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    Investment properties

    1677 Smokey Rd, Avon, IL 61415-8904

    5.31 ac lot
    Individually Owned Free & Clear
    Property ID
    US28-3963832
    Property summary
    AI-generated overview

    This exceptional 5-acre property in Avon, Illinois, presents a unique investment opportunity, blending residential comfort with significant commercial potential. The main residence features five spacious bedrooms and two full bathrooms, offering ample living space. Two interconnected heated and cooled warehouse/workshop buildings totaling over 5,400 square feet provide extensive space for business operations or hobbies. These buildings include two convenient loading docks, ideal for storage, shipping, and receiving. A separate 12x15 finished building, complete with a sleeping loft, offers versatile use as a guest house, office, or studio. Located at 1677 E Smokey Road, Avon, IL 61415, this property is priced at $375,000 and sits on a sizable 5-acre lot, providing ample room for expansion or future development. The property's combination of residential and commercial space makes it suitable for a variety of uses, from a family estate with a home-based business to a multi-faceted commercial venture. The existing infrastructure, including the heated and cooled workshops and the additional smaller building, minimizes upfront investment costs for immediate occupancy and operation. This versatile property offers a rare opportunity to combine living and working spaces in a single, expansive location. The property is zoned for commercial and warehouse use, offering flexibility for a wide range of business types. This is a truly unique opportunity to acquire a substantial property with significant potential for growth and return on investment.

    Property profile
    Verified
    Property type Investment properties
    Use group OFFICE/RESIDENTIAL (MIXED USE)
    Lot 5.31 ac (231,304 SF)
    APN 01-01-05-400-005
    UPID US28-3963832
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
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    Owner & transaction history
    MARVIN R YODER
    MARVIN R YODER
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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