2051 Main StCanton, IL 61520

  • Commercial real estate
  • 4.00 AC
For Sale
$2,000,000 View listing

Property Details for 2051 Main St

Lot size
4.00 AC
Property type
Commercial real estate
APN
09-08-15-204-003
APU
90815204003

Description

This exceptional Canton, IL commercial property presents a lucrative investment opportunity. The 19,300-square-foot building, situated on a 4.03-acre lot at a high-traffic intersection (over 8100 vehicles daily), is currently operating as a successful auto center. The property features a 2,500-square-foot showroom with multiple offices and a parts department, complemented by a 16,800-square-foot service shop boasting five large overhead doors and in-floor drains. The building benefits from high ceilings and three-phase power, ideal for automotive or similar uses. The property is zoned B2 and its location on North Main Street (Highway 78) and Cypress Road ensures excellent visibility and accessibility. The asking price is $2,000,000, translating to $103.63 per square foot. This well-maintained property offers significant potential for continued success in its current configuration or adaptation to other compatible businesses. The property's size, location, and existing infrastructure make it an attractive investment for a variety of commercial ventures. The Fulton County location and APN 09-08-15-204-003 provide further identification. This is a rare opportunity to acquire a substantial commercial property in a prime location with proven success.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $53,357,880
    Hospitality
    $48,875,528
    Educational
    $40,663,868
    Medical
    $42,062,360
    Retail
    $63,254,904
2051 Main St, Canton, Illinois

Location Insight

City
Canton
County
Fulton
State
Illinois
Latitude
40.5903
Longitude
-90.0349
CBSA code
37900
CBSA name
PEORIA, IL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$16,984
$43,250
$129,210
$172,460
-
$129,750
$387,630
$517,380

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