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    Property profile & analytics
    OFF-MARKET
    Commercial real estate

    410 Sunset Dr, Vandalia, IL 62471-4111

    1.57 ac lot
    Individually Owned Absentee Owner Free & Clear
    Property ID
    US28-4852340
    Property summary
    AI-generated overview

    This exceptional 9,127-square-foot commercial building, situated on a spacious 1.57-acre lot in Vandalia, Illinois, presents a remarkable investment opportunity. Constructed in 1997 and successfully operated until 2024, the property boasts a wealth of features ideal for a variety of uses. Currently configured with 21 private rooms, it's perfectly suited for senior living, including memory care, assisted living, or independent living arrangements. The facility also includes a fully equipped commercial kitchen and dedicated laundry facilities, ensuring convenience and functionality. Modern updates include a recently installed roof and updated rooms, contributing to the property's overall excellent condition. The well-maintained infrastructure is complemented by a large concrete parking lot and beautifully landscaped grounds, featuring a gazebo. The property's versatility extends beyond senior housing, with potential for multi-family housing development, group homes, daycare centers, or educational facilities. Its prime location within a serene residential neighborhood offers both accessibility and a peaceful environment. This turnkey facility represents an exceptional value for developers and investors seeking a well-maintained property with significant repurposing potential to meet diverse community needs. The property's size, amenities, and location combine to create a compelling investment opportunity with strong potential for future growth and profitability.

    Property profile
    Verified
    Property type Commercial real estate
    Use group COMMERCIAL (GENERAL)
    Lot 1.57 ac (68,389 SF)
    APN 18-14-17-132-018
    UPID US28-4852340
    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
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    Blend (final) Blend
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    Owner & transaction history
    BARRY HORSTE
    BARRY HORSTE
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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