For Sale
$690,000

312 Plaza Park Chillicothe, IL 61523

10,600 SF Flex Space, High Traffic Area

Overview

Added:
Dec 11, 2024
Days on market:
133
This exceptional 10,600 square foot mixed-use building, situated on a 0.65-acre lot in Chillicothe, Illinois, presents a compelling investment opportunity. The single-story, Class B property, built in 1970, boasts a prime location directly on Route 29, a proven retail corridor with high daily traffic counts (15,750 CPD on IL Route 29 and 4,550 CPD on Cloverdale Road). The flexible layout, encompassing 100' x 106' of space, is divisible to suit various tenant needs. The property features dual front entrance doors with an open window format for optimal visibility, and rear double loading doors for convenient access. A significant advantage is the inclusion of a 4,774 square foot basement area, accessible via a freight elevator, offering ample storage or additional usable space. The property is zoned C2 and benefits from proximity to established businesses such as Kroger, CVS, Dollar Tree, McDonald's, Hardee's, and Subway. The asking price is $690,000 ($65.09 per square foot). The advertised rate is for an "as-is" deal, with tenant improvements and other incentives available. This property is ideal for investors seeking a strong return in a thriving retail environment. The address is 312 S Plaza Park, Chillicothe, IL 61523.

Highlights

  • $690,000 asking price for a 10,600 square foot building.
  • 10,600 square feet, divisible, with a 4,774 square foot basement and freight elevator.
  • Located on Route 29 in Chillicothe, IL, a proven retail corridor with high traffic counts.
  • Features dual front entrances, open windows for high visibility, and rear double loading doors.
  • Situated near major retailers including Kroger, CVS, and others.
  • 1970 construction, Class B, single-story building on a 0.65-acre lot.

Property Details for 312 Plaza Park

Property type
Retail properties, Office properties
Square Feet
10,600 SF
Class
B
Year Built
1970
Buildings
1
Stories
1
Lot Size (sq. ft)
28,314 SF
Units
1

Location Insight

City
Chillicothe
County
Peoria
State
Illinois
Latitude
40.904287631105
Longitude
-89.494095788763

FAQs

What type of property is this?
Retail property - 10,600 SF Flex Space, High Traffic Area
Where is the retail property located?
The property is located at 312 Plaza Park Chillicothe, IL.
What is the asking price?
The asking price for this property is $690,000.
What are key features of this property?
This property features: $690,000 asking price for a 10,600 square foot building.; 10,600 square feet, divisible, with a 4,774 square foot basement and freight elevator.; Located on Route 29 in Chillicothe, IL, a proven retail corridor with high traffic counts.
How can I contact the broker?
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312 Plaza Park
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