112 S 1st St - Retail FOR SALE


Monmouth, IL 61462
$272,500 USD
630-729-7944
112 S 1st St, Monmouth, IL for Sale
$272,500 USD
Retail - FOR SALE
1/1
null | 7.93% Cap Rate

112 S 1st St
Monmouth, IL 61462


HIGHLIGHTS

  • Anchored by Edward Jones
  • Historic Downtown Location
  • Convenient On-Street Parking
  • LAND AREA: 0.08 Acres

OVERVIEW

This 5,760-square-foot commercial building is located in a historic downtown setting and offers a strong income-producing opportunity. Originally built in 1945 and situated on approximately 0.08 acres, the property is anchored by Edward Jones and generates an annual net operating income of approximately $21,600. The highly visible downtown location benefits from convenient on-street parking and provides tenants with easy access to surrounding businesses, amenities, and community attractions. The property combines stable tenancy, historic character, and a desirable downtown presence within a well-established commercial corridor.

FOR SALE DETAILS

PRICE

$272,500 USD

PRICE/SF

$47 USD /SF

CAP RATE

7.93%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1945

SPRINKLERS

-

PARKING SPACES

8

LAND DETAILS

LAND ACRES

0.08 AC

LAND SF

3,441 SF

ZONING

-

APN/PARCEL ID

09-205-170-00

ASK ABOUT THIS PROPERTY

Rawly Lantz, SIORCawley Commercial Real EstateMore Info
630-729-7944

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Rawly Lantz, SIORCawley Commercial Real EstateMore Info
630-729-7944

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.