Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    323 Front St Annawan, IL 61234

    Sponsored
    For Sale
    $52,900

    Downtown Annawan, High Visibility, Flexible Use

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional commercial property at 323 W FRONT Street in Annawan, Illinois, presents a fantastic opportunity for a variety of businesses. Located in the heart of downtown Annawan, this high-visibility site offers excellent street exposure and accessibility. The property consists of one building situated on land zoned for commercial use, including restaurant and retail operations. The asking price is $52,900. The building's interior is adaptable to suit diverse needs, making it ideal for retail ventures, cafes, offices, or even gaming establishments. Recent improvements enhance its appeal

    Property Features for 323 Front St

    General Information

    Property type
    Restaurants

    Building Details

    Buildings
    1

    HighLights

    • High‑visibility commercial building at 323 W FRONT Street, Annawan, IL.
    • Excellent street exposure and accessibility in downtown Annawan.
    • Zoned for commercial use, including restaurants and retail.
    • Asking price: $52,900.
    • Adaptable interior suitable for various uses, such as retail, cafes, offices, or gaming.
    • Recent improvements.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Wholesale Shop Hair Salon Auto Repair Shop Clothing Store Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Annawan
    County
    Henry
    State
    Illinois
    Longitude
    -89.908848
    Latitude
    41.3973439

    Nearby Comparable

    • $52,900
      1,716 SF

      323 Front St, Annawan, IL 61234

      Commercial real estate • 1,716 SF
      323 Front St, Annawan, IL 61234
      View Details
    • $575,000
      10,081 SF

      Renovated Multi-Use Building For Sale

      Recently renovated building featuring restaurant, bar, banquet hall, and more.
      313 N Canal St, Annawan, IL 61234
      View Details
    • $3,315,000

      Commercial Land with Highway Exposure

      Land with highway exposure and easy access in Annawan, IL.
      317 N Canal St, Annawan, IL 61234
      View Details
    • $950,000
      246,114 SF

      Atkinson Estates MHC: Value-Add Opportunity

      Illinois Mobile Home Park, 24 Pads, High NOI
      109 Pearl St, Atkinson, IL 61235
      View Details
    • $645,000
      21.82 Acres

      I-80 Interchange Commercial Land

      Prime location, high-traffic development opportunity.
      217 State Street Plz, Atkinson, IL 61235
      View Details
    • $645,000

      Atkinson IL Commercial Land

      I-80 Frontage, Development Ready
      217 State St, Atkinson, IL 61235
      View Details
    • $70,000
      11,436 SF

      Neponset Commercial Building - Huge Potential

      Spacious steel building, 11,436 sq ft, 2.3 acres.
      306 Harlan St, Neponset, IL 61345
      View Details
    • $85,900
      0.79 Acres

      Kewanee Commercial Land - $85,900

      Prime .79-acre commercial lot, ideal for redevelopment.
      0 Main St, Kewanee, IL 61443
      View Details
    • $80,900
      0.79 Acres

      Kewanee Commercial Land - Prime Location

      Build Your Dream Business - .79 Acres
      Main St, Kewanee, IL 61443
      View Details
    • $475,000
      3,720 SF

      Kewanee Commercial Building Opportunity

      Prime Location, Former Bank, 3720 sq ft
      101 Central Blvd, Kewanee, IL 61443
      View Details
    • $162,800
      2,255 SF

      Carbondale Retail Property for Sale

      2,255 SF retail building on 0.56 acre lot.
      511 E Walnut St, Carbondale, IL 62901
      View Details
    • $750,000
      2,000 SF

      Geneseo Commercial Outlot - High Traffic

      Walmart Outlot: Prime Retail/Restaurant Space
      1992 Oakwood Ave, Geneseo, IL 61254
      View Details

    Nearby Similar for Sale

    • $575,000
      10,081 SF

      Renovated Multi-Use Building For Sale

      Recently renovated building featuring restaurant, bar, banquet hall, and more.
      313 N Canal St, Annawan, IL 61234
      View Details
    • $52,900
      1,716 SF

      323 Front St, Annawan, IL 61234

      Commercial real estate • 1,716 SF
      323 Front St, Annawan, IL 61234
      View Details

    FAQs

    What type of property is this?
    Restaurant - Downtown Annawan, High Visibility, Flexible Use
    Where is this restaurant located?
    The property is located at 323 Front St Annawan, IL.
    What is the asking price?
    The asking price for this property is $52,900.
    What are key features of this property?
    This property features: High-visibility commercial building at 323 W FRONT Street, Annawan, IL.; Excellent street exposure and accessibility in downtown Annawan.; Zoned for commercial use, including restaurants and retail.
    Request Owner's contact information
    323 Front St Annawan, IL 61234
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    323 Front St
    Annawan, IL 61234
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    323 Front St Annawan, IL 61234
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.