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    Property profile & analytics
    OFF-MARKET
    Commercial real estate

    609 8th Ave, Mendota, IL 61342-1965

    4,400 SF 0.43 ac lot Built 1982
    Entity Owned 1-yr Hold Free & Clear
    Property ID
    US28-3811035
    Property summary
    AI-generated overview

    This exceptional single-tenant executive office space, located at 609 8th Ave in Mendota, Illinois, presents a fantastic opportunity for businesses seeking a prominent location. The property boasts a total building size of 4,501 square feet, with a substantial 3,874 square feet currently available for lease. Situated in a convenient location within the vibrant city of Mendota (zip code 61342), this ground-level (one-story) building offers easy access and ample space for a variety of professional uses. The property is classified as both retail and office space, making it versatile and adaptable to different business needs. The single-tenant occupancy ensures privacy and control over the entire leased area. This is an ideal space for businesses seeking a well-maintained, readily available office environment in a thriving Illinois community. The property's strategic location provides excellent visibility and accessibility, making it an attractive option for companies looking to establish or expand their presence in the Mendota area. With its generous square footage and prime location, this property offers a unique opportunity for growth and success. Interested parties are encouraged to inquire for further details and scheduling a viewing.

    Property profile
    Verified
    Property type Commercial real estate
    Use group COMMERCIAL (GENERAL)
    Year built 1982
    Total area 4,400 SF
    Lot 0.43 ac (18,731 SF)
    APN 01-33-310-028
    UPID US28-3811035
    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
    Current use
    Occupant on record · Public records
    • Midland States Bank ATM Atm
    • Michael G. Bokus Attorney/Cpa Law Firm
    • Midland States Bank Bank Loan Service
    • Timothy G Munson Law Office Law Firm
    • Terra Securities Corporation Financial Advisor
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Midland States Bank · 1 yrs held
    Midland States Bank
    since 2024
    Last sale
    $275,000
    6 recorded transactions
    2024
    $275,000
    2015
    2015
    2015
    $120,000
    2005
    $80,000
    2005
    $160,000
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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