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    Property profile & analytics

    323 Front St Annawan, IL 61234

    • Retail properties
    For Sale
    View listing
    $52,900
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Retail properties

    Property Details for 323 Front St

    Property type
    Retail properties
    Property subtype
    Restaurants

    Description

    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

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Annawan
    County
    Henry
    State
    Illinois
    Longitude
    -89.9089
    Latitude
    41.3973

    Comparable in this City

    • Value Estimation by Request

      Annawan, IL 61234

      VACANT COMMERCIAL LAND
      Annawan, IL 61234
      View Details
    • Value Estimation by Request
      1,716 SF

      323 Front St

      Commercial real estate • 1,716 SF
      323 Front St, Annawan, IL 61234
      View Details
    • Value Estimation by Request
      0.06 Acres

      311 Frnt St

      COMMERCIAL (GENERAL) • 0.06 Acres
      311 Frnt St, Annawan, IL 61234-7757
      View Details
    • Value Estimation by Request
      69.67 Acres

      18099 2600th St

      COMMERCIAL (GENERAL) • 69.67 Acres
      18099 2600th St, Annawan, IL 61234-9548
      View Details
    • Value Estimation by Request
      0.64 Acres

      Patriot Way

      COMMERCIAL (GENERAL) • 0.64 Acres
      Patriot Way, Annawan, IL 61234
      View Details
    • Value Estimation by Request
      2.60 Acres

      405 St

      COMMERCIAL (GENERAL) • 2.60 Acres
      405 St, Annawan, IL 61234-9775
      View Details

    Similar Nearby for Sale

    • $52,900

      Annawan Commercial Space For Sale

      Downtown Annawan, High Visibility, Flexible Use
      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
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    • $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
    • $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
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    323 Front St
    Annawan, IL 61234
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    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
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