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    603 Harris Ave Greenville, IL 62246

    For Sale
    $199,000

    Prime Location, Retail & Apartment

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    316
    This exceptional investment opportunity in Greenville, IL, presents a versatile commercial property ideally suited for owner-occupancy or rental income. The main level boasts approximately 3,000 square feet of retail space, perfect for a variety of businesses. Features include two restrooms, existing wall shelving units, and some internal room separation, offering flexibility in layout. The building benefits from excellent road frontage on a main highway, ensuring high visibility and significant traffic flow. A large, easily accessible garage is ideal for deliveries, complemented by ample side parking and convenient alley access. Upstairs, a substantial apartment provides three bedrooms, two bathrooms, and a spacious bonus room. This upper-level space offers significant potential for conversion into two separate apartments, if desired. Two independent entrances to the upper level enhance privacy and convenience. The apartment features a recently installed furnace and air conditioning system. The property sits on a 0.25-acre lot. The asking price is $199,000. Please provide 24-hour notice for any viewing appointments to respect the current tenants.

    Property Features for 603 Harris Ave

    General Information

    Property type
    Other commercial real estate
    Lot Size
    10,890 SF

    Building Details

    Year Built
    1960
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Greenville
    County
    Bond-IL
    State
    Illinois
    Longitude
    -89.40502
    Latitude
    38.88742

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    FAQs

    What type of property is this?
    Commercial real estate - Prime Location, Retail & Apartment
    Where is this commercial real estate located?
    The property is located at 603 Harris Ave Greenville, IL.
    What is the asking price?
    The asking price for this property is $199,000.
    664-4259
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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
    603 Harris Ave Greenville, IL 62246
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