6120 Godfrey Rd, Godfrey, IL 62035-2407
This exceptional commercial property at 6120 Godfrey Road in Godfrey, Illinois, presents a fantastic investment opportunity. Situated on a 0.14-acre lot, this building offers a prime location on a high-traffic road, ensuring excellent visibility and accessibility for your business. The interior was thoughtfully converted into an office space in 2015, providing a functional and modern layout. Recent upgrades significantly enhance the property's value and appeal. A new roof was installed in 2022, providing long-term protection and peace of mind. The reception area boasts new vinyl flooring installed in 2020, creating a welcoming and professional atmosphere. Exterior improvements include new siding added in 2023, further enhancing curb appeal and property longevity. A new furnace, installed in 2023, ensures efficient and reliable heating. The building also features newer windows, contributing to energy efficiency and a comfortable interior environment. Two bathrooms, installed to code, provide ample facilities for employees and clients. The property includes a full basement and an upper level, offering substantial additional space for storage or expansion, maximizing the potential of this versatile commercial building. Priced at $80,000, this property represents an outstanding value in a desirable location.
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
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
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.