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    604 South St Mazon, IL 60444

    Sponsored
    For Sale
    $175,000

    Versatile 12,000 sq ft property, 1.44 acres

    Property size:
    12,000 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    339
    This unique 12,000 square foot commercial property in downtown Mazon, IL, sits on a 1.44-acre lot and offers a diverse range of spaces. The main building includes approximately 1,150 square feet of office space, complete with a basement, reception area, individual offices, and a bathroom. A large 5,000 square foot warehouse/shop/pole barn features heavy-load concrete floors, ideal for equipment storage or a workshop. An additional 1,960 square feet of versatile indoor space can be used for offices or storage. The property also boasts a drive-over truck scale under a 19' x 48' awning, perfect for trucking or agricultural businesses. A historic 60' x 48' grain elevator (38' tall) presents a unique opportunity for material salvage. A guard shack is also included. The property is zoned B3 and requires some repairs and roof work, but offers significant potential for various businesses, including storage, repair services, retail, or repurposing the historic elevator materials. The fenced parking lot and gravel drive provide ample outdoor storage. This property presents a rare opportunity to acquire a large, versatile commercial space with significant upside potential.

    Property Features for 604 South St

    General Information

    Property type
    Other commercial real estate
    Square Feet
    12,000 SF
    Lot Size
    62,726 SF

    Building Details

    Year Built
    1900
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Auto Repair Shop Garden Center Convenience Store Daycare Center Travel Agency Pawn Shop Laundry Service Butcher Parking Facility

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

    Location Insight

    • Map
    • Local Demand
    City
    Mazon
    County
    Grundy
    State
    Illinois
    Longitude
    -88.42569
    Latitude
    41.23816

    Nearby Comparable

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    Nearby Similar for Sale

    • $250,000
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    • $150,000
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      Versatile Commercial Property in Mazon, IL

      Commercial property with office, warehouse, storage, and historic grain elevator.
      604 South St, Mazon, IL 60444
      View Details
    • $649,000
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      Well-Maintained 9-Unit Apartment Building

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    FAQs

    What type of property is this?
    Commercial real estate - Versatile 12,000 sq ft property, 1.44 acres
    Where is this commercial real estate located?
    The property is located at 604 South St Mazon, IL.
    What is the asking price?
    The asking price for this property is $175,000.
    (815) 267-1158
    Request Owner's contact information
    604 South St Mazon, IL 60444
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    Mazon, IL 60444
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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
    604 South St Mazon, IL 60444
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