Property profile

104 Western Ave Abingdon, IL 61410

OFF-MARKET
Other commercial real estate
Property ID
US28-2966238
1,300 SF Built 1931
Individually Owned 4-yr Hold Free & Clear
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Property summary

AI-generated overview

The property is a commercial building constructed in 2023 and configured for food and service-related use. It was previously set up as a combined coffee shop and video gaming location and includes drive-through service, two public entrances, ADA-compliant access, and a dedicated service area. Interior features supporting food service include commercial refrigeration equipment (commercial refrigerator and deep freezer), multiple sinks (including a utility sink), and a grease trap system. The building is located along IL Route 41 / Monroe Street / Commercial Drive in Abingdon, which serves as a primary north-south corridor and is associated with high traffic exposure; it also has an approved package liquor license for the site that may be transferable subject to qualification. The existing layout and utilities support continued use for café, restaurant, retail, or other service uses.

Property profile

Verified
Property type Other commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1931
Construction FRAME
Total area 1,300 SF
APN 17-04-102-012
UPID US28-2966238

Cap rate & NOI

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

Location

104 Western Ave Abingdon, IL 61410-1663
Abingdon metro Census 1500 GALESBURG, IL MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$55k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$55k

Owner & transaction history

since 2021
Last sale
$7,200
3 recorded transactions
2021
$7,500
2020
Price N/A
2019
Price N/A

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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