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    111 North Ave Flora, IL 62839

    Sponsored
    For Sale
    $95,000

    Prime commercial space, flexible layout, great location.

    Property size:
    3,296 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    338
    This exceptional commercial property at 111 W North Avenue in Flora, Illinois presents a unique investment opportunity. The combined 3,296 square feet of space offers incredible versatility. Currently configured as two adjacent buildings (109 and 111 W. North Ave.), the property can be utilized as a single, expansive retail area or easily divided into two separate units, catering to a wide range of business models. Its prime downtown location ensures high visibility and accessibility for customers. Ample parking is a significant advantage, with convenient curbside parking directly in front, additional parking at the rear of the buildings, and further parking options available across the street. This strategic location within the heart of Flora's commercial district provides an ideal setting for a variety of businesses seeking a strong presence in a thriving community. The asking price for this exceptional property is $95,000. This represents a compelling opportunity to acquire a well-situated commercial space with significant potential for growth and profitability. The flexible layout and ample parking make this property a truly attractive option for discerning business owners.

    Property Features for 111 North Ave

    General Information

    Property type
    Other commercial real estate
    Square Feet
    3,296 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Ron Young Law ... Legal Services Conard & Associates Tax Preparation Service

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Flora
    County
    Clay
    State
    Illinois
    Longitude
    -88.48642
    Latitude
    38.66847

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    FAQs

    What type of property is this?
    Commercial real estate - Prime commercial space, flexible layout, great location.
    Where is this commercial real estate located?
    The property is located at 111 North Ave Flora, IL.
    What is the asking price?
    The asking price for this property is $95,000.
    Request Owner's contact information
    111 North Ave Flora, IL 62839
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    Flora, IL 62839
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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
    111 North Ave Flora, IL 62839
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