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Office Building with Built-In Vault

109 S 2nd Street, Watseka, IL 60970

For Sale
$100,000

The interior combines private offices, cubicle workstations, reception space, and an open work area.

Property Size1,414 SF
Lot Size0.07 Acres
Price / SF$70.72
Days on Market182

Property Features for 109 S 2nd Street

General Information

Standard status Active
Size 1,414 SF
Lot size 0.07 Acres
Property subtype Commercial
Zoning OFFIC

Additional Details

Property Use Office

Taxes and HOA fees

Annual Taxes $2,984

Amenities

solar panels
built-in vault
updated lighting

Building Details

Building Size 1,414 SF
Year Built 1940
Buildings 1
Stories 1
Units 1
Construction stone and masonry
Listing Agency: Smith's Real Estate Services,
Listed By: Tim Smith · License #471021755
Source: Crossdavidson
Added: May 12 Changed: Nov 8 Last Checked: Nov 8 at 8:51AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Smith's Real Estate Services,

Rey
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Investment Insights

Based on property information with market context.

This 1,414-square-foot office building in Watseka has a stone and masonry exterior with oversized windows. Its interior includes two private offices, cubicle workstations, a reception area, and open workspace. A built-in vault provides secure storage, and solar panels are installed. The property was built in 1940 and is zoned OFFIC.

At 109 S 2nd Street, the building is in Watseka’s downtown business district. The site measures 30 by 100 feet. Interior lighting has been updated, and the workspace can be arranged across its mix of private and open areas.

Key Highlights

  • 1,414‑square‑foot office building on a 30x100 lot
  • Two private offices, cubicle workstations, reception area, and open workspace
  • Built‑in vault and installed solar panels

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Chicago & Eastern Illinois ... Charitable Organization

Suggested Use

Top Pick Real Estate Agency Hair Salon Restaurant Spa & Massage Center Dental Office Nail Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

463
Businesses Nearby

Demographics for 60970, IL

6,306
Population
3,071
Households
2.1
Avg Household Size
47
Median Age
13%
College-Educated
88%
High-School Grad
127.3 sq mi
ZIP Area
50
Density / Sq Mi
$48,456
Median Household Income
$32,342
Median Earnings
$816
Median Rent
$120,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025

Frequently Asked Questions

What type of property is this?
Office building - The interior combines private offices, cubicle workstations, reception space, and an open work area.
Where is this office building located?
The property is located at 109 S 2nd Street Watseka, IL.
What is the asking price?
The asking price for this property is $100,000.
What are key features of this property?
This property features: 1,414‑square‑foot office building on a 30x100 lot; Two private offices, cubicle workstations, reception area, and open workspace; Built‑in vault and installed solar panels
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