306 Franklin St, Robinson, IL 62454
This exceptional mixed-use property, located at 306 S. Franklin St. in Robinson, Illinois, presents a compelling investment opportunity. Built in 1923, the 8,100 square foot building boasts five units, including a basement apartment with its own separate entrance, ensuring a 100% occupancy rate. The building's architectural character is evident in its covered front porch and upper open balcony. A grand winding staircase greets visitors upon entry, leading to the upper-floor apartments. Off-street parking is available for residents and tenants. The property's financial details are available for review upon request to qualified buyers. This is a rare chance to acquire a well-maintained, historically significant building in a desirable location with a proven track record of consistent occupancy. The property is situated in Robinson, IL, zip code 62454, and offers a blend of historical charm and modern convenience. The building's size and layout provide flexibility for a variety of uses, making it an attractive investment for both seasoned and new investors. Serious inquiries only.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.