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Specialty Building with New Water Heater
For Sale
$45,000

114 E Market Street Colchester, Colchester, IL 62326

Cleaned-up specialty commercial building with a new on-demand water heater installed in 2024.

Property Size1,750 SF
Price / SF$25.71
Days on Market43

Property Features for 114 E Market Street Colchester

General Information

Standard status Active
Size 1,750 SF

Taxes and HOA fees

Annual Taxes $454

Building Details

Building Size 1,750 SF
Year Built 1900
Buildings 1
Listing Agency:
Listed By: Marilyn Kohn
Source: Realestatepeoria
Added: Jul 10 Changed: Aug 20 Last Checked: Aug 21 at 3:57AM

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 Marilyn Kohn

Investment Insights

Based on property information with market context.

This cleaned-up specialty commercial building is being offered for sale and can also be considered for rental, per the owner. The property includes a new on-demand water heater installed in 2024, supporting a ready-to-occupy operational baseline.

Located at 114 E Market Street in Colchester, Illinois (62326), the asset sits on a block described as having seen property improvements over the past few years. The seller has also stated the property has been completely cleaned up.

With approximately 1,750 square feet of building area, the space may fit a range of specialty commercial uses, subject to applicable requirements. Further details on configuration and any use limitations should be confirmed during due diligence.

Key Highlights

  • Specialty commercial building with Year Built 1900
  • New on‑demand water heater installed in 2024
  • Owner is open to renting

Property Analytics

Current Use

Specialty properties

Suggested Use

Top Pick HVAC Service Big Box & Wholesale Store Auto Parts Store Storage Facility (Bike/Boat/Book/etc) Store Restaurant

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

104
Businesses Nearby

Demographics for 62326, IL

2,255
Population
1,072
Households
2.1
Avg Household Size
46
Median Age
30%
College-Educated
95%
High-School Grad
77.3 sq mi
ZIP Area
29
Density / Sq Mi
$65,048
Median Household Income
$40,532
Median Earnings
$654
Median Rent
$116,400
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Specialty property - Cleaned-up specialty commercial building with a new on-demand water heater installed in 2024.
Where is this specialty property located?
The property is located at 114 E Market Street Colchester Colchester, IL.
What is the asking price?
The asking price for this property is $45,000.
What are key features of this property?
This property features: Specialty commercial building with Year Built 1900; New on‑demand water heater installed in 2024; Owner is open to renting
More about this property
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