Contact us: 563.441.1776
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 cant: 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, youll 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 thats exactly where the opportunity lies. Whether youre 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.
Property Highlights
Property Type: Commercial - Office
Building Description: 1.0 stories
Available Sqft: 1132
General Information
County: Henry
Listed By:
eXp Realty
Mobile: 309-648-3169
RMLSA
MLS ID: PA1265984
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1101 W Prospect Street, Kewanee, IL 61443.
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| Loan Type | 30 Year Fixed | FHA 30 Year Fixed | 15 Year Fixed |
| Purchase Price | $55,000 | $55,000 | $55,000 |
| Down Payment | $11,000 | $1,925 | $13,750 |
| Monthly Mortgage Amount | $264 | $324 | $337 |
| Taxes | $77 | $77 | $77 |
| Insurance | $100 | $100 | $100 |
| HOA/Dues/Fees | $0 | $0 | $0 |
| Monthly Mortage Insurance | $0 | $24 | $0 |
| Monthly Estimated Total | $441 | $525 | $514 |
Disclaimer:
All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 04/29/2026. The listing information on this page last changed on 04/29/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Wed 04/29/2026 12:09:23 AM EST) or MRED MLS (last updated Wed 04/29/2026 12:04:58 AM EST) or SCWMLS (last updated Tue 04/28/2026 11:54:43 PM EST) or Rockford Board of Realtors (NWIAR) (last updated Tue 04/28/2026 10:15:23 PM EST) or Cedar Rapids MLS (last updated Tue 04/28/2026 10:44:14 PM EST) or NEIRBR MLS (last updated Wed 04/29/2026 12:08:40 AM EST) or ICAAR MLS (last updated Tue 04/28/2026 11:37:25 PM EST) or ECIMLS (last updated Tue 04/28/2026 11:44:14 PM EST) or RMLSA (last updated Wed 04/29/2026 12:00:55 AM EST) or Muscatine MLS (last updated Wed 04/29/2026 12:00:09 AM EST) or No Coast MLS (last updated Wed 04/29/2026 12:04:23 AM EST). Real estate listings held by brokerage firms other than Ruhl&Ruhl Realtors may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
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Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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