5511 Court St Monee, IL 60449
This exceptional commercial property presents a rare opportunity for development in the thriving Monee, Illinois market. Encompassing a total of 8,193 square feet, the offering includes two parcels: a vacant lot and an adjacent lot currently improved with a residential home and detached garage. Both parcels are included in the asking price of $269,900, translating to a price per square foot of $32.94. The property boasts a highly desirable location at the intersection of busy Governors Highway (Route 50) and West Court Street, ensuring excellent visibility and accessibility for any commercial venture. The combined parcels provide ample space for a variety of development projects, catering to diverse commercial needs. The existing residential structure on one lot offers potential for immediate income generation or future redevelopment. This prime location in Will County, with its convenient access to major transportation routes and a growing community, makes this an exceptional investment opportunity. The property's APN numbers are 21-14-21-123-004 and 21-14-21-123-001. The address is 5511 W Court St, Monee, IL 60449. This is a unique chance to acquire a substantial commercial property in a high-growth area. Don't miss this chance to secure a foothold in Monee's dynamic commercial landscape.
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
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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.