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    101 N Don Ryan St Hammond, IL 61929

    For Sale
    $79,000

    Mixed Use - Hammond, IL

    Type:Mixed Use
    Days on Market:
    100
    Last Refresh:
    Dec 5 at 8:06 pm

    Property Features for 101 N Don Ryan St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Mixed Use
    Standard status
    Active
    APN
    07003500008900

    Utilities

    Cooling system
    Multi Units, Window Unit(s)

    Building Details

    Year built
    1982
    Number of units
    1
    Architectural style
    Other

    Keller Williams The Real Estate Center of Illinois, LLC (217) 356-6100 [email protected]

    Listing agent Jennifer McClellan (217) 356-6100 License #475124637

    Listing date Aug 28, 2025

    MLS# 12458129 Listing URL

    Copyright © 2025 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Mixed-Use Property in Hammond, IL

    This mixed-use property in Hammond, IL, presents an investment opportunity with a consistent income stream. The property includes a two-bedroom apartment, currently rented for $700 per month. Additionally, a laundromat on the premises features six washers and six dryers, generating an additional monthly income of $450 to $700. The property benefits from recent updates, including a new furnace, window A/C unit, and a roof installed in 2018, contributing to its long-term value.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Mixed-use properties

    Suggested Use

    Restaurant Spa & Massage Hair Salon Nail Salon Building Supply Accounting Firm Auto Repair Shop Kitchen & Bath Bar & Pub HVAC Service

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Hammond
    County
    Piatt
    State
    Illinois
    Longitude
    -88.590995
    Latitude
    39.801738

    FAQs

    What type of property is this?
    Mixed-use property - Investment opportunity with apartment and laundromat in Hammond, Illinois.
    Where is this mixed-use property located?
    The property is located at 101 N Don Ryan St Hammond, IL.
    What is the asking price?
    The asking price for this property is $79,000.
    What are key features of this property?
    This property features: - Steady income stream from apartment rental and laundromat.; - Laundromat includes six washers and six dryers.; - Apartment currently rented for $700 per month.
    (217) 356-6100
    Request Owner's contact information
    101 N Don Ryan St Hammond, IL 61929
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    Hammond, IL 61929
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    101 N Don Ryan St Hammond, IL 61929
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