Property profile

0 Main St Kewanee, IL 61443

OFF-MARKET
Land
0.79 ac lot
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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

Location

Main St Kewanee, IL 61443
Kewanee metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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