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    200 Adams St Jerseyville, IL 62052

    For Sale
    $160,000

    Versatile building, high traffic area, $160,000

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    312
    This exceptional commercial property, located at 200 Adams Street in Jerseyville, Illinois, presents a unique investment opportunity. Situated on a 0.23-acre lot, the building boasts over 3,500 square feet of adaptable space. Currently configured with storage, office space, and two separate dance studios, the property's layout is highly flexible. Importantly, the interior walls are not load-bearing, allowing for complete customization to suit a wide range of business needs. The property benefits from excellent visibility and high traffic counts due to its location on a main thoroughfare, State Street. Previous use as a dance studio demonstrates its suitability for activities requiring ample space, but the possibilities are truly extensive. Potential uses include, but are not limited to, schools, churches, automotive repair shops, retail establishments, entertainment venues, and numerous other commercial ventures. The property includes two bathrooms, adding to its functionality and appeal. This is a rare chance to acquire a substantial commercial building in a desirable location with significant potential for growth and return on investment. The asking price is $160,000.

    Property Features for 200 Adams St

    General Information

    Property type
    Other commercial real estate
    Lot Size
    10,019 SF

    Building Details

    Year Built
    1987
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    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
    Jerseyville
    County
    Jersey-IL
    State
    Illinois
    Longitude
    -90.32166
    Latitude
    39.1142

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    FAQs

    What type of property is this?
    Commercial real estate - Versatile building, high traffic area, $160,000
    Where is this commercial real estate located?
    The property is located at 200 Adams St Jerseyville, IL.
    What is the asking price?
    The asking price for this property is $160,000.
    433-9436
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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
    200 Adams St Jerseyville, IL 62052
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