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    829 Moen Ave Rockdale, IL 60436

    Sponsored
    For Sale
    $640,000

    13,000 sq ft, 1.52 acres, high traffic

    Property size:
    13,000 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    338
    This exceptional commercial property at 829 Moen Avenue in Rockdale, Illinois presents a remarkable investment opportunity. The substantial 13,000 square foot building sits on a 1.52-acre lot and boasts over 90 parking spaces. Previously operating as Syl's Restaurant, the property offers immense versatility. Seven separate PINs are included in the sale, encompassing the entire acreage. Currently zoned for business use, the property's best and highest use is open to exploration, with the village expressing receptiveness to various proposals. The solid masonry construction includes a full basement, providing ample storage and potential for expansion. A wide range of commercial ventures are feasible, including industrial, food service, distribution center, office, medical, or retail uses. Its strategic location provides easy access to I-80, placing it within reach of a large customer base. The area is experiencing significant growth, surrounded by thriving businesses, making this a prime location for future success. This auction-priced offering represents an exceptional value

    Property Features for 829 Moen Ave

    General Information

    Property type
    Other commercial real estate
    Square Feet
    13,000 SF
    Lot Size
    66,211 SF

    Building Details

    Year Built
    1946
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Rockdale
    County
    Will
    State
    Illinois
    Longitude
    -88.11875
    Latitude
    41.50525

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    Nearby Similar for Sale

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    FAQs

    What type of property is this?
    Commercial real estate - 13,000 sq ft, 1.52 acres, high traffic
    Where is this commercial real estate located?
    The property is located at 829 Moen Ave Rockdale, IL.
    What is the asking price?
    The asking price for this property is $640,000.
    (708) 361-0800
    Request Owner's contact information
    829 Moen Ave Rockdale, IL 60436
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    Rockdale, IL 60436
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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
    829 Moen Ave Rockdale, IL 60436
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