111 North Ave Flora, IL 62839
This exceptional commercial property at 111 W North Avenue in Flora, Illinois presents a unique investment opportunity. The combined 3,296 square feet of space offers incredible versatility. Currently configured as two adjacent buildings (109 and 111 W. North Ave.), the property can be utilized as a single, expansive retail area or easily divided into two separate units, catering to a wide range of business models. Its prime downtown location ensures high visibility and accessibility for customers. Ample parking is a significant advantage, with convenient curbside parking directly in front, additional parking at the rear of the buildings, and further parking options available across the street. This strategic location within the heart of Flora's commercial district provides an ideal setting for a variety of businesses seeking a strong presence in a thriving community. The asking price for this exceptional property is $95,000. This represents a compelling opportunity to acquire a well-situated commercial space with significant potential for growth and profitability. The flexible layout and ample parking make this property a truly attractive option for discerning business owners.
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Ron Young Law Office Law Firm
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Conard & Associates Tax Preparation
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
Similar Nearby for Sale
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.