Property profile

110 Riv St Momence, IL 60954

OFF-MARKET
Commercial real estate
Property ID
US28-4506586
0.09 ac lot
Individually Owned 1-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional commercial property, located at 110 W River Street in Momence, Illinois, presents a unique opportunity for a wide range of businesses. The building, formerly housing The Momence Progress Reporter, boasts a substantial 3,813 square feet of space. Constructed of durable brick and block, the structure features energy-efficient vinyl windows and is equipped with two furnaces for reliable climate control. The building's insulation in both walls and ceiling contributes to reduced energy costs. A welcoming reception area greets visitors, while two smaller rooms offer versatile space, potentially suitable for offices or other specialized uses. The highlight of the property is a vast, open main room measuring an impressive 40 feet by 90 feet. This expansive area provides exceptional flexibility for a variety of business operations, offering ample room for equipment, inventory, or workspace. The property also includes a convenient overhead door, facilitating easy loading and unloading of goods. Situated on a lot with no acreage, this property is conveniently located in Momence, offering easy access to local amenities and transportation routes. The asking price is $159,900. This is an excellent opportunity to acquire a well-maintained, versatile commercial building in a desirable location. Don't miss out on this chance to establish or expand your business in this prime Momence property.

Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Lot 0.09 ac (3,948 SF)
APN 06-10-24-210-022
UPID US28-4506586

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
  • Hotel & Motel Resort
  • Newspaper & Magazine Television Studio

Location

110 Riv St Momence, IL 60954-1516
Momence metro Census 10800 KANKAKEE-BRADLEY, IL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$245k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$245k

Owner & transaction history

since 2025
2 recorded transactions
2025
$70,000
2025
$95,000

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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