1000 Illinois StSidney, NE 69162

Property Details for 1000 Illinois St

Year built

1908

Construction

CONCRETE

Lot size

0.06 AC

Property size (Sq ft)

1,200 SF

Zone code

03-COMMERCIAL

Property type

Turn key restaurants

APN

170055043

APU

170055043

Description

Exceptional investment opportunity in Sidney, Nebraska. This property boasts 2,431 square feet of office space, strategically located at the corner of 10th and Illinois Streets. The main level features two street-facing storefronts, previously used as a restaurant, showcasing high ceilings with tin tiles, hardwood floors, and a half-bathroom. Noteworthy features include solar panels installed in 2019. The second storefront offers potential for various uses, such as a cafe or additional office space. A second-story apartment, accessible from the street, provides additional income potential or flexible space. The apartment includes two bedrooms with closets, and five additional rooms adaptable to bedrooms or office space. Recent updates include new windows throughout the second floor, updated laminate flooring and paint in two rooms, and a remodeled walk-in shower with marble-look tile. The total building size is over 4,200 square feet. Asking price is $225,000.

• CAP approach

  CAP return

  Valuation

  6%

  $331,095

  6.5%

  $305,627

  7%

  $283,796

• Comparable approach

  Method

  Valuation

  Relative Method

  $593,214

  Geo Method

  $249,843

• Alternative Use

  Use

  Valuation

  Residential

  $257,807

  Hospitality

  $236,150

  Educational

  $196,474

  Medical

  $203,231

  Retail

  $305,627

Location Insight

City

Sidney

County

Cheyenne

State

Nebraska

Latitude

41.145

Longitude

-102.977

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].