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Property profile & analytics
OFF-MARKET
Commercial real estate

111 North Ave Flora, IL 62839

3,296 SF
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Commercial real estate
Total area 3,296 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Ron Young Law Office Law Firm
  • Conard & Associates Tax Preparation
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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