5 Lincoln Ave Altamont, IL 62411-1152
This exceptional commercial property, located at 5 W Lincoln Avenue in Altamont, Illinois, presents a compelling investment opportunity. Priced at $200,000, this general commercial building offers significant potential for a variety of uses. While the square footage is not currently specified, the property sits on a zero-acre lot, suggesting a compact and potentially easily managed space. Its prime Altamont location offers excellent visibility and accessibility, making it an ideal choice for businesses seeking a strong presence in the community. The property's versatility allows for a range of potential uses, from retail to office space, or even a combination thereof, depending on the buyer's specific needs and vision. The absence of detailed square footage information provides an opportunity for prospective buyers to conduct their own assessment and tailor the space to their exact requirements. This presents a unique chance to acquire a well-situated commercial property in a thriving Illinois town at an attractive price point. Serious inquiries are encouraged to explore the possibilities this property offers. Further details regarding the building's interior and specific features can be provided upon request. Don't miss this chance to secure a valuable asset in a desirable location.
-
Bank of Hillsboro Bank Loan Service
-
ATM Atm
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.