Wahl St Morrisonville, IL 62546
Any permitted use in the C-2 Service Retail District. Liquor stores. 1-5-39 - 1-5-40 RESERVED. 59 DIVISION V - COMMERCIAL SERVICE RETAIL (C-2) DISTRICT 1-5-41 PREAMBLE. The purpose of the C -2 Service Retail District is to provide for those retail businesses and services which require a location other than in the central business district being either highwa…
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
Property description
Physical attributes from public recordsZoning & alternative use
C-2 · Morrisonville, ILAny permitted use in the C-2 Service Retail District. Liquor stores. 1-5-39 - 1-5-40 RESERVED. 59 DIVISION V - COMMERCIAL SERVICE RETAIL (C-2) DISTRICT 1-5-41 PREAMBLE. The purpose of the C -2 Service Retail District is to provide for those retail businesses and services which require a location other than in the central business district being either highway oriented, requiring larger tracts of land not normally available in the central business district, or to provide local neighborhood retail shopping facilities to that residential area immediately adjacent. 1-5-42 PERMITTED USES. The following uses shall be permitted in the C- 2 Service Retail District. Any use permitted in the C-1 General Retail District. The following uses: Animal pounds Auction rooms and houses Bowling alleys Building materials Bulk sales Car washes Commercial bakers (not more than 50% of floor space devoted to processing) Concrete sales Dance halls (not including adult entertainment facilities) Diaper supply services Dairies Dry cleaning plants Drive-in restaurants and refreshment stands Drive-in theaters Electrical appliance and fixtures - sales, service and repair Electrical sales and supply Express cartage and trucking facilities Extermination shops Farm implement sales Feed stores Greenhouses - wholesale and retail Heating sales and supply Heliport Hotels and motels Individual Wind Generation Turbines (See Section 1-6-31) Kennels Large item machinery sales (storage cannot be outdoors unfenced) Laundry plants Light food processing 60 Linen and towel supply services Masonry sales and supply Meat markets including the sale of meats and meat products to restaurants, clubs and other establishments Medical or dental laboratories Mobile and model home displays, also garage displays Monument sales Parcel delivery stations Pawn shops Pet shops Plumbing sales and supply Pool halls Radio and television sales and repair shops Rehabilitation centers Second hand storage and rummage shops Sheet metal sales and supply Skating rinks (indoors) Stadiums, auditoriums or arenas (open or enclosed) Swimming pools (indoors) Taxidermist Theaters Trailer sales or retail for use with private passenger motor vehicles Vending machines, ice and milk sales Veterinary establishments 1-5-43 SPECIAL USES. The following uses may be permitted in the ―C-2‖ District only upon the issuance of a special use permit in accordance with the provisions of
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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.