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1601 N Market St 3,000 SF Retail Building Sparta, IL 62286 $159,881 CAD ($53.29 CAD/SF)
Investment Highlights
- High traffic exposure
- Flexible layout
- Ideal for offices, studios, shared workspaces & more
Executive Summary
Unlock the potential of this versatile 0.43-acre commercial lot featuring high visibility and convenient highway frontage. Its prime location ensures excellent traffic exposure and easy customer or client access, making it a standout choice for professional office space. Whether you're launching a new firm, expanding your practice, or establishing a satellite location, this site offers exceptional visibility and flexibility. With potential for modern office layouts, shared workspaces, a salon, studio, or even boutique retail, the property adapts to a wide range of commercial uses. The layout is flexible and well-positioned to support a professional, creative, or service-oriented business. This is a valuable opportunity for entrepreneurs and investors seeking a highly visible, easily accessible site to grow their business footprint.
Taxes & Operating Expenses (Actual - 2023) Click Here to Access |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
Taxes & Operating Expenses (Actual - 2023) Click Here to Access
| Taxes (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Sale Type
Owner User
Property Type
Retail
Property Subtype
Building Size
3,000 SF
Year Built/Renovated
1984/2005
Price
$159,881 CAD
Price Per SF
$53.29 CAD
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.16
Lot Size
0.43 AC
Opportunity Zone
Yes
Zoning
Commercial
Parking
40 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
90’ on Market St
Amenities
- Wheelchair Accessible
Somewhat walkable
30/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | 19-149-015-00 | Total Assessment | $57,039 CAD (2024) |
| Land Assessment | $17,050 CAD (2024) | Annual Taxes | -$1 CAD ($0.00 CAD/SF) |
| Improvements Assessment | $39,989 CAD (2024) | Tax Year | 2023 Payable 2024 |
Property Taxes
Parcel Number
19-149-015-00
Land Assessment
$17,050 CAD (2024)
Improvements Assessment
$39,989 CAD (2024)
Total Assessment
$57,039 CAD (2024)
Annual Taxes
-$1 CAD ($0.00 CAD/SF)
Tax Year
2023 Payable 2024
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1601 N Market St
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