You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
Back to Search
Property profile & analytics
OFF-MARKET
Commercial real estate

540 Hanover St New Baden, IL 62265

0.74 ac lot
Property ID
US28-5789383
Property summary
AI-generated overview

This exceptional 0.74-acre commercial lot presents a unique investment opportunity in the thriving town of New Baden, Illinois. Located at 540 W Hanover St, this property boasts a highly desirable location at the corner of Highway 161 and Weatherholt, offering excellent visibility and accessibility. Its proximity to Interstate 64 (less than half a mile away on the west side of New Baden) ensures convenient access for customers and employees. The lot is zoned for Commercial Business use and includes all necessary utilities, simplifying the development process. The asking price is $115,000, translating to a land value of $3.57 per square foot. The property's APN is 10-13.0-207-003. This strategic location and readily available utilities make this a prime site for a variety of commercial ventures. Don't miss this chance to secure a valuable piece of commercial real estate in a growing community. Act quickly, as opportunities like this are rare.

Property profile
Verified
Property type Commercial real estate
Lot 0.74 ac (32,234 SF)
APN 10-13.0-207-003
UPID US28-5789383
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 540 Hanover St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message