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    126 E Main St W Frankfort, IL 62896

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    For Sale
    $67,000

    Historic 4,320 SF commercial building with original facade.

    Property size:
    4,320 SF
    Lot size:
    0.10 Acres

    Property Features for 126 E Main St

    General Information

    Size
    4,320 SF
    Lot size
    0.10 Acres

    Source: BARBERMurphy Agent Michael Pierceall

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Historic Downtown Commercial Building

    This historic one-story commercial building, featuring a loft, is located in the downtown area. Constructed around 1915, the building retains its original facade, including large recessed display windows. The total floor area is 4,320 square feet. The interior features wood flooring and exposed brick accent walls. The front of the building has an open floor plan, while the rear contains several smaller rooms. The building features 12-foot tin ceilings and updated interior lighting. A small loft area is located at the rear of the building. The seller has made a number of improvements, including updated restrooms. The property is located in a TIF and Enterprise Zone. It is suitable for retail or office use and could be adapted for use as a coffee shop or café.
    Location Intelligence

    Current Use by Public Records

    Storefront properties

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Similar Places Nearby

    Lacy's Flower Shop

    Location Insight

    • Map
    • Local Demand
    City
    W Frankfort
    County
    Franklin
    State
    Illinois
    Longitude
    -88.927318
    Latitude
    37.897901

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    FAQs

    What type of property is this?
    Storefront property - Historic 4,320 SF commercial building with original facade.
    Where is this storefront property located?
    The property is located at 126 E Main St W Frankfort, IL.
    What is the asking price?
    The asking price for this property is $67,000.
    What are key features of this property?
    This property features: - Located in a TIF and Enterprise Zone.; - Historic downtown commercial building constructed circa 1915 with original facade.; - Large 4,320 SF floor area.
    (618) 791-8396
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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
    126 E Main St W Frankfort, IL 62896
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