110 7 Ave, Wyoming, IL 61491
This exceptional commercial property at 110 N 7TH Avenue, Wyoming, IL 61491, presents a unique investment opportunity. The 1994-built structure, currently configured for childcare, offers versatile space ideal for various businesses. The main building features a large open room, a half-bath, and a state-certified kitchen equipped with a triple sink, hand-wash station, and scrub bucket drain. A significant advantage is the inclusion of an adjacent lot (parcel 04-35-409-015), adding considerable value to the property. This lot, with 2023 taxes of $26.28, is conveyed with the sale. The property also boasts a fenced rear area complete with playground equipment, perfect for businesses catering to children or requiring secure outdoor space. The asking price for this turnkey commercial property is $99,900. Its prime downtown location and adaptable layout make it an attractive proposition for entrepreneurs seeking a well-established space with expansion potential. The property is zoned for commercial use and is ready for immediate occupancy. This is a rare opportunity to acquire a well-maintained building with additional land in a thriving Illinois community. Serious inquiries are encouraged.
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.