400 E. Jourdan

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400 E. Jourdan

Newton, IL 62448
Asking Price
$1.40M
Asset Type
Storefront Retail
Class
Class B

AI Property Summary

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

  • Retail storefront available for purchase in Newton, Illinois.
  • Property features a total area of 1,290 square feet.
  • Asking price for the commercial asset is 1,400,000 dollars.
  • Located at 400 E. Jourdan with high accessibility.
  • Well-suited for boutique commerce or local service business operations.

What's Special

Retail storefront operations find a stable foundation at 400 E. Jourdan in Newton, Illinois. This 1,290-square-foot retail asset serves as a functional space for small-scale commerce or service-oriented businesses aiming to establish a presence within this Jasper County community. Newton acts as a central hub for the surrounding agricultural and industrial region, benefiting from consistent local traffic and a steady customer base drawn from the town's primary retail corridors. The property's layout allows for flexible interior configurations suited to various boutique retail concepts or professional service providers. Investors and owner-occupiers alike will find the scale of this building manageable, providing an entry point into the local market with predictable utility for day-to-day operations. Its positioning on a prominent street ensures visibility to residents and regional commuters passing through this quintessential Midwestern county seat.

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NOI
$80,000
Cap Rate
5.71%
DSCR
0.96
Underwater
Cash-on-Cash
-0.74%
Monthly Payment
$6,926.436
Annual Cash Flow
$-3,117.234

Location & Travel Times