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    408 E Commanche Ave Shabbona, IL 60550

    View on Map
    Sponsored
    For Sale
    $179,900

    COMMERCIAL - Shabbona, IL

    Lot size:
    0.33 Acres
    Days on Market:
    2
    Last Refresh:
    Mar 11 at 12:06 am

    Property Features for 408 E Commanche Ave

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    APN
    1314301002
    Lot size
    0.33 Acres

    Utilities

    Cooling system
    Central Air

    Building Details

    Floors in Building
    1

    We can help!

    Listing Contact
    Charles Kirkwood

    Honig Realty, Inc. (dba. Coldwell Banker Honig-Bell) (815) 553-2411

    Listing agent Charles Kirkwood (630) 715-5714

    Listing date Mar 10, 2026

    MLS# 12587885

    Copyright © 2026 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.

    Learn more

    Property Insight Report

    Overview

    Established Cafe and Ice Cream Destination

    This is an opportunity to acquire an established cafe and ice cream business. The location offers high visibility from Highway 30. The business has been a food and ice cream destination in Shabbona for many years. The business benefits from a significant increase in summertime sales due to activity at Shabbona Lake State Park and nearby campgrounds. The property features both indoor and outdoor dining areas with picnic tables. A drive-through window was added, making it the only establishment with a drive-through on Highway 30 for miles. The list price includes the business, real estate, and all FF&E. Building improvements include a newer roof and a newer 6-ton rooftop HVAC unit, along with a 4-ton A/C unit on the ground. The tile in the dining room, hall, and bathroom have been updated. A new storage shed houses two freezers and one refrigerator unit, with additional space for dry storage. Outside, there are two refrigerator units and one dry storage unit for vendor deliveries. FF&E includes tables and chairs, a Stoelting ice cream machine, a sandwich bay, a slushie machine, and a bread oven. The parking lot has been resurfaced and features 23 parking spaces, including 6 for drive-through waiting. The current owner operates seasonally from mid-March through mid-November, presenting an opportunity to increase sales by operating year-round. The lot size is 0.3295 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Coffee shops

    Map

    City
    Shabbona
    County
    DeKalb
    State
    Illinois
    Longitude
    -88.885
    Latitude
    41.7537

    Nearby Similar for Sale

    • New
      $179,900
      0.33 Acres

      Shabbona Retail Building For Sale

      Freestanding building with high visibility and drive-through window.
      408 Commanche Ave, Shabbona, IL 60550
      View Details

    FAQs

    What type of property is this?
    Coffee shop - Turnkey cafe and ice cream business with real estate for sale.
    Where is this coffee shop located?
    The property is located at 408 E Commanche Ave Shabbona, IL.
    What is the asking price?
    The asking price for this property is $179,900.
    What are key features of this property?
    This property features: - Established cafe and ice cream business with loyal customer base.; - Includes business, real estate, and all Furniture, Fixtures, and Equipment (FF&E).; - **High-visibility location on Highway 30 with a drive-through window (the only one for miles).**
    (815) 553-2406
    Request Owner's contact information
    408 E Commanche Ave Shabbona, IL 60550
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    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    408 E Commanche Ave Shabbona, IL 60550
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    We can help!
    Listing Contact
    Charles Kirkwood
    Real Estate License ID: 475142955
    (815) 553-2406 (630) 232-6900 (630) 715-5714
    Learn more
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