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    1614 W Lafayette Ave, Unit 1 Jacksonville, IL 62650

    Sponsored
    For Sale
    $74,000

    COMMERCIAL - Jacksonville, IL

    Days on Market:
    254
    Last Refresh:
    Jan 8 at 1:06 pm

    Property Features for 1614 W Lafayette Ave

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    B3
    APN
    09-18-304-018

    Utilities

    Utilities
    Water Available
    Sewer type
    Public Sewer
    Heating system
    Electric (Heating)
    Cooling system
    Central Air

    Building Details

    Floors in Building
    1
    Flooring type
    Carpet
    Building materials
    Brick
    Roof type
    Asphalt

    The Real Estate Group, Inc. (217) 787-7000 [email protected]

    Listing agent Clayton C Yates

    Listing date Apr 30, 2025

    Copyright © 2025 RMLS Alliance. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Professional Office Space Available

    This commercial building contains 4 separate condo units. Unit #1 offers professional office space featuring 4 individual offices, a waiting area, and a reception area. It is suitable for a dentist. The Homeowner's Association (HOA) requires tenant or buyer approval to ensure compatibility within the building. The HOA fee is $400 per month and covers water, yard maintenance, snow removal, and trash services. Additionally, the property includes 1005 square feet of easily accessible basement storage. The property is located in Jacksonville, Illinois.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Jacksonville Family Dental Dental Clinic Weller Susan DDS Dentist Dr. Joseph Long, ... Oral Surgeon Robert Bradley Dentist Veera Kaja Dentist

    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
    Jacksonville
    County
    Morgan
    State
    Illinois
    Longitude
    -90.260835
    Latitude
    39.738503

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    FAQs

    What type of property is this?
    Office space - Professional office space with basement storage in Jacksonville, Illinois.
    Where is this office space located?
    The property is located at 1614 W Lafayette Ave, Unit 1 Jacksonville, IL.
    What is the asking price?
    The asking price for this property is $74,000.
    What are key features of this property?
    This property features: - Ready-to-use professional office space ideal for a dentist with 4 offices, waiting area, and reception.; - Includes **1005 sq. ft. of easily accessible basement storage**.; - HOA covers water, yard maintenance, snow removal, and trash for $400/month.
    (217) 371-1370
    Request Owner's contact information
    1614 W Lafayette Ave, Unit 1 Jacksonville, IL 62650
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    Jacksonville, IL 62650
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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

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    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
    1614 W Lafayette Ave, Unit 1 Jacksonville, IL 62650
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