102 E Cemetery Avenue

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102 E Cemetery Avenue

Chenoa, IL 61726
Asking Price
Contact for price
Asset Type
Mixed-use
Class
Class B

AI Property Summary

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

  • Versatile mixed-use property located in Chenoa, Illinois
  • Asset is situated at 102 E Cemetery Avenue
  • Property supports both commercial and residential use cases
  • Beneficial access to Interstate 55 transportation corridors
  • Stable regional market near the Bloomington-Normal metropolitan area

What's Special

Investors seeking a flexible asset in Central Illinois will find potential in this mixed-use property at 102 E Cemetery Avenue in Chenoa. The layout supports a combination of residential and commercial operations, catering to tenants or business owners looking for a foothold in a growing market within the Bloomington-Normal metropolitan orbit. Chenoa maintains a steady pace of activity, supported by regional logistics and proximity to key transportation corridors like Interstate 55 that connect this region to larger industrial and commercial hubs. This property provides the infrastructure necessary for an owner-occupant or an investor looking to diversify their portfolio with a versatile, multi-purpose space. With its strategic location, the site is well-positioned for businesses requiring localized exposure or residential units serving the local workforce. Prospective buyers can leverage the existing footprint to capitalize on the ongoing demand for combined live-work environments in smaller, accessible Illinois communities.

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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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