Building Details

Building Size 1,616 SF

Listing Agency: WILEY REALTY GROUP p***@outlook.com

Listed By: Phil Wiley · License #471019822 Show Phone

Source: Fishmangroup

Added: May 28, 2024 Changed: Oct 26 Last Checked: Oct 26 at 3:49AM

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Investment Insights

Based on property information with market context.

This 1,616-square-foot storefront at 223 E North Avenue includes equipment for continued operation of the existing business. The interior could also be reconfigured for office or another retail use.

The property is in Flora, Illinois, with access from E North Avenue.

Key Highlights

• 1,616‑square‑foot storefront
• Equipment included for continued operation of the existing business
• Potential for office or other retail use

Property Analytics

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Current Use

Memorial Lane Flowers ... (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Parking Lot & Garage HVAC Service Electrical Service Building Supply Bakery Locksmith

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

Lease Details

Turnkey business

Opportunity

Location Intelligence

Trade Area within ½ mile

321

Businesses Nearby

23k

Monthly Visits Nearby

Under-served

Demand for This Use

Explore this area Business Placement

Foot Traffic Nearby

Shops & Services 62% Dining 38%

Huck's Shops & Services

11,570 visits/mo 0.2 miles

Dairy Queen Dining

8,593 visits/mo 0.2 miles

AutoZone Shops & Services

1,781 visits/mo 0.4 miles

Napa Auto Parts Shops & Services

692 visits/mo 0.3 miles

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 Retail in Midwest region

8% 2020

7.3% 2021

6.5% 2022

6% 2023

5.7% 2024

6.3% 2025

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Frequently Asked Questions

What type of property is this?

Storefront property - The space includes equipment for continued operation and could be adapted for office or other retail use.

Where is this storefront property located?

The property is located at 223 E NORTH Avenue 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: 1,616‑square‑foot storefront; Equipment included for continued operation of the existing business; Potential for office or other retail use