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Office Units with Private Offices
For Sale
$99,900

115 S First St, Monmouth, IL 61462

Commercial Sale, Monmouth, IL

Property Size1,260 SF
Lot Size0.05 Acres
Price / SF$79.29
Days on Market188

Property Features for 115 S First St

General Information

Property type Commercial Sale
Property subtype Other
Zoning description Commercial
Bathrooms 1
Half bathrooms 1
Rooms Bathroom 1
High school district Monmouth-Roseville CUSD 238
Standard status Active
APN 0920515400
Size 1,260 SF
Lot size 0.05 Acres

Taxes and HOA fees

Tax Year 2024
Tax Annual Amount 934

Utilities

Heating system Natural Gas, Forced Air
Water source Public

Building Details

Year built 1965
Floors in Building 1
Flooring type Carpet
Building materials Wood Siding, Brick
Roof type Rubber
Listing Agency: Monmouth Farm and Home Realty LLC
Listed By: Linda Gavin Doyle
Added: Apr 1 Changed: Oct 1 Last Checked: Oct 5 at 4:06PM
MLS# 11684786

Copyright © 2026 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 1,260-square-foot office building in Monmouth provides a compact professional setting with three private offices, a reception area, an office/conference room, kitchenette, and half bath. The interior includes carpeted flooring, neutral finishes, ample lighting, forced-air natural gas heat, and public water service. A floor door in the rear office provides access to the basement, while the water heater is located in the bathroom vanity.

Built in 1965, the property sits on a 21' X 105.57' lot at 115 S First St. Exterior construction includes wood siding and brick, with a rubber roof. Its downtown address places the office in a central commercial setting for businesses requiring client-facing workspace and multiple enclosed rooms.

Key Highlights

  • 1,260‑square‑foot office building in Monmouth
  • Three private offices plus reception and office/conference room
  • 21' X 105.57' lot at 115 S First St

Property Analytics

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Current Use

Office Units

Suggested Use

Top Pick Real Estate Agency Building Supply Grocery & Convenience Store Garden Center Electrical Service Dental Office

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

559
Businesses Nearby

Demographics for 61462, IL

10,980
Population
4,800
Households
2.3
Avg Household Size
38
Median Age
21%
College-Educated
83%
High-School Grad
142.2 sq mi
ZIP Area
77
Density / Sq Mi
$62,190
Median Household Income
$33,346
Median Earnings
$657
Median Rent
$100,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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
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Frequently Asked Questions

What type of property is this?
Office units - Professional office layout includes client reception, separate workrooms, a kitchenette, and adaptable interior space.
Where is this office units located?
The property is located at 115 S First St Monmouth, IL.
What is the asking price?
The asking price for this property is $99,900.
What are key features of this property?
This property features: 1,260‑square‑foot office building in Monmouth; Three private offices plus reception and office/conference room; 21' X 105.57' lot at 115 S First St
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