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Annawan Commercial Property For Sale
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203 W Front St, Annawan, IL 61234

Commercial property in Annawan, Illinois, suitable for retail or office.

Property Size3,850 SF
Price / SF$211.69
Days on Market156

Property Features for 203 W Front St

General Information

Standard status Active
Size 3,850 SF
Property subtype Retail, Office
Lease Type NNN
Net Operating Income $61,223

Building Details

Year Built 1994
Tenancy Single
Listing Agency: Marcus & Millichap - Columbus
Listed By: Craig Fuller · License #OH 2008001551
Source: Crexi
Added: Mar 18 Changed: Aug 8 Last Checked: Aug 19 at 9:24PM

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 Marcus & Millichap - Columbus

Investment Insights

Based on property information with market context.

This commercial property, located in Annawan, Illinois, is suitable for retail or office use. The property has a size of 3850 square feet. The lease is NNN with 1.5% annual increases. It is a corporate guaranteed urgent care relocation site.

Key Highlights

  • Corporate guaranteed urgent care tenant
  • NNN lease
  • Enjoy a 1.5% annual income increase

Property Analytics

Current Use

Hammond-Henry Hospital: Annawan ... Medical Clinic Kathleen Versluis Physician

Suggested Use

Top Pick Building Supply Storage Facility Garden Center Big Box & Wholesale Store Law Firm Hotel & Motel

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

26
Businesses Nearby

Demographics for 61234, IL

1,197
Population
530
Households
2.3
Avg Household Size
40
Median Age
32%
College-Educated
98%
High-School Grad
55.7 sq mi
ZIP Area
21
Density / Sq Mi
$84,028
Median Household Income
$44,732
Median Earnings
$629
Median Rent
$151,300
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
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Frequently Asked Questions

What type of property is this?
Retail property - Commercial property in Annawan, Illinois, suitable for retail or office.
Where is this retail property located?
The property is located at 203 W Front St Annawan, IL.
What is the asking price?
The asking price for this property is $815,000.
What are key features of this property?
This property features: Corporate guaranteed urgent care tenant; NNN lease; Enjoy a 1.5% annual income increase
(216) 264-2000 Call to check price and availability
More about this property
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