishment. Alternatively, the property's adaptability extends to industrial uses, including cold storage facilities. The existing structure provides a solid foundation for your business plans, allowing for customization to meet your specific needs. The exterior landscaping is meticulously maintained, enhancing the property's curb appeal and creating a welcoming atmosphere. Strategically situated in Sterling's commercial district on the west side, this location benefits from proximity to several major employers, ensuring high visibility and convenient access for employees and customers. This prime location offers significant potential for growth and success, making it an exceptional investment opportunity for discerning buyers. The property's size and flexibility make it an attractive option for a variety of businesses seeking a prominent presence in a thriving commercial area. Don't miss this chance to acquire a versatile and well-located commercial property with significant upside potential. The asking price is $355,000.

    Property profile
    Verified
    Property type Commercial real estate
    Use group COMMERCIAL (GENERAL)
    Lot 4 ac (174,240 SF)
    APN 1118476010
    UPID US28-2897811
    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
    Current use
    Occupant on record · Public records
    • Skoog Landscape & Design Landscaping (Bike/Boat/Book/etc) Store
    1 occupant on record
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    C Alan Skoog · 8 yrs held
    C Alan Skoog
    since 2017
    2 recorded transactions
    2017
    —
    1969
    —
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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