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    115 Hamilton St Hillsboro, IL 62049

    For Sale
    $50,000

    so this one won't last long. Make your appointment today!""""}"""

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    311
    Downtown Hillsboro Commercial Building

    Property Features for 115 Hamilton St

    General Information

    Property type
    Other commercial real estate
    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
    Hillsboro
    County
    Montgomery-IL
    State
    Illinois
    Longitude
    -89.49415
    Latitude
    39.16042

    Nearby Comparable

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      0.59 Acres

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    • $500,000
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      60,000 SF Warehouse on 11 Acres

      60,000 SF warehouse on 11 acres, finish-to-suit opportunity.
      1915 Schram Ave, Hillsboro, IL 62049
      View Details
    • $500,000
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      Hillsboro Warehouse: Redevelopment Opportunity

      11-Acre Industrial Site, 60,000 SF Warehouse
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    • $170,000

      20 Acres of Country Land

      20 acres of land with woods and tillable fields.
      Tbd Rock Ln, Hillsboro, IL 62049
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    • $189,000
      Pending

      Commercial Building in Irving, Illinois

      Commercial building with corner location and large parking area.
      101 W State St, Irving, IL 62051
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    • $325,000
      2.50 Acres

      Litchfield Entertainment Center - Great Investment!

      Bowling Alley, Event Center, & Bar - High Traffic Area
      3320 Illinois 16, Litchfield, IL 62056
      View Details

    Nearby Similar for Sale

    • $500,000
      60,000 SF

      60,000 SF Warehouse on 11 Acres

      60,000 SF warehouse on 11 acres, finish-to-suit opportunity.
      1915 Schram Ave, Hillsboro, IL 62049
      View Details
    • $159,900
      0.59 Acres

      Hillsboro Bowling Alley - Turnkey Business

      Established Bowling Alley, 9400+ sq ft, 0.59 acres
      217 Main St, Hillsboro, IL 62049
      View Details
    • $500,000
      60,000 SF

      Hillsboro Warehouse: Redevelopment Opportunity

      11-Acre Industrial Site, 60,000 SF Warehouse
      1915 Schram Ave, Hillsboro, IL 62049
      View Details

    FAQs

    What type of property is this?
    Commercial real estate - so this one won't last long. Make your appointment today!""""}"""
    Where is this commercial real estate located?
    The property is located at 115 Hamilton St Hillsboro, IL.
    What is the asking price?
    The asking price for this property is $50,000.
    532-5322
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    115 Hamilton St Hillsboro, IL 62049
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    Hillsboro, IL 62049
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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
    115 Hamilton St Hillsboro, IL 62049
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