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    110 River St Momence, IL 60954

    Sponsored
    For Sale
    $159,900

    Spacious building, ideal for various businesses.

    Property size:
    3,813 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    340
    This exceptional commercial property, located at 110 W River Street in Momence, Illinois, presents a unique opportunity for a wide range of businesses. The building, formerly housing The Momence Progress Reporter, boasts a substantial 3,813 square feet of space. Constructed of durable brick and block, the structure features energy-efficient vinyl windows and is equipped with two furnaces for reliable climate control. The building's insulation in both walls and ceiling contributes to reduced energy costs. A welcoming reception area greets visitors, while two smaller rooms offer versatile space, potentially suitable for offices or other specialized uses. The highlight of the property is a vast, open main room measuring an impressive 40 feet by 90 feet. This expansive area provides exceptional flexibility for a variety of business operations, offering ample room for equipment, inventory, or workspace. The property also includes a convenient overhead door, facilitating easy loading and unloading of goods. Situated on a lot with no acreage, this property is conveniently located in Momence, offering easy access to local amenities and transportation routes. The asking price is $159,900. This is an excellent opportunity to acquire a well-maintained, versatile commercial building in a desirable location. Don't miss out on this chance to establish or expand your business in this prime Momence property.

    Property Features for 110 River St

    General Information

    Property type
    Other commercial real estate
    Square Feet
    3,813 SF

    Building Details

    Year Built
    1959
    Property Profile Location Intelligence

    Current Use by Public Records

    Momence Gladiolus Festival Event Venue The Momence Progress Reporter News Service

    Suggested Use

    Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Pharmacy Skin Care Clinic

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

    Location Insight

    • Map
    • Local Demand
    City
    Momence
    County
    Kankakee
    State
    Illinois
    Longitude
    -87.66328
    Latitude
    41.16226

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    FAQs

    What type of property is this?
    Commercial real estate - Spacious building, ideal for various businesses.
    Where is this commercial real estate located?
    The property is located at 110 River St Momence, IL.
    What is the asking price?
    The asking price for this property is $159,900.
    (815) 937-4370
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    110 River 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 River St Momence, IL 60954
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