419 Mulvain St, Durand, IL 61024
This exceptional 2,958 square foot commercial property, situated on a 0.45-acre lot at 419 Mulvain Street in Durand, Illinois, presents a unique investment opportunity. Previously operating as a successful garage and service center, the building offers a blend of functional spaces ideal for a variety of uses. The main shop area, spanning 2,210 square feet, is equipped with two vehicle lifts—a larger lift accommodating 3/4-ton trucks (installed 2011) and a smaller hoist (installed 2021). Included in the sale is an air compressor and a used oil burner for the main shop area. This section also benefits from overhead heating. A significant 748-square-foot addition, completed in 2018, enhances the property's versatility. This ADA-compliant addition features a dedicated office, a bathroom, ample storage space, and an area accessible via a small overhead door. Modern conveniences such as central heating and air conditioning are included in this newer section. The property's size, existing infrastructure, and adaptable layout make it suitable for a range of commercial ventures. Its location in Durand, Illinois offers easy access to local amenities and transportation routes. The combination of established shop space and modern office amenities makes this a truly unique and attractive commercial property. This is a rare opportunity to acquire a well-maintained and versatile commercial building with significant potential for growth and profitability.
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Matteson Service Center, Inc. Auto Repair Shop
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.