Monticello, IL Commercial Real Estate for Sale

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De Land, IL Bement, IL Ivesdale, IL Seymour, IL Bondville, IL De Witt, IL Cerro Gordo, IL Champaign, IL
Mixed Use, Office, Retail
Updated: Apr 3
Mixed Use, Office, Retail

217 W Washington Street, Monticello, IL 61856

$165,000
3,422 sqft
1890 all‑brick mixed‑use building in downtown Monticello with two independently operated income units
1,622 SF loft apartment with private entrance and access to an exterior balcony; leased at $875/month with separate utilities (tenant pays all expenses)
Recent loft updates include three new windows; loft has tall ceilings and an open‑concept layout with large airy living area
Approximately 1,800 SF main‑level commercial retail space with prominent Washington Street storefront next to a restaurant and bar
Commercial retail space is currently leased; tenants cover all utility expenses and the building has separate utilities for both units
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Based on your search, we've compiled 76 Potential Opportunities for your consideration. Besides 1 Active listings in Monticello, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 71 Off-Market properties to explore as potential leads

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Champaign Commercial Land For Sale
Champaign Commercial Land For Sale

4202 Nicklaus Drive, Champaign, IL 61822

$750,000
1.92 AC lot

1.92-acre commercial lot in desirable Champaign location.

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Champaign Commercial Land For Sale
Champaign Commercial Land For Sale

4202 Nicklaus Dr, Champaign, IL 61822

$750,000
1.92 AC lot

1.92-acre commercial lot in Champaign, ideal for development.

View details
Retail Storefront Property
Retail Storefront Property

219 East South Street, Cerro Gordo, IL 61818

$185,000
2,944 sqft

Retail storefront property offered for sale with a total building area of 2,944 square feet.

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Turn-Key Restaurant with Catering
Turn-Key Restaurant with Catering

217 E South St, Cerro Gordo, IL 61818

$185,000

Turn-key, fully equipped restaurant offering seating for 80+ and catering equipment for up to 300 guests.

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Off-Market Properties in Monticello, IL

Consider similar Off-Market properties in Monticello, IL. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

747 Brg St
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747 Brg St, Monticello, IL 61856-1035

Value Estimation by Request
0.53 AC lot
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742 County Farm Rd
VACANT COMMERCIAL LAND

742 County Farm Rd, Monticello, IL 61856-8232

Value Estimation by Request
2.98 AC lot
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730 Old Rte 47
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730 Old Rte 47, Monticello, IL 61856-8228

Value Estimation by Request
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111 State St
COMMERCIAL (GENERAL)

111 State St, Monticello, IL 61856-1968

Value Estimation by Request
0.05 AC lot
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450 Main St
COMMERCIAL (GENERAL)

450 Main St, Monticello, IL 61856-1868

Value Estimation by Request
0.55 AC lot
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301 Charter St
COMMERCIAL (GENERAL)

301 Charter St, Monticello, IL 61856-1856

Value Estimation by Request
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707 Brg St
COMMERCIAL (GENERAL)

707 Brg St, Monticello, IL 61856-1035

Value Estimation by Request
0.72 AC lot
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500 Ctr St
COMMERCIAL (GENERAL)

500 Ctr St, Monticello, IL 61856-1078

Value Estimation by Request
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350 Monroe St
VACANT COMMERCIAL LAND

350 Monroe St, Monticello, IL 61856-1872

Value Estimation by Request
0.37 AC lot
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901 Medical Ctr Dr
COMMERCIAL (GENERAL)

901 Medical Ctr Dr, Monticello, IL 61856-2117

Value Estimation by Request
5.67 AC lot
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1109 State St
COMMERCIAL (GENERAL)

1109 State St, Monticello, IL 61856-1175

Value Estimation by Request
0.30 AC lot
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101-103 Ee Ctr
VACANT COMMERCIAL LAND

101-103 Ee Ctr, Monticello, IL 61856

Value Estimation by Request
0.43 AC lot
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415 William St
COMMERCIAL (GENERAL)

415 William St, Monticello, IL 61856-1871

Value Estimation by Request
1.74 AC lot
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216 Washington St
COMMERCIAL (GENERAL)

216 Washington St, Monticello, IL 61856-1653

Value Estimation by Request
0.11 AC lot
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212 Washington St
COMMERCIAL (GENERAL)

212 Washington St, Monticello, IL 61856-1653

Value Estimation by Request
0.05 AC lot
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116 Washington St
COMMERCIAL (GENERAL)

116 Washington St, Monticello, IL 61856-1641

Value Estimation by Request
0.10 AC lot
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213 Washington St
COMMERCIAL (GENERAL)

213 Washington St, Monticello, IL 61856-1652

Value Estimation by Request
0.05 AC lot
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112 Washington St
COMMERCIAL (GENERAL)

112 Washington St, Monticello, IL 61856-1651

Value Estimation by Request
0.05 AC lot
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204 Washington St
COMMERCIAL (GENERAL)

204 Washington St, Monticello, IL 61856-1653

Value Estimation by Request
0.10 AC lot
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202 Washington St
COMMERCIAL (GENERAL)

202 Washington St, Monticello, IL 61856-1643

Value Estimation by Request
0.10 AC lot
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310 Washington St
COMMERCIAL (GENERAL)

310 Washington St, Monticello, IL 61856-1655

Value Estimation by Request
0.21 AC lot
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119 Washington St
COMMERCIAL (GENERAL)

119 Washington St, Monticello, IL 61856-1694

Value Estimation by Request
0.11 AC lot
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214 Washington St
COMMERCIAL (GENERAL)

214 Washington St, Monticello, IL 61856-1653

Value Estimation by Request
0.03 AC lot
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Monticello, IL Commercial Real Estate Market Trends and Statistics

Explore 72 commercial real estate for sale in Monticello, IL on our real estate platform. These investment opportunities span a total of 3,422 square feet of properties for sale, with an estimated market value of $165,000.

Sale prices for business properties in Monticello, IL start at $165,000, averaging $165,000, and reaching up to $165,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Demographics Overview

Population 8,110
Population Growth (5Y) +2.9%
Median Household Income $94,841
College Educated 53.3%

Taxes & Financing

Tax Rate (average for all types) 6.81%
Tax Rate vs County Average 0.35 pp below county avg
Average Loan-to-Value 65.0%

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