2 Riv Run, Downs, IL 61736-7801
This exceptional 5,110 sq ft commercial property in Downs, IL, presents a unique investment opportunity. Located on a 0.79-acre lot (plus an additional 16,000 sq ft lot available separately), this single-story, 2013-built building offers flexible space ideal for a variety of uses. Currently zoned C-2 Village of Downs, the property features two suites, with a minimum divisible space of 682 sq ft and a maximum contiguous space of 5,110 sq ft. The entire 5,110 sq ft is currently vacant, providing immediate occupancy. The building's existing configuration includes a fully equipped kitchen/restaurant space and a daycare center complete with an outdoor play area, making it perfect for a combined venture or individual leasing. The property boasts convenient access from the Downs exit on I-74, ensuring high visibility and accessibility. Individual units are condo'd, offering potential for separate ownership or leasing arrangements. The McLean County property (APN: 29-04-377-019; -020; -021; -022) is ready for its next chapter. Don't miss this chance to acquire a versatile commercial property in a thriving location.
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Avery Garage Door Repair Services Hardware & Home Improvement Production Facility
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Courtesy Roofing & Construction Roofing Company General Contractor
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
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.