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    Property profile & analytics

    503 7Th St Wyoming, IL 61491

    • Retail space
    • 10,500 SF
    • 1.60 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US28-3485843
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Retail space

    Property Details for 503 7Th St

    Year built
    2023
    Lot size
    1.60 lot acres
    Property size
    10,500 SF
    Property type
    Retail space
    Property subtype
    Storefront properties

    Description

    This exceptional investment opportunity presents a brand-new, 10,500 square foot Dollar Tree/Family Dollar dual-concept store located in Wyoming, Illinois, within the Peoria MSA. Built in 2023, this property boasts upgraded construction featuring EIFS and stone, situated on a 1.595-acre lot at a hard corner location along Illinois Route 91. Benefiting from a long-term lease with approximately 9.3 years remaining, this investment offers a strong 8.05% cap rate and substantial NOI. The tenant, a credit-rated, investment-grade company, provides exceptional security. The property strategically out-positions a nearby competitor and enjoys proximity to a popular state park. Four 5-year lease options with $.50/SF rent bumps ensure future income growth. This is a compelling opportunity for a 1031 exchange.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Wyoming
    County
    Stark
    State
    Illinois
    Longitude
    -89.773063894699
    Latitude
    41.057119608238

    Comparable in this City

    • $1,100,000
      10,500 SF

      New Retail Building in Wyoming

      Turnkey retail opportunity in Wyoming, Illinois, built in 2023.
      101 E Franklin St, Wyoming, IL 61491
      View Details
    • $1,016,320
      9,014 SF

      Prime Wyoming, IL Dollar General

      High-yield, net-leased storefront investment.
      601 7Th St, Wyoming, IL 61491
      View Details
    • $397,000

      Wyoming Restaurant & Bowling Alley

      Thriving Business, Turnkey Operation
      115 Williams St, Wyoming, IL 61491
      View Details
    • $325,000
      6,200 SF

      Wyoming Commercial Investment Opportunity

      Thriving Bar, Grill, & Bowling Alley
      115 Williams St, Wyoming, IL 61491
      View Details

    Similar Nearby for Sale

    • $1,100,000
      10,500 SF

      New Retail Building in Wyoming

      Turnkey retail opportunity in Wyoming, Illinois, built in 2023.
      101 E Franklin St, Wyoming, IL 61491
      View Details
    • $1,016,320
      9,014 SF

      Prime Wyoming, IL Dollar General

      High-yield, net-leased storefront investment.
      601 7Th St, Wyoming, IL 61491
      View Details
    • $397,000

      Wyoming Restaurant & Bowling Alley

      Thriving Business, Turnkey Operation
      115 Williams St, Wyoming, IL 61491
      View Details
    • $325,000
      6,200 SF

      Wyoming Commercial Investment Opportunity

      Thriving Bar, Grill, & Bowling Alley
      115 Williams St, Wyoming, IL 61491
      View Details
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    503 7Th St
    Wyoming, IL 61491
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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