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10900-10910 N Main St 15,750 SF 100% Leased Retail Building Richmond, IL 60071 $1,500,000 ($95.24/SF)
Investment Highlights
- Former bank branch with existing drive-thru infrastructure.
- Situated on approximately 3.19 acres along N. Main Street.
- Flexible owner-user or investment opportunity with existing tenants.
- Recent roof and parking lot replacements completed in 2022.
- Visibility to approximately 17,400 vehicles per day.
- Ample on-site parking with approximately 97 parking stalls.
Executive Summary
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.
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.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Freestanding
Building Size
15,750 SF
Building Class
C
Year Built
2004
Price
$1,500,000
Price Per SF
$95.24
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.11
Lot Size
3.19 AC
Zoning
GB - General Business
Parking
97 Spaces (5.88 Spaces per 1,000 SF Leased)
Frontage
350’ on N Main St
Amenities
- Signage
- Drive Thru
Somewhat walkable
30/100
Exceptionally drivable
90/100
Moderately bikeable
60/100
Property Taxes
| Parcel Numbers | Improvements Assessment | $555,187 | |
| Land Assessment | $80,365 | Total Assessment | $635,552 |
Property Taxes
Parcel Numbers
Land Assessment
$80,365
Improvements Assessment
$555,187
Total Assessment
$635,552
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