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Dow IL Real Estate & Commercial for Sale

The median home value in Dow, IL is $260,000. This is higher than the county median home value of $97,166. The national median home value is $308,980. The average price of homes sold in Dow, IL is $260,000. Approximately 70% of Dow homes are owned, compared to 16% rented, while 14% are vacant. Dow real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you like to see a property, contact Dow real estate agent to arrange a tour today!
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Showing Homes Nearby Dow, IL
Beds:
n/a
Baths:
Sq.Ft.:
9,000
Status:
Active
MLS#:
11962014
Type:
Retail, Business Opportunities
Lot size:
1.65 Acres
Year built:
2018
A broker reciprocity listing Courtesy: L & B All Star Realty Advisors LLC
View additional info

Investor equity buy-in for retail income standalone building. Stable anchor tenant in place, Dollar Tree retail, with 25-year modified gross lease terms. Investor participation portion is 18.93% ownership. The current first period lease net capitalization rate is at 8.27%. Cash investment requirement is $184,750. Retail building is of steel and masonry construction, built in 2018. This is a single occupant building with the rentable area of 9,000 sqft. Building features steel structural framing, exterior walls of concrete block and steel, with central HVAC, fire suppression and alarm system. Building sits on a parcel of 1.66 acres. The site has 48 surface parking spaces. Accessibility is by US Route 67, which is a major arterial. This Dollar Tree retail resides on the southern most portion of Jerseyville, off a major access road of US Route 67. The City of Jerseyville, has a population approaching 8,000 residents, with a median household income of $63,200. Jerseyville is located in Jersey County IL, 50 miles north of St. Louis.

Listings courtesy of MRED as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 4/18/2024. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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