315 Lafayette St, Somonauk, IL 60552
This unique Somonauk property, previously a church bus barn, presents a compelling investment opportunity. The main building, measuring 39' wide x 44' deep, boasts a 3,837 square foot footprint and features insulated walls, heating capabilities, a concrete floor, and three 12' wide x 14' tall overhead doors. A 29' wide x 39' deep addition includes a 14' wide x 12' tall overhead door and concrete flooring. A third structure, an older pole barn measuring 22' wide x 45' deep, offers additional space with a gravel floor and 11' x 11' sliding doors. The 0.29-acre lot provides ample room for expansion or outdoor storage. The property is currently unzoned, meaning any business use differing from its previous function will require a special use permit from the Village of Somonauk. This presents a blank canvas for a variety of commercial ventures, from storage and workshops to light manufacturing or other suitable uses. The substantial size and versatile layout offer significant potential for a discerning buyer. Explore the possibilities and envision your business thriving in this adaptable space. Don't miss this chance to acquire a unique property with immense potential in a growing community.
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.