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    OFF-MARKET
    Land

    0 Main St, Kewanee, IL 61443

    0.79 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional .79-acre commercial lot, located at 0 N Main Street in Kewanee, Illinois, presents a unique redevelopment opportunity. Previously occupied by a retail structure that has since been demolished, the property offers a clean slate for a variety of commercial ventures. The lot boasts dimensions of approximately 52.55x90.28x48.86x150 feet, providing ample space for new construction. The site is zoned B-1, allowing for a range of commercial uses. While a basement existed on the property previously, it has been filled in. This property is situated in Henry County, Illinois, with the convenient zip code of 61443. Its strategic location on N Main Street offers excellent visibility and accessibility. Priced aggressively at $85,900, this lot represents a compelling investment opportunity for developers and entrepreneurs seeking a prime location in Kewanee to build their next project. The property's size and zoning make it suitable for a variety of commercial uses, promising a strong return on investment. Don't miss this chance to acquire this ready-to-develop commercial land in a thriving Illinois community.

    Property profile
    Verified
    Property type Land
    Lot 0.79 ac (34,412 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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