Exceptional opportunity in Colona, IL with this completely renovated commercial space, updated from top to bottom. 2024 updates include the installation of new trusses, shingles, windows, siding, and gutters. The drywall has been finished with a smooth texture, and a sidewalk with a front pad has been added. Insulation has been upgraded to R38 in the attic and R19 in the side walls. Electrical updates include new wiring, breaker boxes, and exterior main boxes. Plumbing fixtures, including new sinks, toilets, and a water heater, have been installed, along with new interior doors and bathroom floors and new furnaces. The property has also been surveyed and marked. This property boasts all-new features, ensuring a modern and functional environment. With its versatile layout, the space offers the potential to be divided into two distinct commercial areas, catering to a range of business needs. Providing a dynamic retail location or a professional office setting, this pristine, move-in-ready space is designed to meet your requirements and elevate your business operations. Offering a dynamic retail location or a professional office setting, this pristine, move-in-ready space is perfect for any owner-occupied business or investment opportunity.
Great commercial opportunity in Henry County! Currently Precision Auto Body & High Tech Stripping. Situated on a large one acre commercial lot. Located southwest of Pizza Hut, just one block off 1st Avenue (IL Route 84) in Colona. Excellent opportunity for owner occupied business or warehouse. Over 5,000 sqft with heated shop, office, two restrooms and multiple overhead doors. Separate two car 20' X 20' garage on south end of the property currently rents for $200/month. There is room to build additional storage units. Per seller, new roof 2023, 660 3 phase power. Listing is for real estate only. Business equipment and personal property is available if desired and will be sold separately.
The median home value in Colona, IL is $199,500. This is higher than the county median home value of $136,100. The national median home value is $338,100. The average price of homes sold in Colona, IL is $199,500. Approximately 74.6% of Colona homes are owned, compared to 18.58% rented, while 6.83% are vacant. Colona real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Colona real estate agent to arrange a tour today!
Colona, Illinois has a population of 5,339. Colona is more family-centric than the surrounding county with 41.77% of the households containing married families with children. The county average for households married with children is 28.83%.
The median household income in Colona, Illinois is $68,657. The median household income for the surrounding county is $62,097 compared to the national median of $69,021. The median age of people living in Colona is 42.9 years.
The average high temperature in July is 85.4 degrees, with an average low temperature in January of 14.6 degrees. The average rainfall is approximately 37.2 inches per year, with 29 inches of snow per year.