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    509 N Main St Monmouth, IL 61462

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    For Lease
    Contact for pricing

    Retail space available for lease in Monmouth, Illinois.

    Property size:
    6,008 SF
    Lot size:
    0.83 Acres

    Property Features for 509 N Main St

    General Information

    Size
    6,008 SF
    Lot size
    0.83 Acres

    Source: Legacy Commercial Property Agent Legacy Commercial Property

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

    Overview

    Retail Space in Monmouth, IL

    Located at 509 N. Main St in Monmouth, IL, this property offers a leasing opportunity suitable for businesses seeking to establish or expand their presence. The property provides 6,008 square feet of retail space. Its location is in the heart of Monmouth, Illinois.
    Insight Report Location Intelligence

    Current Use by Public Records

    Retail space

    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.

    Location Insight

    • Map
    • Local Demand
    City
    Monmouth
    County
    Warren
    State
    Illinois
    Longitude
    -90.648339
    Latitude
    40.90708

    Nearby Similar for Lease

    • $1,000 /Mo

      Commercial Space in High Traffic Area

      Commercial space for lease in central Monmouth, Illinois.
      61 Public Sq, Monmouth, IL 61462
      View Details
    • Contact for pricing
      60,985 SF

      Retail Development on Expressway

      60,985 SF development along Chicago - Kansas City Expressway.
      1190 N 6Th St, Monmouth, IL 61462
      View Details

    FAQs

    What type of property is this?
    Retail space - Retail space available for lease in Monmouth, Illinois.
    Where is this retail space located?
    The property is located at 509 N Main St Monmouth, IL.
    What are key features of this property?
    This property features: - Strategic location in the heart of Monmouth, IL.; - Leasing opportunity available.; - Suitable for businesses looking to establish a presence.
    (847) 904-9200
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    509 N Main St Monmouth, IL 61462
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    Monmouth, IL 61462
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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
    509 N Main St Monmouth, IL 61462
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