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    105 Graham St Eureka, IL 61530

    Sponsored
    For Sale
    $275,000

    High-traffic corner lot, versatile space, low operating costs.

    Property size:
    5,048 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    338
    This exceptional commercial property at 105 W Graham Street, Eureka, IL, presents a prime investment opportunity. The expansive 5,048 square foot building is situated on a high-visibility corner lot at the intersection of Main and Graham Streets, ensuring maximum exposure for your business. The property boasts 16 dedicated parking spaces, a significant advantage in a high-traffic area. Recent upgrades include a new furnace and air conditioning system installed in 2023, significantly reducing operating expenses. Further enhancing efficiency, the property features paid-off solar panels that cover all electricity costs except a minimal line charge. Note that the solar panel system must remain in place for eight years. The building is equipped with three-phase power, catering to a variety of business needs. The interior space is highly adaptable, offering flexibility for diverse uses. Ceiling heights vary, with 7 feet in the rear and 10 feet in the front, both capable of being raised to approximately 14 feet. This makes the space ideal for retail, office, or creative businesses. This is a rare opportunity to acquire a well-maintained, energy-efficient commercial building in a thriving location with low operating costs and high visibility. Don't miss this chance to establish your business in a prime Eureka location.

    Property Features for 105 Graham St

    General Information

    Property type
    Other commercial real estate
    Square Feet
    5,048 SF

    Building Details

    Year Built
    1960
    Property Profile Location Intelligence

    Current Use by Public Records

    Eureka Automotive Auto Parts Store

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Eureka
    County
    Woodford
    State
    Illinois
    Longitude
    -89.27326
    Latitude
    40.72486

    FAQs

    What type of property is this?
    Commercial real estate - High-traffic corner lot, versatile space, low operating costs.
    Where is this commercial real estate located?
    The property is located at 105 Graham St Eureka, IL.
    What is the asking price?
    The asking price for this property is $275,000.
    Request Owner's contact information
    105 Graham St Eureka, IL 61530
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    105 Graham St
    Eureka, IL 61530
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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
    105 Graham St Eureka, IL 61530
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