0 Main St, Kewanee, IL 61443
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.