601 7th St, Wyoming, IL 61491-1353
This exceptional investment opportunity presents a single-tenant, net-leased Dollar General storefront located at 601 S 7th St, Wyoming, IL 61491. The property boasts 9,014 square feet of net rentable space situated on a 1.15-acre lot, zoned C-1. Built in 2009, this Class B building enjoys a 100% occupancy rate with a credit-rated tenant under a lease commencing December 21, 2009, and expiring November 30, 2029. The current lease has approximately 5 years remaining, with three lease options available. The property generates a strong net operating income (NOI) of $76,234, resulting in an attractive 7.50% cap rate. This strategically located storefront offers excellent visibility and ample parking, making it an ideal investment for discerning buyers seeking a stable, high-return asset. The property's APN is 07-01-109-021. This is a rare opportunity to acquire a well-performing, investment-grade property in a desirable location. The asking price is $1,016,320.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
C-1 COMMERCIAL · Wyoming, ILWyoming. Always verify with local authorities before improvements.
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.