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    OFF-MARKET
    Office buildings

    410 Elm St, Canton, IL 61520-2759

    Entity Owned 13-yr Hold Absentee Owner Free & Clear
    Property ID
    US28-3966883
    Property summary
    AI-generated overview

    This 5,850 square foot office building in Canton, Illinois, presents a unique investment opportunity. Located on a 0.54-acre lot with 20 parking spaces, the property boasts a renovated upper level (2015) featuring a large reception area with vaulted ceilings and movable interior walls, ideal for single or multiple businesses. One office includes lead-lined walls, previously used for X-ray. Recent improvements include new sewer lines, three sump pumps, sidewalks (2019), a new roof and front gutters (2024). The dry full basement offers two entries and ample additional space. A detached 24' x 28' (672 SF) garage provides extra storage or workspace. The property is zoned B-3 and features central air conditioning, steam heating, carpet and tile flooring, and public sewer and municipal water. The building also benefits from cable and fiber optic access. Annual property taxes (2023) totaled $5,937.42. The flexible space is suitable for various uses, including daycare, medical, traditional office, retail, and government. This property offers significant potential for income generation through leasing or expansion. The asking price is $299,900.

    Property profile
    Verified
    Property type Office buildings
    Use group OFFICE BUILDING
    APN 09-08-26-314-002
    UPID US28-3966883
    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
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    M& D Partnership · 13 yrs held
    M& D Partnership
    since 2012
    2 recorded transactions
    2012
    2011
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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