Main St, Kewanee, IL 61443
This exceptional .79-acre commercial lot, located at 0 N Main Street in Kewanee, Illinois, presents a unique opportunity for developers and entrepreneurs. The property, previously occupied by a retail structure that has since been demolished, offers a clean slate for new construction. The lot dimensions are approximately 52.55 feet by 90.28 feet by 48.86 feet by 150 feet, providing ample space for a variety of commercial ventures. Its prime location on Main Street ensures high visibility and accessibility, making it ideal for businesses seeking strong foot traffic and convenient access for customers. The site is priced aggressively to facilitate a swift sale. Please note that a previous basement structure has been filled in. This property is ready for immediate development, allowing for the construction of a new building tailored to specific business needs. Utilities are available, though specific connections will need to be verified independently. This is a rare chance to acquire a well-situated commercial lot in a thriving community, offering significant potential for return on investment. Don't miss this opportunity to establish your business in a highly visible and accessible location. Act quickly, as this property is priced to sell fast.
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.