Property profile

600 Wood Ave Machesney Park, IL 61115

OFF-MARKET
Retail properties & Spaces
8,442 SF Built 1963
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Property summary

AI-generated overview

This versatile 8,442-square-foot storefront at 600 Wood Ave, Loves Park, IL, is offered at $299,000 ($55.85/sq ft). Built in 1963, this two-story building sits on a large 39,787-square-foot lot and is zoned CC. Previously used as a fire station, the property boasts four oversized bay doors, a fully usable basement, and numerous offices suitable for various operational, administrative, or storage needs. Its prime location in a busy area provides easy access to major routes and amenities. The ample space and expansive lot offer significant potential for a variety of businesses, with room for multiple purposes and potential for future expansion. The property includes abundant parking and outdoor work areas. This is an exceptional opportunity for businesses seeking a strategic location with significant space and versatility. The property's address is 600 Wood Ave, Loves Park, IL 61115, and the APN is 0831352023.

Property profile

Verified
Property type Retail properties & Spaces
Year built 1963
Total area 8,442 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Ambulance Service
  • Fire Station

Location

600 Wood Ave Machesney Park, IL 61115
Machesney Park metro
Google Maps

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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