121 S Center St - Office FOR SALE


Clinton, IL 61727
$215,000 USD
309-590-7900
121 S Center St, Clinton, IL for Sale
$215,000 USD
Office - FOR SALE
1/24
null | Request Cap Rate

121 S Center St
Clinton, IL 61727


HIGHLIGHTS

  • This beautifully maintained property is filled with timeless character, soaring ceilings, and original architectural details, including a historic vau
  • Spacious main-level layout featuring an open floor plan, private office/conference room, administrative workspace, meeting area, and ample storage
  • Second floor offers the potential for additional rental income or a live/work arrangement
  • Extensive renovations in the late 1990s plus roof and gutters replaced in 2021
  • Property is being offered in as-is condition

OVERVIEW

Step back in time while investing in the future at 121-127 S. Center Street in Clinton. Rich in history and timeless character, this remarkable property was constructed in 1856 and holds the distinction of being Clinton's first brick office building. Beautifully maintained over the years, the building underwent an extensive renovation in the late 1990s, thoughtfully preserving its historic charm while enhancing its functionality for modern-day use. More recently, the roof and gutters were replaced in 2021, providing added value and peace of mind for the next owner. The main level welcomes you with soaring ceilings that create an impressive sense of openness and grandeur. One side of the building features a spacious open floor plan, ideal for workstations, cubicles, reception area, or a collaborative office environment. The opposite side offers a private office or conference room, additional administrative workspace, and a restroom, providing flexibility for a variety of business operations. One of the property's most memorable features is the original historic vault, a true conversation piece that serves as a reminder of the building's storied past while offering practical storage space. The partially finished basement expands the usable square footage with a meeting room, break area, second restroom, and abundant storage, making it well-suited for both employees and day-to-day operations. Upstairs, you'll find an exciting value-add opportunity with the potential to create two one-bedroom apartments, offering future rental income or the flexibility for live/work use. Offered in its as-is condition, this exceptional property presents a rare opportunity to own a piece of Clinton's history while benefiting from decades of careful stewardship and significant capital improvements. Whether you're searching for a distinctive office headquarters, an investment with income potential, or simply appreciate the beauty and significance of historic architecture, this one-of-a-kind landmark offers unmatched character, versatility, and lasting appeal.

FOR SALE DETAILS

PRICE

$215,000 USD

PRICE/SF

$57 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

1856

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

C-1

APN/PARCEL ID

07-34-213-009-0000

ASK ABOUT THIS PROPERTY

309-590-7900

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309-590-7900

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