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    201 Beech St Forrest, IL 61741

    Sponsored
    For Sale
    $250,000

    Unique Hat Museum, 4900+ sq ft

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    339
    This exceptional property presents a rare investment opportunity. Located at 201 N Beech Street in Forrest, Illinois, this meticulously preserved and renovated former church boasts over 4,900 square feet of space spread across two levels. Currently operating as a captivating hat museum, the building showcases a remarkable collection of over 17,000 hats and 35,000 pens and pencils, along with other unique collectibles. The property retains its original charm with high ceilings, stunning stained-glass windows, beautiful woodwork, and well-preserved church pews and altar. Extensive renovations completed in 2017, prior to the museum's opening, revitalized the building. These upgrades included new drywall, insulation, electrical systems, flooring, roofing, paint, a public restroom, a new furnace, and air conditioning. The lower level also features an additional kitchen space and a half-bath, ready for customization. This is a truly one-of-a-kind property, offering a blend of historical significance, unique business potential, and significant square footage. Priced at $250,000, this property is ready for its next chapter. The expansive space and unique character make it suitable for a variety of uses, beyond its current museum function. Schedule a showing to appreciate the beauty and potential of this remarkable building.

    Property Features for 201 Beech St

    General Information

    Property type
    Specialty properties

    Building Details

    Year Built
    1900
    Property Profile Location Intelligence

    Current Use by Public Records

    Schools

    Suggested Use

    Realty agency Restaurant Building Supply Spa & Massage Wholesale Shop Clothing Store Auto Repair Shop Hair Salon Auto Parts Store Department Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Forrest
    County
    Livingston
    State
    Illinois
    Longitude
    -88.409
    Latitude
    40.7507

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    FAQs

    What type of property is this?
    Specialty property - Unique Hat Museum, 4900+ sq ft
    Where is this specialty property located?
    The property is located at 201 Beech St Forrest, IL.
    What is the asking price?
    The asking price for this property is $250,000.
    (815) 692-4388
    Request Owner's contact information
    201 Beech St Forrest, IL 61741
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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
    201 Beech St Forrest, IL 61741
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