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    OFF-MARKET
    Retail properties & Spaces

    32931 Rte 6 Hwy, Spring Valley, IL 61362

    1,770 SF 0.5 ac lot
    Property ID
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Retail properties & Spaces
    Total area 1,770 SF
    Lot 0.5 ac (21,780 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
    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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