Building Details

Tenancy Multi

Listing Agency: BARBERMurphy Show Phone

Listed By: Matt Barriger · License #475148523 Show Phone

Source: Moodyscre

Added: Jun 6, 2022 Changed: Sep 12 Last Checked: Sep 13 at 7:10AM

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Investment Insights

Based on property information with market context.

This fully leased mixed-use building includes commercial/office/retail space along with (2) 1-bedroom apartments, (1) studio apartment, and (1) single-family property. All components are reported as fully leased, and the building has had upgrades completed throughout.

The property is located at 102 S Main St in Smithton, Illinois.

The current configuration provides a combined income mix across commercial and residential uses, all under long-term tenancy as described in the public remarks.

Key Highlights

• Fully leased mixed‑use building with long‑term tenants
• Includes commercial/office/retail space
• Residential units include 1‑bedroom apartments and a studio apartment

Property Analytics

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Current Use

A-C License & Title ... Insurance Agency CJ’s Pub and Grill Nightclub

Suggested Use

Top Pick Real Estate Agency Auto Repair Shop Parking Lot & Garage Dental Office HVAC Service Auto Parts Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

3

Residential units

100%

Occupancy

Multi-tenant

Tenancy

Location Intelligence

Trade Area within ½ mile

155

Businesses Nearby

18k

Monthly Visits Nearby

Explore this area Business Placement

Foot Traffic Nearby

Shops & Services 84% Dining 11% Beauty & Spa 4%

Casey's General Store Shops & Services

13,779 visits/mo 0.1 miles

SUBWAY Dining

2,031 visits/mo 0.1 miles

Regions Bank Shops & Services

1,324 visits/mo 0.1 miles

Lush Beauty & Spa

747 visits/mo 0.1 miles

Demographics for 62285, IL

4,718

Population

1,703

Households

2.8

Avg Household Size

43

Median Age

42%

College-Educated

98%

High-School Grad

16.2 sq mi

ZIP Area

291

Density / Sq Mi

$118,413

Median Household Income

$62,917

Median Earnings

$859

Median Rent

$265,300

Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020

7.3% 2021

6.5% 2022

6% 2023

5.7% 2024

6.3% 2025

Questions? Ask Rey

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What type of property is this? Where is this mixed-use properties located? What is the asking price? Find similar properties What are key features of this property?

Frequently Asked Questions

What type of property is this?

Mixed-use property - Fully leased mixed-use building with commercial/office/retail space and multiple residential units, with upgrades completed throughout.

Where is this mixed-use property located?

The property is located at 102 S Main St Smithton, IL.

What is the asking price?

The asking price for this property is $195,000.

What are key features of this property?

This property features: Fully leased mixed‑use building with long‑term tenants; Includes commercial/office/retail space; Residential units include 1‑bedroom apartments and a studio apartment