165 3Rd Ave, Clifton, IL 60927
This unique Clifton, Illinois property offers a compelling investment opportunity encompassing two parcels totaling nearly an acre. The main structure, a former church building, has undergone initial renovations, including the installation of newer windows, a furnace, and central air conditioning. While the interior has been gutted, it presents a blank canvas for a variety of commercial ventures, allowing for complete customization to suit the buyer's vision. The building's substantial size and unique character offer significant potential for adaptive reuse. Adjacent to the church sits an older parsonage, also included in the sale. This secondary building provides additional space and possibilities, whether for expansion of the main commercial use, separate leasing, or conversion into residential units, subject to local zoning regulations. The combined properties offer significant square footage on a sizable lot, providing ample room for parking, outdoor amenities, or further development. The property is being offered for sale as a single unit, but the seller is open to considering separate sales of the church and parsonage. This presents a flexible opportunity for investors seeking either a large-scale project or two smaller, independent ventures. The property's location in Clifton offers access to local amenities and transportation routes. This is a rare chance to acquire a substantial property with significant redevelopment potential.
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.