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    40 N 9Th St Hamilton, IL 62341

    For Sale
    $45,000

    Mixed Use, Commercial Sale - Hamilton, IL

    Days on Market:
    90
    Last Refresh:
    Dec 6 at 12:06 am

    Property Features for 40 N 9Th St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    APN
    11-29-094-002

    Utilities

    Heating system
    Forced Air
    Cooling system
    Central Air

    Building Details

    Year built
    1890
    Number of units
    1
    Flooring type
    Carpet, Vinyl
    Building materials
    Vinyl Siding
    Roof type
    Shingle
    Architectural style
    Other

    The People's Real Estate (319) 524-2331

    Listing agent John Filkins (319) 524-2331 License #***

    Listing date Sep 8, 2025

    MLS# 6320222 Listing URL

    Copyright © 2025 NoCoast MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Mixed-Use Property in Downtown Hamilton

    This two-story property, located in downtown Hamilton, Illinois, has historically served as both a business and a private residence. The main floor features a large main office, a foyer, and a smaller office, which could be converted into two bedrooms and a living space. There are two quarter baths, suitable for a restaurant or office setting, but with the potential to be reconfigured into a full bath and laundry area. A kitchen area at the back of the house provides walk-out access to the back parking area. The kitchen currently lacks appliances, but these could be added. The upstairs includes one large room and one smaller room, which could function as bedrooms, office space, retail space, or storage. The property is located in the TIF district, and grant applications may be available through City Hall. The property is located at 40 N 9th, Hamilton, IL 62341.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Mixed-use properties

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Hamilton
    County
    Hancock
    State
    Illinois
    Longitude
    -91.346406
    Latitude
    40.393532

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    FAQs

    What type of property is this?
    Mixed-use property - Two-story mixed-use property with business and residential potential.
    Where is this mixed-use property located?
    The property is located at 40 N 9Th St Hamilton, IL.
    What is the asking price?
    The asking price for this property is $45,000.
    What are key features of this property?
    This property features: - Prime downtown Hamilton location offers potential for business or residential use.; - Located in the TIF district, offering potential grant opportunities (contact City Hall).; - Flexible floor plan adaptable to various business or residential needs.
    (319) 524-2331
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    Hamilton, IL 62341
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    40 N 9Th St Hamilton, IL 62341
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