31828 Us Highway 12 Volo, IL 60073
- Commercial real estate
- 3,120 SF
Current Use by Public Records
- Mattress by Appointment Volo IL / Mattress Store
Property Details for 31828 Us Highway 12
- Year built
- 1951
- Property size
- 3,120 SF
- Property type
- Commercial real estate
Description
This exceptional 3,120 square foot commercial property, located at 31828 N US Highway 12 in Volo, Illinois, presents a remarkable opportunity for business owners and investors alike. Situated on a busy stretch of Route 12, just a short distance from the intersection with Route 120 and adjacent to a Speedway gas station, this location boasts unparalleled visibility with thousands of vehicles passing daily. The building features a ground-floor retail space, ideal for a variety of businesses, and a second-floor apartment currently in place. This upper level offers flexibility, easily adaptable into additional office space to suit the needs of a growing enterprise. The property encompasses approximately one acre of land, providing ample space for expansion, parking, and potential future development. The strategic location, combined with the substantial frontage on Route 12, ensures maximum exposure and accessibility for customers. A significant advantage is the upcoming termination of a special tax assessment for sewer and water in December, resulting in a future reduction of property taxes. This presents a compelling investment opportunity in a thriving and expanding area. Don't miss this chance to secure a prime commercial property with exceptional visibility and growth potential.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Volo
- County
- Lake
- State
- Illinois
- Longitude
- -88.16467
- Latitude
- 42.32637