303 5Th St, Ava, IL 62907
This exceptional commercial property located at 303 S 5th, Ava, IL, presents a unique investment opportunity. Priced at $99,900, this adaptable building offers a multitude of potential uses. Previously a church, the main floor boasts ample space, including separate men's and women's restrooms, a platform, a baptistry, and a dedicated office. The layout is well-suited for a variety of businesses, offering flexibility and functionality. Downstairs, a kitchenette provides convenient food preparation space, complemented by four sizable classrooms and ample storage areas. The building has undergone significant improvements, featuring newer replacement windows throughout, enhancing both energy efficiency and aesthetics. The interior is further enhanced by attractive light fixtures and ceiling fans, creating a comfortable and inviting atmosphere. The property also includes convenient handicap access, ensuring accessibility for all. With its versatile layout, updated features, and attractive price point, this property represents a compelling investment opportunity with limitless possibilities. The 0-acre lot provides ample space for potential expansion or outdoor activities. This is a rare chance to acquire a well-maintained, adaptable commercial building in a desirable location. Don't miss out on this exceptional opportunity.
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.