605 Southline RdTuscola, IL 61953

Property Details for 605 Southline Rd

Year built

1976

Lot size

1.15 AC

Property size (Sq ft)

26,654 SF

Property type

Commercial real estate

APN

09-08-02-100-00800

APU

9080210000800

Description

This exceptional 37,619-square-foot retail property, located at 605 E Southline Rd in Tuscola, Illinois (zip code 61953), presents a unique investment opportunity. Formerly a thriving IGA grocery store, this single-story building offers a flexible layout suitable for multiple users. The property boasts a prominent location on Route 36/Southline Road, ensuring high visibility and easy access. With ample parking (430 spaces) and over 4 acres of land, this offering includes two parcels. The main building features open retail space in the front and shipping/receiving areas in the rear with two overhead dock doors. A 3,840-square-foot warehouse, currently divided into three storage units, is situated behind the main structure. The property is zoned B-1, Highway Business District, and was built in 1976. The asking price is $1,500,000, with a price per square foot of $39.87. The lease type is NNN, and the property is currently vacant. This property offers significant potential for a variety of retail businesses seeking a high-traffic location with excellent visibility and ample parking. The property's size and layout provide flexibility for various retail concepts. Its location near interstate access further enhances its appeal. This is a rare opportunity to acquire a well-maintained, substantial retail space in a desirable location.

• Alternative Use

  Use

  Valuation

  Residential

  $9,804,588

  Hospitality

  $8,980,950

  Educational

  $7,472,044

  Medical

  $7,729,020

  Retail

  $11,623,180

Location Insight

City

Tuscola

County

Douglas

State

Illinois

Latitude

39.7907

Longitude

-88.2792

Property Tax & Assessments

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