Building Details

Year Built 1940

Year Renovated 2000

Stories 1

Listing Agency: Doyle & Associates Realty, LLC

Listed By: John Doyle Show Phone

Source: Racklinrealty

Added: Aug 3, 2023 Changed: Oct 25 Last Checked: Oct 26 at 3:56AM

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Investment Insights

Based on property information with market context.

This 3,648-square-foot retail property was built in 1940 and is currently occupied by an upscale furniture store. An outdoor patio extends the usable area beyond the interior and has served seasonal merchandise marketing. The site also includes a spacious parking lot.

The property is located at 420 North Main Street in Monmouth, Illinois.

Key Highlights

• 3,648 square feet of interior retail space
• Outdoor patio used for seasonal product marketing
• Spacious parking lot

Property Analytics

Who owns this building? See the owner, sales and loan history

Open Analytics

Current Use

Retail space

Suggested Use

Top Pick Real Estate Agency Building Supply Parking Lot & Garage Dental Office Grocery & Convenience Store Law Firm

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

514

Businesses Nearby

19k

Monthly Visits Nearby

Explore this area Business Placement

Foot Traffic Nearby

Groceries 47% Shops & Services 46% Dining 7%

Save-A-Lot Groceries

9,007 visits/mo 0.4 miles

Dollar Tree Shops & Services

7,094 visits/mo 0.2 miles

Conoco Shops & Services

1,672 visits/mo 0.3 miles

Krispy Krunchy Chicken Dining

1,439 visits/mo 0.3 miles

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 Retail in Midwest region

8% 2020

7.3% 2021

6.5% 2022

6% 2023

5.7% 2024

6.3% 2025

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Frequently Asked Questions

What type of property is this?

Retail space - A spacious parking area and an outdoor patio support the property’s retail configuration.

Where is this retail space located?

The property is located at 420 North Main Street Monmouth, IL.

What is the asking price?

The asking price for this property is $398,500.

What are key features of this property?

This property features: 3,648 square feet of interior retail space; Outdoor patio used for seasonal product marketing; Spacious parking lot