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    110 Gladiolus St Momence, IL 60954

    Sponsored
    For Sale
    $500,000

    Versatile 5,500 sq ft building, high traffic area.

    Property size:
    5,521 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    340
    This exceptional 5,521 square foot commercial property located at 110 Gladiolus Street in Momence, Illinois, presents a unique investment opportunity. Previously utilized as an indoor gun range, the building offers a substantial and adaptable floor plan ready for a variety of commercial ventures. The property sits on a 0-acre lot and is priced at $500,000. Its strategic location ensures high daily traffic visibility, providing significant potential for attracting customers. The expansive interior space allows for creative repurposing and customization to suit diverse business needs. The building's existing infrastructure provides a solid foundation for a new business, minimizing initial setup costs and maximizing return on investment. This is an exceptional chance to acquire a well-positioned commercial property in a thriving area, offering significant potential for growth and profitability. The possibilities are limitless for entrepreneurs seeking a ready-made space to establish their business. The high traffic location ensures excellent exposure and accessibility for customers. This property is ideal for those seeking a turnkey solution or a blank canvas for a unique commercial venture. Serious inquiries are encouraged to explore the full potential of this remarkable opportunity.

    Property Features for 110 Gladiolus St

    General Information

    Property type
    Other commercial real estate
    Square Feet
    5,521 SF

    Building Details

    Year Built
    2004
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Momence
    County
    Kankakee
    State
    Illinois
    Longitude
    -87.66218
    Latitude
    41.15857

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    FAQs

    What type of property is this?
    Commercial real estate - Versatile 5,500 sq ft building, high traffic area.
    Where is this commercial real estate located?
    The property is located at 110 Gladiolus St Momence, IL.
    What is the asking price?
    The asking price for this property is $500,000.
    (219) 291-2227
    Request Owner's contact information
    110 Gladiolus St Momence, IL 60954
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    Momence, IL 60954
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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
    110 Gladiolus St Momence, IL 60954
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