1101 W PROSPECT ST, Kewanee, IL 61443
1101 W PROSPECT ST, Kewanee, IL 61443
1101 W PROSPECT ST, Kewanee, IL 61443
Listed by Jordan Myers • eXp Realty
$42,500
Est. payment /mo
$55,000
22.7%
Est.Price: ?

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1,132 SqFt
SOLD DATE : 05/26/2026

Key Details

Sold Price $42,500

Property Type Commercial

Sub Type Commercial

Listing Status Sold

Purchase Type For Sale

Square Footage 1,132 sqft

Price per Sqft $37

MLS Listing ID PA1265984

Sold Date 05/26/26

Annual Tax Amount $1,799

Tax Year 2024

Property Sub-Type Commercial

Source rmlsa

Property Description

Residential Conversion Opportunity in Kewanee | Live/Work Potential. Opportunities like this are rare in Kewanee. Formerly an HVAC sales office, this one-of-a-kind property sits right in the middle of a residential neighborhood and offers something most properties simply can't: flexibility. Zoned R-2, the city will allow conversion to a residential home with proper permits, giving you the chance to design a truly custom living space from the ground up. Prefer to keep it as a business? That option is also on the table with city approval, making this a standout opportunity for entrepreneurs, small business owners, or anyone looking for a live/work setup. Inside, you'll find multiple rooms already framed out, a large open front area perfect for a future living space or storefront-style office, and a functional layout that can be reimagined to fit your vision. The full basement adds additional space for storage, workshop use, or future finishing potential. Outside, the detached garage and corner-style positioning give you added flexibility for parking, storage, or expansion ideas. Yes-this property will require vision. But that's exactly where the opportunity lies. Whether you're looking to create a unique home, launch a business, or do both under one roof, this is your chance to build something completely different from the typical listing. Buyers are encouraged to verify all intended uses with the city and obtain any required approvals. Sold as-is.

Location

State IL

County Henry

Area Paar Area

Zoning R2

Direction corner of prospect and west st

Interior

Heating Forced Air

Cooling Central Air

Flooring Carpet, Other

Fireplace N

Exterior

View true

Roof Type Flat,Metal

Garage 1

Building

Faces corner of prospect and west st

Sewer Public Sewer

Structure Type Vinyl Siding,Block

Others

Tax ID 20-32-452-012

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Nearby Locations

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Janet Arns

Janet Arns

+1(217) 617-0751

Broker | License ID: 475 130570

Broker License ID: 475 130570

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