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    600 Diamond St Jacksonville, IL 62650

    Sponsored
    For Sale
    $109,900

    Prime retail space, large basement, apartment included.

    Property size:
    3,288 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    339
    This exceptional 3,288 square foot commercial building is situated on a 0.27-acre lot at 600 S Diamond Street in Jacksonville, Illinois. The property boasts a desirable location on Diamond Street and is in excellent condition, offering ample natural light throughout. The main commercial space, totaling 2,568 square feet, presents a fantastic opportunity for a variety of retail businesses. A significant advantage is the inclusion of a 720 square foot unfinished apartment located upstairs, offering potential for additional income or employee housing. Furthermore, the building features a functional freight elevator providing convenient access to a clean and usable basement area, significantly expanding storage and operational capabilities. Currently, an active "Anything Buy Sell Trade" business operates within the space, and the owner is open to selling the business as a going concern. Alternatively, the owner is also considering lease or rental agreements for the property. This versatile property offers a unique blend of retail space, storage, and potential residential components, making it an attractive investment opportunity in a thriving Jacksonville location. The property is ready for immediate occupancy and presents a compelling opportunity for a discerning buyer or tenant.

    Property Features for 600 Diamond St

    General Information

    Property type
    Other commercial real estate
    Square Feet
    3,288 SF
    Lot Size
    11,761 SF

    Building Details

    Year Built
    1976
    Property Profile Location Intelligence

    Current Use by Public Records

    REH SERVICES INC Hvac Contractor Anything Buy Sell ... Pawn Shop U-Haul Neighborhood Dealer Trailer Rental Service

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Jacksonville
    County
    Morgan
    State
    Illinois
    Longitude
    -90.23832
    Latitude
    39.72906

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    FAQs

    What type of property is this?
    Commercial real estate - Prime retail space, large basement, apartment included.
    Where is this commercial real estate located?
    The property is located at 600 Diamond St Jacksonville, IL.
    What is the asking price?
    The asking price for this property is $109,900.
    Request Owner's contact information
    600 Diamond St 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

    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
    600 Diamond St Jacksonville, IL 62650
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