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    123 8Th St Watseka, IL 60970

    Sponsored
    For Sale
    $69,900

    Prime Watseka location, move-in ready office space.

    Property size:
    2,048 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    338
    This exceptional commercial property, located at 123 N 8th Street in Watseka, Illinois, presents a unique opportunity for business owners. The building, formerly an eye clinic, boasts 2,048 square feet of adaptable space, perfect for a variety of professional uses. Its "turnkey" condition means immediate occupancy, eliminating the need for extensive renovations or upgrades. The property sits on a 0.35-acre lot, providing ample space for parking or potential future expansion. The building's layout is flexible and easily customizable to suit individual business needs. Its prime location in Watseka offers excellent visibility and accessibility, ensuring a strong presence within the community. The asking price for this exceptional opportunity is $69,900. This represents a significant value for a move-in ready commercial space in a desirable location. Don't miss this chance to establish or expand your business in a thriving community. Contact us today to schedule a viewing and explore the possibilities this property offers. The building is ready for immediate occupancy, allowing you to focus on your business goals without delay. This is an exceptional opportunity to acquire a well-maintained and strategically located commercial property in Watseka, Illinois.

    Property Features for 123 8Th St

    General Information

    Property type
    Other commercial real estate
    Square Feet
    2,048 SF
    Lot Size
    15,246 SF

    Building Details

    Year Built
    1965
    Property Profile Location Intelligence

    Current Use by Public Records

    George Rix Optometrist Janna Jasper Optometrist

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Watseka
    County
    Iroquois
    State
    Illinois
    Longitude
    -87.72475
    Latitude
    40.7769

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    FAQs

    What type of property is this?
    Commercial real estate - Prime Watseka location, move-in ready office space.
    Where is this commercial real estate located?
    The property is located at 123 8Th St Watseka, IL.
    What is the asking price?
    The asking price for this property is $69,900.
    (815) 432-2900
    Request Owner's contact information
    123 8Th St Watseka, IL 60970
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    Watseka, IL 60970
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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
    123 8Th St Watseka, IL 60970
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