1212 Walnut StBreese, IL 62230

  • Commercial real estate
  • 2,464 SF
For Sale
$525,000 View listing

Property Details for 1212 Walnut St

Year built
1966
Construction
TYPE NOT SPECIFIED
Lot size
0.40 AC
Property size (Sq ft)
2,464 SF
Zone code
51
Property type
Commercial real estate
APN
06-06-15-202-002
APU
60615202002

Description

This exceptional commercial property in Breese, Illinois, presents a unique investment opportunity. Strategically located on a busy highway, it ensures high visibility and accessibility for any business. The 0.51-acre lot encompasses two parcels, providing ample space for parking and future expansion. The main structure is a 1,232 square foot office building, complete with a full basement, a fully equipped kitchen, and two and a half bathrooms. This provides comfortable and functional office space. In addition to the office building, a substantial 2,800 square foot garage is available. This garage features all-concrete flooring, four overhead doors, a dedicated office, and a bathroom, offering versatile usage options for storage, workshops, or additional business operations. The combination of office space and expansive garage provides a unique blend of functionality. The property's prime location, combined with its substantial size and versatile layout, makes it an ideal choice for a wide range of commercial ventures. The easy highway access ensures convenient commutes for employees and customers alike. This property offers a compelling opportunity for businesses seeking a prominent and functional space in a high-traffic area. The asking price is $525,000.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $689,125
    Hospitality
    $631,234
    Educational
    $525,180
    Medical
    $543,241
    Retail
    $816,946

Location Insight

City
Breese
County
Clinton
State
Illinois
Latitude
38.6196
Longitude
-89.5255
CBSA code
41180
CBSA name
ST. LOUIS, MO-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
2022
$3,850
$12,210
$40,350
$52,560
-
$36,630
$121,050
$157,680

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