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Executive Summary

This 37,619 SF building formerly functioned as the local IGA grocery and is available for lease. Majority of the primary store is allocated to open retail in the front with shipping and receiving services in the rear of the building with two overhead dock doors. The subject property has been well-maintained and features over 400 parking spaces and ample electrical service.
The full sale offering consists of two parcels totaling over 4 acres and includes the original IGA building as well as the 5,000 SF endcap. There is an additional 3,840 SF warehouse behind the primary IGA structure that is currently divided into 3 storage units.

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Supermarket
Building Size
37,619 SF
Building Class
C
Year Built
1976
Price
$990,000
Price Per SF
$26.32
Percent Leased
Vacant
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.22
Lot Size
4.00 AC
Zoning
B-1 - Highway Business District
Parking
52 Spaces (11.43 Spaces per 1,000 SF Leased)
Frontage
143’ on South Meadowview Drive

Amenities

  • Pylon Sign

Major Tenants

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease End
  • Health Care and Social Assistance
  • -
  • -
  • -

ATI Physical Therapy is a rehabilitation provider founded in 1996 and headquartered in Illinois. The company delivers research-based physical therapy, workers’ compensation rehabilitation, sports medicine, and specialized therapies supported by clinical data and standardized care processes. Its services include treatment for musculoskeletal conditions and employer-focused worksite solutions. ATI operates on a single-branded platform offering in-clinic, online, and hybrid physical therapy, supported by outcomes from millions of patient cases. The organization is publicly held and maintains a focus on integrated care models designed to improve functionality and mobility across diverse patient needs.

  • Finance and Insurance
  • -
  • -
  • -

COUNTRY Financial is a privately held insurance and financial services company founded in 1925. Headquartered in Bloomington, Illinois, the company originated from a group of Illinois Agricultural Association members who aimed to provide fire and lightning insurance to farmers. Over the decades, COUNTRY Financial expanded its offerings to include auto, home, life, farm, and commercial insurance, as well as retirement planning and investment management. The company operates in 19 states and serves over one million households and businesses. COUNTRY Financial is not publicly traded and remains privately held.

  • Retailer
  • -
  • -
  • -

IGA, originally known as the Independent Grocers Alliance, was founded in 1926 and operates as a network of independently owned grocery stores under a common brand. The organization provides its members with marketing support, private-label products, and operational resources to help them compete with larger chains while maintaining local ownership. IGA’s model emphasizes community-based retailing, allowing store owners to tailor offerings to local preferences while benefiting from shared branding and supply chain efficiencies. The company also offers training programs, digital marketing tools, and merchandising strategies to enhance store performance. With a presence in multiple countries, IGA supports thousands of locations worldwide, making it one of the most recognized names in independent grocery retailing. The company is privately held.

Tenant Industry SF Occupied Rent/SF Lease End
Health Care and Social Assistance - - -
Finance and Insurance - - -
Retailer - - -

Space Availability

  • Space
  • Size
  • Space Use
  • Position
  • Available
  • 1st Floor
  • 32,619 SF
  • Retail
  • -
  • Now

This 37,619 SF building formerly functioned as the local IGA grocery and is available for lease. Majority of the primary store is allocated to open retail in the front with shipping and receiving services in the rear of the building with two overhead dock doors. The subject property has been well-maintained and features over 400 parking spaces and ample electrical service. The full sale offering consists of two parcels totaling over 4 acres and includes the original IGA building as well as the 5,000 SF endcap. There is an additional 3,840 SF warehouse behind the primary IGA structure that is currently divided into 3 storage units.

Space Size Space Use Position Available
1st Floor 32,619 SF Retail - Now

1st Floor

Size
32,619 SF
Space Use
Retail
Position
-
Available
Now

1st Floor

Size 32,619 SF
Space Use Retail
Position -
Available Now

This 37,619 SF building formerly functioned as the local IGA grocery and is available for lease. Majority of the primary store is allocated to open retail in the front with shipping and receiving services in the rear of the building with two overhead dock doors. The subject property has been well-maintained and features over 400 parking spaces and ample electrical service. The full sale offering consists of two parcels totaling over 4 acres and includes the original IGA building as well as the 5,000 SF endcap. There is an additional 3,840 SF warehouse behind the primary IGA structure that is currently divided into 3 storage units.

Fairly walkable
40/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100

Nearby Major Retailers

First Mid Bank
Scooter's Coffeehouse
The Pantry

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 09-08-02-100-008
  • 09-08-02-100-007
Land Assessment
$153,442
Improvements Assessment
$418,281
Total Assessment
$571,723
  • Listing ID: 40283763

  • Date on Market: 4/24/2026

  • Last Updated:

  • Address: 605 E Southline Rd, Tuscola, IL 61953

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