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Property profile & analytics
OFF-MARKET
Office Spaces

5511 Court St Monee, IL 60449

8,193 SF
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Office Spaces
Total area 8,193 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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