511 E Locust Street

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511 E Locust Street

Chatsworth, IL 60921
Asking Price
Contact for price
Asset Type
Storefront Retail
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Retail storefront available for purchase at 511 E Locust Street
  • Asset is situated in the municipality of Chatsworth Illinois
  • Suitable for small business owners or retail commercial investors
  • Property offers a functional layout for standard retail storefront uses
  • Located within a central area of the Chatsworth community

What's Special

This retail storefront at 511 E Locust Street in Chatsworth, Illinois, is available for sale and presents a functional option for an investor or business owner looking to establish a presence in this community. The property functions well for a variety of traditional retail storefront uses, providing a footprint that suits independent operations or small-scale commercial activities. Chatsworth serves as a quiet, established market in Livingston County, maintaining a consistent pace of life typical of the broader Illinois agricultural and suburban landscape. Its position within the local downtown or main street area provides visibility to local traffic and residents. Prospective buyers will find this asset suitable for businesses requiring ground-level access and proximity to other local service providers. Given the scale of the building, it serves as an efficient candidate for those seeking to relocate an existing business or initiate a new retail venture in a central village location. Investors looking for entry-level assets in the region may find this storefront aligns with their long-term acquisition strategies.

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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

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