453 Locust St Canton, IL 61520
This exceptional commercial property, located at 453 E Locust Street in Canton, Illinois, presents a unique opportunity for developers. The property boasts a substantial 23,522 square feet and is situated on a multi-parcel corner lot, offering excellent visibility and accessibility. Its strategic location provides convenient access from both Route 9 and a side street, maximizing exposure to potential customers. The property is zoned for commercial development, allowing for a wide range of uses. This prime location in Fulton County, Illinois, zip code 61520, offers significant potential for growth and return on investment. The asking price is $225,000. An additional 0.18 acres of adjacent land to the west is also available for purchase, providing an opportunity to expand the development footprint. This presents a rare chance to acquire a substantial commercial property in a desirable location with significant development potential. The coordinates are 40.5585° N, 90.0277° W. This property is ready for your vision. Serious inquiries only.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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.