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    303 3Rd St Kell, IL 62853

    For Sale
    $80,000

    Commercial - Kell, IL

    Property size:
    2,400 SF
    Lot size:
    0.08 Acres
    Days on Market:
    135
    Last Refresh:
    Dec 6 at 1:06 am

    Property Features for 303 3Rd St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    commercial
    APN
    1631202006
    Parking
    4
    Size
    2,400 SF
    Lot size
    0.08 Acres

    Utilities

    Heating system
    Electric (Heating), Forced Air, Natural Gas
    Cooling system
    Multi Units, Wall/Window Unit(s), Window Unit(s)

    Building Details

    Year built
    1908
    Flooring type
    Wood
    Building materials
    Brick, Frame, Vinyl Siding
    Roof type
    Rolled/Hot Mop
    Architectural style
    Other

    Cross Davidson Real Estate, Inc. (618) 201-9509 [email protected]

    Listing agent Lettie Johnson (618) 201-9509 License #475116283

    Listing date Jul 25, 2025

    MLS# EB459020 Listing URL

    Copyright © 2025 RMLS Alliance. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Commercial Building with Apartment Income

    This commercial building in Kell, Illinois, offers immediate income with a 4-year lease already in place and an option for renewal. The property includes two apartments, presenting an opportunity for additional income. The building has a total living area of 2400 square feet and is situated on a lot measuring 0.08 acres. The property is zoned for commercial use.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    United States Postal ... Post Office

    Suggested Use

    Spa & Massage Hair Salon Nail Salon Food Market

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

    Location Insight

    • Map
    • Local Demand
    City
    Kell
    County
    Marion
    State
    Illinois
    Longitude
    -88.906372
    Latitude
    38.491167

    FAQs

    What type of property is this?
    Retail space - Commercial building with lease and apartment income potential in Kell.
    Where is this retail space located?
    The property is located at 303 3Rd St Kell, IL.
    What is the asking price?
    The asking price for this property is $80,000.
    What are key features of this property?
    This property features: - Existing 4-year lease provides immediate income.; - Two apartments offer additional income potential.; - Building constructed with durable brick, frame, and vinyl siding.
    (618) 201-9509
    Request Owner's contact information
    303 3Rd St Kell, IL 62853
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    Kell, IL 62853
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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
    303 3Rd St Kell, IL 62853
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