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Downtown Professional Office Building
For Sale
$109,000

115 S First St, Monmouth, IL 61462

COMMERCIAL - Monmouth, IL

Property Size1,260 SF
Lot Size0.05 Acres
Price / SF$86.51
Days on Market142

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 Forced Air, Natural Gas
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: Aug 15 Last Checked: Aug 20 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 offers a practical layout for professional business operations. The interior includes a reception area, three private offices, an office/conference room, kitchenette, and half bath, with room dimensions ranging from 11 X 14 to 19 X 14.6. A floor door in the rear office provides access to the basement. The building was constructed in 1965 and includes carpet flooring, forced-air natural-gas heat, a rubber roof, wood siding and brick construction, and public water service.

The property occupies a 0.0509-acre lot measuring 21' X 105.57' at a downtown address in Monmouth, Illinois. Its configuration provides dedicated spaces for client reception, private meetings, focused work, and administrative functions within a single-story office setting.

Key Highlights

  • 1,260‑square‑foot office building on a 0.0509‑acre lot
  • Three private offices plus reception and office/conference room
  • Kitchenette and half bath included

Property Analytics

Current Use

Office buildings

Suggested Use

Top Pick Real Estate Agency Parking Lot & Garage Building Supply Grocery & Convenience Store Garden Center Electrical Service

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

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
Rey
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Frequently Asked Questions

What type of property is this?
Office building - Compact office property with private workrooms, reception space, kitchenette, and a half bath.
Where is this office building located?
The property is located at 115 S First St Monmouth, IL.
What is the asking price?
The asking price for this property is $109,000.
What are key features of this property?
This property features: 1,260‑square‑foot office building on a 0.0509‑acre lot; Three private offices plus reception and office/conference room; Kitchenette and half bath included
More about this property
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