162 Exchange Street Colona, IL $ 315,000
162 Exchange Street
$ 315,000
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162 Exchange Street

Colona, IL, 61241
$ 315,000
Bedrooms-- Baths-- Sq 5,800

Monthly Estimate*

$ 1,940

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Commercial Property for sale in Colona, IL

for $315,000. This 5,800 square foot building was built on a lot size of 0.265335.

Versatile commercial property with approximately 5,600 square feet of usable space and a layout that works for a wide range of business uses. The main shop offers large open work areas with multiple bays, plus an L-shaped workshop and office section for storage, operations, or admin space. A separate storage garage sits off the main shop, adding even more flexibility. The detached building features two garage bays (approx. 19' x 23' each), one previously used as a wash bay, with a new garage door and opener installed. It also includes a heater unit, making it functional year-round. An air compressor with active lines throughout the property adds to the efficiency for shop use. Additional features include an oil burner, wood-burning fireplace, central air in the main shop area, and AC in the office space. A shed with wood is also included. Five overhead doors, concrete floors, and 3-phase power make this a strong fit for contractors, auto service, or light industrial use. Located on a corner lot with solid access and plenty of off-street parking for trucks, trailers, or equipment. Zoned commercial with an existing industrial-style setup, ready to be put to use.

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Commercial Active

Price

$ 315,000

Property Type

Commercial

Taxes

$ 1,414

Style

Lot Size

0.265335

Town/City

Colona

County/Region

Henry

MLS | Web ID

12609658

Features
General
Cooling Window Unit(s)
Roof Composition Metal
Zoning COMMR
Construction Materials Steel Siding Frame Block
Year Built 0
Electric Circuit Breakers Service - 201 to 600 Amps Three Phase
Stories Count 1
Township Edford
Property Subtype Warehouse
Tax Year 2025
Gross Income 0
County Henry
Net Operating Income 0
Operating Expense 0
Property Type Commercial Sale Industrial
Status Active
Directions At the corner of Green River Rd and Exchange St.
City Colona
Number Of Units Total 1
MLS Area Colona
Lot Size Square Feet 11558
Tax Annual Amount 1414.26
Additional Parcels Y/N N
Leasable Area 5615
Lease Type N/A
Standard Status Active
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Exterior
Foundation Details Block
Building Area Total 5800
Lot Dimensions 101x106x100x124
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* Excluded Features
List By
Epique Realty Inc

Broker

agent@brycebowers.com

Email

Affordability Calculator

$2,057
Per Month
94%
6%
0%
Monthly Principal & Interest
$1,940
Monthly Property Taxes
$118
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
565567 Elementary School
567955 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/4/2026$315,000 Listed Price

Map


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162 Exchange Street, Colona, IL, 61241 is a Commercial Property for sale at $315,000 with 5,800 sqft and a lot size of 0.265335. The property's zip code is 61241 which is in Colona, IL