Property profile

Https //Www.evrealestate.com/En/Properties/Our-Listings/Undisclosed-Address-Cordova-Il-61242-Mred-12557839 Cordova, IL 61242

FOR SALE
Commercial real estate
Property ID
US28-0961929
83,200 SF 15 ac lot Built 1983
Entity Owned 2-yr Hold
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Property summary

AI-generated overview

This exceptional commercial property, located in Cordova, IL, just 25 minutes from the Quad Cities, presents a significant investment opportunity. Boasting a total estimated area of 86,000 square feet across multiple buildings, this 15-acre site offers unparalleled versatility. The property includes two primary buildings at the front, totaling 33,000 square feet, conveniently connected by a roll-up garage door. These buildings, along with the additional structures, feature robust construction with concrete floors and steel beam framing, ensuring durability and longevity. The rear portion of the property comprises a substantial workshop area, complete with five roll-up doors, a dedicated mechanics shop, an office, and a full wash bay – ideal for a variety of industrial or commercial uses. High-speed fiber internet is already installed, providing seamless connectivity for modern business operations. Adding to the property's appeal is the inclusion of a single-family home, offering potential for on-site management or additional income generation. The property's substantial size, diverse building configurations, and prime location near the Quad Cities make it an attractive prospect for businesses seeking ample space and convenient access to a major metropolitan area. The asking price is $1,500,000.

Property profile

Verified
Property type Commercial real estate
Year built 1983
Total area 83,200 SF
Lot 15 ac (653,400 SF)
UPID US28-0961929

Cap rate & NOI

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

Location

Https //Www.evrealestate.com/En/Properties/Our-Listings/Undisclosed-Address-Cordova-Il-61242-Mred-12557839 Cordova, IL 61242
Cordova metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

since 2024
1 recorded transaction
2024
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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More about this property
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