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    Property profile & analytics
    OFF-MARKET
    Commercial real estate

    6120 Godfrey Rd, Godfrey, IL 62035-2407

    1,652 SF 0.14 ac lot Built 1968
    Trust Owned 7-yr Hold Absentee Owner ~ Est. High Equity
    Property ID
    US28-1919604
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Commercial real estate
    Use group COMMERCIAL (GENERAL)
    Year built 1968
    Total area 1,652 SF
    Lot 0.14 ac (6,098 SF)
    APN 24-1-01-23-03-301-015
    UPID US28-1919604
    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
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
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    Owner & transaction history
    Kreitner,edward J Trust · 7 yrs held
    Kreitner,edward J Trust
    since 2019
    7 recorded transactions
    2019
    2009
    1969
    1969
    1969
    1969
    1969
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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