CRE Admin

Athens, IL Commercial Investment Properties for Sale

Explore commercial real estate investment properties for sale in Athens, Illinois Market population: 118K. Browse multifamily, office, retail, industrial, and mixed-use investment opportunities....

Advertisement
Cap Rate: Medium NOI: Any Tax Rate: Any Price: Any Size: Any
Clear All
No exact matches found. Showing similar properties in Illinois.
1 properties found
REI Capital advisor
Investor Pitch Deck

Don’t just search properties. See why investors choose REI Capital.

Before you compare every deal alone, download the REI Capital investment pitch and see our growth story, strategy, and next-step materials.

REI Capital advisor
⭐ Featured

Investment Opportunity in La Grange Park, IL

$1,190,000
La Grange Park Multifamily

This multifamily apartment property located in La Grange Park, IL, presents a compelling investment opportunity for real...

Cap Rate 7.68%
NOI $91,392
Size 5,200 SF

πŸ“Š Average Cap Rate For Athens GA Properties: 7.68%

πŸ“Š Avg Property Tax Rate For Athens GA Properties: 0.0000%

πŸ“Š Average Income For Athens GA Commercial Property: $32,853

Investor Questions For Athens GA

Common questions from investors exploring commercial real estate in Athens GA.

What's the overall investment outlook for Athens-Clarke County, considering its demographic and economic indicators? +
The 31.5% poverty rate combined with an 85.7% health insurance coverage rate suggests a challenging yet stable market, while the $32,853 median household income and 19-minute average commute time indicate a relatively affordable and convenient location for renters, with top industries like Construction and Public Administration driving local employment.
How does the city's ethnic diversity and industry mix impact market demand for real estate investors? +
The city's diverse population, comprising 37.2% White, 32.8% White Non-Hispanic, and 17.2% Black residents, contributes to a vibrant market, and the presence of top industries like Construction, Public Administration, and Wholesale Trade suggests a strong demand for housing, particularly for workers in these sectors, with a relatively high median property value of $156,700.
What are the implications of the city's poverty rate and health insurance coverage for tenant quality and rental yields? +
The 31.5% poverty rate may pose challenges for tenant quality, but the 85.7% health insurance coverage rate and $32,853 median household income suggest a working-class market with some employment stability, which can contribute to relatively stable rental yields, especially considering the 19-minute average commute time and 40% homeownership rate.
How do the city's commute times, health insurance coverage, and industry mix contribute to market stability for real estate investors? +
The 19-minute average commute time, 85.7% health insurance coverage rate, and top industries like Construction and Public Administration indicate a relatively stable market, with convenient access to employment opportunities and a social safety net, which can contribute to lower vacancy rates and more reliable rental income for investors, despite the challenges posed by the 31.5% poverty rate.
What's the potential for long-term appreciation in property values, given the city's demographic and economic trends? +
The city's median property value of $156,700, combined with its 40% homeownership rate, 19-minute average commute time, and top industries like Construction and Public Administration, suggests potential for long-term appreciation, particularly if the city's poverty rate and health insurance coverage rate continue to stabilize, and the local economy continues to diversify and grow, driven by its diverse population and industry mix.

Athens GA Real Estate & City Facts

Key facts and real estate information about Athens GA.

What are some of the best neighborhoods to live in Athens? +
Some of the best neighborhoods to live in Athens include Five Points, Normaltown, Downtown Athens, South Athens, and the Boulevard/Broad Street Area. These neighborhoods offer a mix of historic homes, trendy bars and restaurants, and easy access to the University of Georgia. For example, Five Points is known for its charming homes and family-friendly atmosphere, while Normaltown is a popular spot for young professionals and students. Downtown Athens is great for those who want to be in the heart of the action, with plenty of restaurants, bars, and music venues to choose from.
What are some fun things to do in Athens? +
There are plenty of fun things to do in Athens, including visiting the State Botanical Garden of Georgia, exploring the Georgia Museum of Art, and catching a show at one of the many music venues in town. You can also take a stroll through the beautiful parks and trails, such as Sandy Creek Park or the Oconee River Greenway Trail. If you're looking for something more low-key, you can grab a bite to eat at one of the many great restaurants in town, like Mama's Boy or The National. And of course, no trip to Athens would be complete without a visit to the University of Georgia campus, where you can check out the beautiful architecture and historic landmarks like the Old College Building.
What is the food scene like in Athens? +
The food scene in Athens is thriving, with a wide range of options to suit every taste and budget. From trendy restaurants like The National and Seabear Oyster Bar, to classic Athens institutions like Mama's Boy and Last Resort Grill, there's something for everyone. There are also plenty of great food trucks and cafes, like Bruxie and Ben & Jerry's Scoop Shop, where you can grab a quick bite on the go. And if you're looking for something a little more adventurous, you can try one of the many international restaurants in town, like Puma Yu's or Donderos' Kitchen.
What are the pros and cons of living in Athens? +
One of the biggest pros of living in Athens is the vibrant music and arts scene, with plenty of opportunities to see live music and check out local art galleries. The town also has a great sense of community, with many residents who are passionate about supporting local businesses and causes. However, one of the cons of living in Athens is the traffic, which can be heavy at times, especially during football season. Additionally, the summer heat and humidity can be intense, and some areas of town can be a bit rough around the edges. Overall, though, Athens is a great place to live, with a unique blend of small-town charm and big-city amenities.
Is Athens a good place to live? +
Overall, Athens is a great place to live, with a unique blend of small-town charm and big-city amenities. The town has a vibrant music and arts scene, a strong sense of community, and plenty of opportunities to get involved and make a difference. While there are some drawbacks, like traffic and summer heat, the pros definitely outweigh the cons. Whether you're a student, a young professional, or a family, Athens has something to offer, from trendy neighborhoods and restaurants to beautiful parks and outdoor spaces. So if you're thinking of making the move to Athens, I would definitely say go for it - you won't be disappointed!
Advertisement