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    101 Central Blvd Kewanee, IL 61443

    Sponsored
    For Sale
    $475,000

    Prime Location, Former Bank, 3720 sq ft

    Property size:
    3,720 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    338
    This exceptional commercial property, located at 101 W Central Boulevard in Kewanee, Illinois, presents a unique investment opportunity. The building, formerly a bank, boasts a substantial 3,720 square feet of space on a generous 0.86-acre lot. Its prime location on Central Boulevard offers excellent visibility and accessibility, making it ideal for a variety of businesses. The building is being offered as a vacant commercial space

    Property Features for 101 Central Blvd

    General Information

    Property type
    Other commercial real estate
    Square Feet
    3,720 SF
    Lot Size
    37,462 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Regional Media World ... Radio Broadcaster Wkei Radio Broadcaster Regional Media Digital ... Internet Marketing 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
    Kewanee
    County
    Henry
    State
    Illinois
    Longitude
    -89.92518
    Latitude
    41.24203

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    FAQs

    What type of property is this?
    Commercial real estate - Prime Location, Former Bank, 3720 sq ft
    Where is this commercial real estate located?
    The property is located at 101 Central Blvd Kewanee, IL.
    What is the asking price?
    The asking price for this property is $475,000.
    Request Owner's contact information
    101 Central Blvd Kewanee, IL 61443
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    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
    101 Central Blvd Kewanee, IL 61443
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