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111 W NORTH Avenue 109, Flora, IL 62839

Two downtown buildings with retail and office space potential.

Property Size3,296 SF
Price / SF$21.21
Days on Market1138

Property Features for 111 W NORTH Avenue 109

General Information

Standard status Active
Size 3,296 SF
Property subtype Office, Retail
Zoning Comme
Listing Agency: WILEY REALTY GROUP
Listed By: PHIL WILEY · License #ID
Source: Crexi
Added: Jul 1, 2023 Changed: Aug 11 Last Checked: Aug 10 at 6:14AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of WILEY REALTY GROUP

Investment Insights

Based on property information with market context.

Located in a prime downtown location, 109 & 111 W. North Ave. offer a combined 3,296 sq. ft. of commercial space. The east building provides 1,520 sq ft, suitable for office or retail use. The west building, at 1,776 sq ft, formerly housed Flora Savings & Loan and features large windows and a unique layout, including a vault. The property offers flexible space, adaptable as one expansive retail area or two separate units. Convenient curbside parking is available, along with additional parking at the back and across the street. This property is suited for various business needs and ventures.

Key Highlights

  • Prime downtown location offering high visibility and accessibility.
  • Two adjacent buildings totaling 3,296 sq. ft. provide flexible usage.
  • Motivated sellers with major price reduction.

Property Analytics

Current Use

Ron Young Law ... Law Firm Conard & Associates Tax Preparation

Suggested Use

Top Pick Building Supply Real Estate Agency Parking Lot & Garage HVAC Service Electrical Service Skin Care Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

321
Businesses Nearby

Demographics for 62839, IL

6,441
Population
2,960
Households
2.2
Avg Household Size
42
Median Age
19%
College-Educated
90%
High-School Grad
71.2 sq mi
ZIP Area
90
Density / Sq Mi
$54,241
Median Household Income
$40,301
Median Earnings
$727
Median Rent
$90,800
Median Home Value

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Two downtown buildings with retail and office space potential.
Where is this retail space located?
The property is located at 111 W NORTH Avenue 109 Flora, IL.
What is the asking price?
The asking price for this property is $69,900.
What are key features of this property?
This property features: Prime downtown location offering high visibility and accessibility.; Two adjacent buildings totaling 3,296 sq. ft. provide flexible usage.; Motivated sellers with major price reduction.
(618) 508-4848 Call to check price and availability
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