315 Webster St Taylorville, IL 62568-1555
Property profile & analytics
315 Webster St Taylorville, IL 62568-1555
- Commercial real estate
- 1.08 lot acres
Property ID
US28-4317736
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Commercial real estate
Property Details for 315 Webster St
- Lot size
- 1.08 lot acres
- Zone code
- C-2
- Property type
- Commercial real estate
- APN
- 17-13-27-126-010-00
- APU
- 17132712601000
Description
This exceptional investment opportunity presents a 14,550-square-foot Walgreens, situated on a 1.36-acre lot at 315 N Webster St, Taylorville, IL 62568. The property boasts a strong 7.50% cap rate, generating a substantial net operating income (NOI) of $261,048. The absolute NNN lease, with Walgreens as the tenant, commenced February 26, 2006, and has recently been extended through March 31, 2035, providing over 10 years of remaining lease term. This long-term lease agreement eliminates landlord responsibilities. The property benefits from its prime location at the intersection of North Webster Street and West Park Street, experiencing a combined daily traffic count of 24,800 vehicles. This strategic location is further enhanced by its proximity to major employers and traffic generators, including Taylorville Memorial Hospital, Taylorville High School, and Ahlstrom Filtration. The surrounding area is densely populated, with over 14,864 residents within a five-mile radius, exhibiting an average household income of $76,115. The property enjoys a strong tenant base, with neighboring retailers including Kroger, McDonald's, Wrights Furniture, O'Reilly Auto Parts, AutoZone, Circle K, KFC, Ford, and Taco Bell. Built in 2006, this Walgreens property represents a secure, high-yield investment with significant long-term potential. The lease includes ten 5-year renewal options. This is a single-tenant, 100% occupied property.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- Statistic approach
- $2,895,000
- ML approach
- $2,850,000
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Taylorville
- County
- Christian
- State
- Illinois
- Longitude
- -89.2978
- Latitude
- 39.5519
- CBSA code
- 45380
- CBSA name
- TAYLORVILLE, IL MICROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$49,283
$240,137
$360,207
$600,344
-
$720,411
$1,080,621
$1,801,032
