5th St Morrisonville, IL 62546
DIVISION IV - GENERAL RETAIL (C-1) DISTRICT 1-5-36 PREAMBLE. The purpose of the C -1 General Retail District is to provide for a wide range of retail facilities and services of such a nature as to be fully compatible in the proximity they must enjoy in the central business district of a city, village or unincorporated village. 1-5-37 PERMITTED USES. The foll…
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
Property description
Physical attributes from public recordsZoning & alternative use
C-1 · Morrisonville, ILDIVISION IV - GENERAL RETAIL (C-1) DISTRICT 1-5-36 PREAMBLE. The purpose of the C -1 General Retail District is to provide for a wide range of retail facilities and services of such a nature as to be fully compatible in the proximity they must enjoy in the central business district of a city, village or unincorporated village. 1-5-37 PERMITTED USES. The following uses shall be permitted in the C- 1 General Retail District. Any use permitted in the R-1 and R-2 Districts. Major retail outlets including but not limited to: Appliances Hardware Carpets and rugs Paint Clothing Shoe Department Wallpaper Furniture Variety Food, drug and beverage including but not limited to: Bakery in conjunction with retail sales Restaurants Candy and ice cream shops Supermarkets Drug Taverns Frozen food lockers Tea rooms Grocery Tobacco shops Meat markets Specialty shops including but not limited to: Art supply Leather goods Book Magazines and newsstands Camera and photography Musical instruments - sales and repair China and glassware Optical - sales and repair Coin and stamp Picture framing Craft and hobby School supply Florists Sewing machines - sales and service Furriers Sporting goods Gift shops Stationery outlets Interior decorating Toy shops Jewelry Service and recreation including but not limited to: Barber and beauty shops Catering establishments Dry cleaners and laundry pickup stations Laundromats Locksmiths 58 Mortuaries Places for family amusement and assembly Printing shop with not more than 10 employees Shoe repair Tailors Business and professional offices including but not limited to: Banks, credit unions Law offices Chiropractic offices and clinics Medical offices and clinics Dental offices and clinics Real estate Finance and investment Travel, transportation and ticket offices Insurance Utility companies Automotive and related uses: Bicycle shops Car sales - new and used Boats - sales and service Gasoline filling stations Bus stands and depots Motorcycle shops Cab stands Repair and service motor vehicles Civic and religious: Art galleries Museums Business schools Parks Cemeteries Playgrounds Churches Public services Community centers Schools Libraries Utility buildings Child care - licensed by State of Illinois: Day care centers Pre-school centers Nursery schools Miscellaneous activities: Ambulance service Parking lots and storage garages Antiques Post offices Clubs or lodges (private) Storage facilities for individual use Garden supply and seed stores Lodging houses (not more than 5 rooms) Business and advertising signs as permitted in Article VII.
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.