Property profile

32931 Rte 6 Hwy Spring Valley, IL 61362

OFF-MARKET
Retail properties & Spaces
1,770 SF 0.5 ac lot
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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

Location

32931 Rte 6 Hwy Spring Valley, IL 61362
Spring Valley metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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