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994 U.S. 51 11,350 SF Retail Building Forsyth, IL 62535 $2,432,000 ($214.27/SF) 7% Cap Rate

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PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
11,350 SF
Building Class
C
Year Built
2024
Price
$2,432,000
Price Per SF
$214.27
Cap Rate
7%
NOI
$170,240
Tenancy
Single
Building Height
1 Story
Building FAR
0.17
Lot Size
1.49 AC
Zoning
MUNICIPAL
Frontage
137’ on U.S. 51

AMENITIES

  • Signage
  • Wheelchair Accessible
  • Air Conditioning

NEARBY MAJOR RETAILERS

Texas Roadhouse
Red Lobster
First Mid Bank
O'Charley's
Buffalo Wild Wings
Steak ‘n Shake
Mcalister's Deli
Cracker Barrel Old Country Store

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
07-07-14-351-006
Land Assessment
$438,452
Improvements Assessment
$187,069
Total Assessment
$625,521
  • Listing ID: 36080136

  • Date on Market: 6/2/2025

  • Last Updated:

  • Address: 994 U.S. 51, Forsyth, IL 62535

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