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Property profile & analytics
OFF-MARKET
Office Units

605 Ramona Ter Machesney Park, IL 61115

1,449 SF Built 1965
Property ID
US28-2291504
Property summary
AI-generated overview

This single-story, 1,449-square-foot mixed-use building in Machesney Park, Illinois, presents a compelling investment opportunity. Located at 605 Ramona Terrace, this Class C property, built in 1965, sits on a generous 20,299-square-foot lot, offering ample parking and potential for expansion. The building is zoned for commercial use and features a flexible layout suitable for various businesses, including auto shops, creative offices, or traditional office spaces. The interior comprises two main offices and an open conference room, providing adaptability to diverse operational needs. The property's convenient location offers easy access to major roadways and local amenities. With one unit and a single building, this property is ideal for a small business seeking a functional space with room for growth. The ample land provides opportunities to expand the existing building or develop outdoor amenities. The asking price is $100,000, and the APN is 0831352013. This is a rare opportunity to acquire a versatile commercial property in a desirable location at an attractive price point.

Property profile
Verified
Property type Office Units
Year built 1965
Total area 1,449 SF
APN 0831352013
UPID US28-2291504
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
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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