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Property profile & analytics

419 Mulvain St Durand, IL 61024

  • Industrial properties
  • 0.45 lot acres
For Sale
Last Sale
Nov 05, 2020
$50,000
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US28-3316168
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Matteson Service Center, Inc. / Auto Repair Shop / Auto Parts Store

Property Details for 419 Mulvain St

Lot size
0.45 lot acres
Property type
Industrial properties
APN
05-11-304-001
APU
511304001

Description

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.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

  • CAP approach

  • Comparable approach

  • Alternative Use

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Location Insight

  • Map
  • Local Demand
City
Durand
County
Winnebago
State
Illinois
Longitude
-89.3219
Latitude
42.4376
CBSA code
40420
CBSA name
ROCKFORD, IL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$2,233
$14,399
$12,243
$26,642
-
$43,197
$36,729
$79,926
More about this property
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