10900-10910 N Main St - Freestanding FOR SALE


Richmond, IL 60071
$1,500,000 USD
262-573-0640
10900-10910 N Main St, Richmond, IL for Sale
$1,500,000 USD
Freestanding - FOR SALE
1/3
null | Request Cap Rate

10900-10910 N Main St
Richmond, IL 60071


HIGHLIGHTS

  • Former bank branch with existing drive-thru infrastructure.
  • Recent roof and parking lot replacements completed in 2022.
  • Situated on approximately 3.19 acres along N. Main Street.
  • Visibility to approximately 17,400 vehicles per day.
  • Flexible owner-user or investment opportunity with existing tenants.
  • Ample on-site parking with approximately 97 parking stalls.

OVERVIEW

Located along Richmond’s primary commercial corridor, 10910 N. Main Street presents a unique owner-user or investment opportunity within a former bank branch property situated on approximately 3.19 acres. Built in 2004, the single-story building offers established infrastructure, ample on-site parking, and existing drive-thru functionality with two drive-up lanes plus an ATM pass-through lane. Recent capital improvements include a new roof and parking lot replacement completed in 2022, helping reduce near-term maintenance requirements. The property benefits from strong visibility along N. Main Street, where traffic counts reach approximately 17,400 vehicles per day, with additional exposure from nearby Kenosha Street traffic. The building currently features a mix of occupied and vacant suites, providing flexibility for an owner-user seeking immediate occupancy while maintaining potential income from existing tenants. Existing occupants include professional service, insurance, accounting, chiropractic, and community organizations, reflecting a diverse tenant mix and established commercial presence.

FOR SALE DETAILS

PRICE

$1,500,000 USD

PRICE/SF

$95 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2004

SPRINKLERS

-

PARKING SPACES

97

LAND DETAILS

LAND ACRES

3.19 AC

LAND SF

138,956 SF

ZONING

GB

APN/PARCEL ID

04-09-201-002,04-09-201-006,04-09-201-007,04-09-201-014

ASK ABOUT THIS PROPERTY

Russell SagmoenColliersMore Info
262-573-0640

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Russell SagmoenColliersMore Info
262-573-0640

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.