Technical
Financial
Distress signals
Property profile

810 University Ave Henry, IL 61537

OFF-MARKET
Commercial real estate
Property ID
US28-2624022
0.89 ac lot
Individually Owned Absentee Owner Free & Clear
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This 2,310 square foot commercial property is situated at 810 University Avenue in Henry, Illinois, directly on Route 29. Its prime location ensures high traffic volume, providing excellent visibility for any retail business. The space has been beautifully updated and is currently configured as a combined antique store and floral boutique, demonstrating its versatility. The property offers a significant opportunity for a variety of retail uses. The building sits on a lot with no acreage specified. The asking price for the property is $146,000. It's important to note that the existing business and its inventory are available for separate purchase, offering flexibility to prospective buyers. This presents a unique chance to acquire a well-located, updated retail space with immediate operational potential or to establish a new venture in a high-traffic area. Interested parties are encouraged to schedule a viewing to fully appreciate the property's potential. The property is classified as General Commercial.

Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Lot 0.89 ac (38,768 SF)
APN 03-16-154-040
UPID US28-2624022

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

810 University Ave Henry, IL 61537-1062
Henry metro Census 961200 PEORIA, IL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$255k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$255k

Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 810 University Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message