32931 Rte 6 Hwy, Spring Valley, IL 61362
This exceptional commercial property, located at 32931 Route 6 Hwy in Spring Valley, Illinois (zip code 61362), presents a lucrative investment opportunity. The property encompasses a 1,770 square foot retail building situated on a lot ranging from 0.5 to 0.99 acres. The asking price is $219,000, translating to a price per square foot of $123.73. The single-story building is zoned M1 and boasts a highly visible location right off Interstate 80, at the corner of Route 89 and Route 6, conveniently positioned between Ladd and Spring Valley. The property's current use is as an automotive repair shop, complete with three bays, three lifts, and most necessary equipment. Included in the sale are an Energy Logic waste oil furnace and a newer air compressor. The property's Bureau County location and proximity to major roadways ensure high visibility and accessibility, making it ideal for a variety of commercial ventures. The parcel's APN is 1816400017. This is a rare opportunity to acquire a well-established business with significant potential for growth in a desirable location.
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.