Individually Owned 
For Sale
1 / 47
Property summary
This exceptional commercial property, located at 526 N Railroad Ave, Blue Mound, IL 62513, presents a unique investment opportunity. The 2.25-acre lot boasts a 3,884 square foot building, strategically situated on Illinois Route 48, experiencing over 5,000 vehicles daily. The property features a 2-story structure built in 1959, zoned COM, with a total of one building. The main structure includes nearly 2,000 square feet of heated shop space, accessible via two drive-in doors, and offers 8-foot ceiling clearance. Additionally, there are small sales offices equipped with single-user restrooms. A significant advantage is the inclusion of a remodeled residential unit, complete with a kitchen, full bathroom, living room, and bedrooms on both the main floor and upper level. The partially wooded lot provides privacy and abuts farm ground. This versatile property is ideal for a variety of uses, including a woodworking business, mechanic shop, car lot, or other small business, or redevelopment. The asking price is $150,000. The property's parcel number (APN) is 15-15-32-304-004. This is a rare opportunity to acquire a high-visibility commercial property with significant potential.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
MUNICIPAL · Blue Mound, ILZoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
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