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    2-4 Front St Newark, IL 60541

    For Sale
    $320,000

    Mixed Use - Newark, IL

    Type:Mixed Use
    Property size:
    4,120 SF
    Days on Market:
    156
    Last Refresh:
    Dec 13 at 11:06 am

    Property Features for 2-4 Front St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Mixed Use
    Standard status
    Active
    APN
    0706282001
    Size
    4,120 SF

    Utilities

    Cooling system
    Central Air

    Building Details

    Number of units
    3
    Architectural style
    Other

    Brummel Properties, Inc. (630) 551-8005 [email protected]

    Listing agent Laura Tomsa (630) 551-8005 License #471016446

    Listing date Jul 11, 2025

    MLS# 12372824 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

    Newark Mixed-Use Investment Opportunity

    This mixed-use building is located in downtown Newark, Kendall County, and features two residential apartments and a retail space. The retail space is currently operating as a hair salon. The property benefits from a corner location with high visibility and foot traffic. The downtown area is experiencing growth, attracting visitors and residents. The two apartments offer living spaces with modern finishes, natural light, and storage, including a full basement. The building offers possibilities for extending the current salon business or exploring new retail ventures.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Restaurant Law Firm Spa & Massage Wholesale Shop Hair Salon Auto Repair Shop Gym & Fitness Pharmacy Department Store HVAC Service

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

    Location Insight

    • Map
    • Local Demand
    City
    Newark
    County
    Kendall
    State
    Illinois
    Longitude
    -88.5833339
    Latitude
    41.5377241

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    FAQs

    What type of property is this?
    Mixed-use property - Mixed-use building with retail space and two residential apartments.
    Where is this mixed-use property located?
    The property is located at 2-4 Front St Newark, IL.
    What is the asking price?
    The asking price for this property is $320,000.
    What are key features of this property?
    This property features: - Prime corner location in downtown Newark with high visibility and foot traffic.; - Mixed-use building with two residential apartments and a retail space (currently a hair salon).; - Strong investment opportunity in a growing downtown area.
    (630) 551-8005
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    Newark, IL 60541
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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
    2-4 Front St Newark, IL 60541
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