Property summary
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
VerifiedCap rate & NOI
Current use
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Hotel & Motel Resort
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Newspaper & Magazine Television Studio
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Value estimation
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Cap rate
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Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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