Listing provided courtesy of Prestige Realty QCMREDas Distributed by MLSGrid- MLS# QC4264463MLS Provider

500 Green Park AvenueColona, IL 61241

Commercial · 11,683 Sq. ft. | 0.62 Acres
$500,000 Active

500 Green Park Avenue Overview

Time on Site:
193 days
Visits:
54

For Sale or Lease. Great location on the Main Street of Colona. Easy access to interstate 80. There is currently 6400 square feet of retail space available for lease. Sale includes Retail space, China King Restaurant and 4 Plex. Listing Agent is majority owner in the property.

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500 Green Park Avenue Facts & Features

  • Type Commercial
  • Sq. ft. 11,683
  • Price/Sq.ft. $43
  • Lot 0.62 Acres

Details

General

Association/HOA

  • Association Fee Frequency: Not Applicable

Income/Expenses

  • Existing Lease Type: Gross
  • Gross Income: 69900
  • Gross Scheduled Income: 69900

Building Information

  • Year Built: 1953

Location/Region

  • County Or Parish: Henry
  • MLS Area Major: Colona

Tax Information

  • Tax Annual Amount: $15,068.30
  • Tax Year: 2024

General Information

  • Parcel Number: LOTS 1 & 2 GREEN PARK SUB
  • Possible Use: Multi-Family
  • Property Type: Commercial Sale
  • Zoning: comme

Interior

Building Interior

  • Building Area Total: 11683

General Information

  • Cooling: Central Air
  • Flooring: Other
  • Leasable Area: 0

Unit Information

  • Unit SqFt.: 11683

Exterior

Lot Information

  • Frontage Type: City Street
  • Lot Size Acres: 0.62
  • Lot Size Square Feet: 27010
  • Water Source: Municipal Water

Building Exterior/Construction

  • Construction Materials: Brick

General Information

  • Number Of Units Total: 6

500 Green Park Avenue Neighborhood

Community

61241 (Colona) Demographics

43
Median Age
370
Population Density (per sq. mile)
34%
College Educated
$66,650
Estimated Median Income
2,457
Estimated Total Home Owners
452
Estimated Total Renters
84% / 16%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

500 Green Park Avenue Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

500 Green Park Avenue Market Data

Based on the last 30 days in this zip code

$180,352
Average List Price
$132
Average Price per Square Foot
4
Properties Sold
42
Average Days on Market
17
Properties for Sale
Calculations provided by Reliance Network

500 Green Park Avenue History

Date Event Value Agent
12/18/2025Source: MRED Added to Database
December 18, 2025
12/18/2025Source: MRED Added to Database
December 18, 2025