4510 41 St Andover, IL 61262
This exceptional commercial property, located at 4510 41ST Street in Andover, Illinois, 61262, offers a unique blend of accessibility and visibility. The single-tenant, 2,377 square foot building sits on commercially zoned land (APN 17-15-214-006) and boasts 224 parking spaces, ensuring ample convenience for employees and clients. Its strategic location off John Deere Road and I-24 provides unparalleled connectivity to the entire region, placing it within easy reach of a thriving business community. The property benefits from high visibility, with pylon sign space available on John Deere Road (3' x 6' double-sided). Access is convenient from both 44th Avenue (north) and 46th Avenue (south). The building features a 30' frontage by 100' depth, with a less common corridor and adjacent tenant access to a rear truck court. Furthermore, the property's location is on the east side of 41st Street, south of John Deere Road, and directly across from a highly trafficked entrance to a 45-acre shopping center anchored by Walmart and Lowe's, along with numerous restaurants. Importantly, the property has received Letter of Map Amendment (LOMA) approval, removing it from the floodplain. This property presents a rare opportunity to acquire a well-situated, highly visible commercial space in a rapidly growing area. The property is classified as Commercial, Flex, and Medical Office space. The building consists of one suite within one building.
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.