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    FOR SALE
    Warehouses

    406 E Court St, Roanoke, IL 61561

    1,500 SF 0.22 ac lot Built 1962
    Individually Owned Absentee Owner Free & Clear
    Property ID
    US28-5697415
    Property summary
    AI-generated overview

    This 1,820 square foot commercial building, situated on a 0.21-acre lot at 406 E Court Street in Roanoke, Illinois, presents a unique investment opportunity. Currently configured for a dog grooming and boarding business, its B2 zoning allows for a variety of uses, making it ideal for entrepreneurs seeking a high-visibility location off Route 116 (E Husseman St). The property boasts a convenient loading dock and rolling door, perfect for efficient operations. Recent improvements include new fencing (2022) and a 14x15 foot office addition (2023), enhancing both functionality and space. The existing bathroom includes a shower, currently utilized for dog grooming. A separate 12.5' x 14.5' finished room, featuring luxury vinyl plank flooring, offers versatile potential as additional operating space or even a residential area. The main area features durable epoxy flooring. The current tenant's dog grooming equipment is not included in the sale. The tenant has expressed interest in remaining, subject to negotiation. The property's adaptability and prime location make it an attractive prospect for a range of commercial ventures, and with minimal modifications, could also serve as a unique industrial/residential property. Potential rezoning may be possible

    Property profile
    Verified
    Property type Warehouses
    Use group WAREHOUSE, STORAGE
    Year built 1962
    Total area 1,500 SF
    Lot 0.22 ac (9,375 SF)
    APN 10-14-301-020
    UPID US28-5697415
    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
    • Custom Furniture Workshop Furniture & Home Goods Home Decor Store
    • Leonas Pawfect Day Spa Pet Grooming Service
    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
    MATTHEW D LEMAN
    MATTHEW D LEMAN
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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