Two-Room Retail
For Sale
$65,000
710 Swanson Drive, Prophetstown, IL 61277
A private restroom, on-site parking, and recent roof and sewer work complement the compact commercial layout.
Property Size644 SF
Price / SF$100.93
Days on Market172
Property Features for 710 Swanson Drive
General Information
Standard status
Active
Size
644 SF
Property subtype
Commercial
Zoning
COMMR
Site & Location
Highway Access
Yes
Road Access
Yes
Utilities to Site
Yes
Additional Details
Property Use
Office, Retail
Taxes and HOA fees
Annual Taxes
$1,233
Building Details
Building Size
644 SF
Year Built
1950
Buildings
1
Stories
1
Units
1
Listing Agency:
Bird Realty
Listed By:
Tina DeMay · License #475138089
(815) 973-6768
Source:
Fishmangroup
Added: May 7
Changed: Oct 23
Last Checked: Oct 23 at 1:23PM
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 Bird Realty
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Investment Insights
Based on property information with market context.
This 644-square-foot retail property is arranged as two rooms and includes a private bathroom. A new roof was installed in 2025, and a replacement sewer line connects to the city main. The property is zoned COMMR.
Positioned on State Highway 78 at the south end of town, the building is a couple of blocks from downtown. Past uses have included food service and retail.
Positioned on State Highway 78 at the south end of town, the building is a couple of blocks from downtown. Past uses have included food service and retail.
Key Highlights
- 644 square feet configured as two rooms
- Private bathroom and ample parking
- New roof installed in 2025
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$5,356
Cap Rate
8.24%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$107,120
$107.1K
Cap Rate 7%
$76,514
$76.5K
Cap Rate 9%
$59,511
$59.5K
Market Conditions
NOI Build-Up for 644 SF
Gross rent
$8.5K $13.20/SF
− Vacancy
−$850 −$1.32/SF
EGI
$7.7K $11.88/SF
− OpEx
−$2.3K −$3.56/SF
NOI
$5.4K $8.32/SF
Area
Whiteside County, IL
Vacancy
10.00%
Lease Rate
$13.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$107,120
Cap Rate 7%
$76,514
Cap Rate 9%
$59,511
Alternative Uses
Best Use
Retail
$76.5K
$67.0K – $89.3K
NOI $5,356 @ 7.0% cap · market cap 8.24%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$120.5K
$105.4K – $140.6K
NOI $8,433 @ 7.0% cap · market cap 12.97%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
135
Businesses Nearby
3k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 41%
Dining 41%
Home Improvements & Furnishings 17%
Conoco
Shops & Services
1,432 visits/mo
0.5 miles
SUBWAY
Dining
1,181 visits/mo
0.3 miles
Hometown Hardware
Home Improvements & Furnishings
605 visits/mo
0.4 miles
Pizza Joe's
Dining
243 visits/mo
0.2 miles
Demographics for 61277, IL
3,233
Population
1,325
Households
2.4
Avg Household Size
45
Median Age
16%
College-Educated
90%
High-School Grad
133.7 sq mi
ZIP Area
24
Density / Sq Mi
$72,837
Median Household Income
$40,000
Median Earnings
$735
Median Rent
$134,000
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in Midwest region
Frequently Asked Questions
What type of property is this?
Retail space - A private restroom, on-site parking, and recent roof and sewer work complement the compact commercial layout.
Where is this retail space located?
The property is located at 710 Swanson Drive Prophetstown, IL.
What is the asking price?
The asking price for this property is $65,000.
What are key features of this property?
This property features: 644 square feet configured as two rooms; Private bathroom and ample parking; New roof installed in 2025
