Property profile

510 Cemetery Ave Chenoa, IL 61726

OFF-MARKET
Other commercial real estate
Property ID
US28-2660060
6,336 SF 3.73 ac lot Built 1999
Entity Owned 3-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

The property is a 2,376-square-foot restaurant and/or retail space configured for quick-service use, with drive-thru capabilities, and located at the intersection of W. Cemetery Ave/Highway 24 and Route 66. It is attached to a 24/7 operating gas station and truck stop that includes gaming and shower facilities. The site is positioned along Route 66 near Interstate 55 at the Chenoa exit, providing high street and roadway visibility.

Property profile

Verified
Property type Other commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1999
Total area 6,336 SF
Lot 3.73 ac (162,479 SF)
APN 03-02-300-001
UPID US28-2660060

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Gas Station
  • Grocery & Convenience Store
  • Atm
  • Restaurant

Location

510 Cemetery Ave Chenoa, IL 61726-1379
Chenoa metro Census 5700 BLOOMINGTON, IL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$1.34M
CAP Approach CAP
$985k
Comparable Approach Comparable
$906k
Blend (final) Blend
$1.41M

Owner & transaction history

since 2022
Last sale
$1.4M
3 recorded transactions
2022
$1.4M
2005
Price N/A
2005
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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