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    Main St Kewanee, IL 61443

    For Sale
    $80,900

    Build Your Dream Business - .79 Acres

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    307
    This exceptional .79-acre commercial lot, located at 0 N Main Street in Kewanee, Illinois, presents a unique opportunity for developers and entrepreneurs. The property, previously occupied by a retail structure that has since been demolished, offers a clean slate for new construction. The lot dimensions are approximately 52.55 feet by 90.28 feet by 48.86 feet by 150 feet, providing ample space for a variety of commercial ventures. Its prime location on Main Street ensures high visibility and accessibility, making it ideal for businesses seeking strong foot traffic and convenient access for customers. The site is priced aggressively to facilitate a swift sale. Please note that a previous basement structure has been filled in. This property is ready for immediate development, allowing for the construction of a new building tailored to specific business needs. Utilities are available, though specific connections will need to be verified independently. This is a rare chance to acquire a well-situated commercial lot in a thriving community, offering significant potential for return on investment. Don't miss this opportunity to establish your business in a highly visible and accessible location. Act quickly, as this property is priced to sell fast.

    Property Features for Main St

    General Information

    Property type
    Other commercial real estate
    Lot Size
    34,412 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Kewanee
    County
    Henry
    State
    Illinois
    Longitude
    -89.92494
    Latitude
    41.24342

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    Nearby Similar for Sale

    • $475,000
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    FAQs

    What type of property is this?
    Commercial real estate - Build Your Dream Business - .79 Acres
    Where is this commercial real estate located?
    The property is located at Main St Kewanee, IL.
    What is the asking price?
    The asking price for this property is $80,900.
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    Main St Kewanee, IL 61443
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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
    Main St Kewanee, IL 61443
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