802 4th St, Dekalb, IL 60115-4410
This exceptional 2,550 square foot retail property, located at 802 S 4th St in DeKalb, Illinois, presents a remarkable investment opportunity. Situated on a 0.45-acre lot (APN 0826191009) at a high-traffic intersection boasting 16,000 cars daily, this single-story building offers unparalleled visibility and accessibility. The property is zoned GC and features 18 parking spaces and an existing illuminated sign, minimizing start-up costs. Previously occupied by a convenience store, the versatile space is ideal for a variety of uses, including a new convenience store, butcher shop, retail store, professional office, or even a restaurant with potential drive-thru capabilities. The building and parking lot are meticulously maintained, ensuring a move-in ready condition. The asking price is $375,000, and the lease type is NNN. The property is currently vacant, offering immediate occupancy. This is a rare opportunity to acquire a well-maintained, high-visibility retail space in a thriving DeKalb location. Don't miss out on this chance to establish your business in a prime commercial area.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
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.