Property profile

600 Main St Sparta, IL 62286

OFF-MARKET
Commercial real estate
Property ID
US28-3655999
0.41 ac lot
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Property summary

AI-generated overview

This exceptional 1452-square-foot commercial property, situated on a prominent 0.41-acre corner lot in Sparta, Illinois, presents a remarkable opportunity for a variety of uses. Currently configured as a church, the building boasts a spacious entrance hallway, separate men's and women's restrooms, a sizable open reception/meeting area, a functional kitchen, ample storage rooms, and a small office space. The main sanctuary area is generously sized and adaptable to various needs. The exterior features a striking rock faГ§ade, enhancing its curb appeal. The property benefits from two functioning gas furnaces (one in the front and one in the rear) ensuring efficient heating. The front entrance features a newly replaced metal roof, while the remainder of the roof is approximately 10 years old. This property is priced affordably at $49,500, offering significant potential for a relatively low investment. Its versatile layout and central location make it ideal for a range of businesses, including but not limited to, a childcare facility, service-oriented businesses, or even a continued use as a place of worship. With a little tender loving care, this property can be transformed into a thriving enterprise. The ample space and convenient location make this a truly compelling opportunity. Don't miss out on this chance to acquire a substantial property at an exceptional price.

Property profile

Verified
Property type Commercial real estate
Lot 0.41 ac (17,860 SF)
UPID US28-3655999

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
  • Church

Location

600 Main St Sparta, IL 62286
Sparta metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

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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