Building Details

Year Built 1950

Listing Agency: The Nate Evans Group n***@thenateevansgroup.com Show Phone

Listed By: Nate Evans · License #IL 478.027769

Source: Crexi

Added: May 18 Changed: Aug 14 Last Checked: Aug 29 at 11:27AM

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Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of The Nate Evans Group

Investment Insights

Based on property information with market context.

This commercial space offers a practical and professional environment suitable for various business types. The interior layout is flexible, featuring a mix of open workspace and private offices. The space is clean, well-maintained, and ready for immediate use, while also providing opportunities for future customization. Key features include fiber internet wiring, a newer HVAC system (approximately 3 years old), a split AC system in the server room, and a gas generator. A loading dock is present and will remain as-is. The property also includes an equipped kitchen area. Negotiable items include a walkie stacker/manual battery-operated forklift (estimated value of approximately $10,000), a large copier, and existing furniture. The building benefits from a highly visible location and strong street presence, enhancing its commercial appeal.

Key Highlights

• Highly visible location with strong street presence
• Flexible interior layout suitable for various business types
• Ready for immediate use with a mix of open workspace and private offices

Property Analytics

Property Profile

Current Use

J T Smith ... (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Building Supply Big Box & Wholesale Store Electrical Service Storage Facility Restaurant Hair Salon

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

77

Businesses Nearby

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Demographics for 61864, IL

1,637

Population

595

Households

2.8

Avg Household Size

41

Median Age

29%

College-Educated

91%

High-School Grad

22.9 sq mi

ZIP Area

71

Density / Sq Mi

$91,827

Median Household Income

$51,635

Median Earnings

$1,063

Median Rent

$203,600

Median Home Value

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Frequently Asked Questions

What type of property is this?

Mixed-use property - Functional commercial space with flexible layout and desirable features.

Where is this mixed-use property located?

The property is located at 204 Monroe Street Philo, IL.

What is the asking price?

The asking price for this property is $495,000.

What are key features of this property?

This property features: Highly visible location with strong street presence; Flexible interior layout suitable for various business types; Ready for immediate use with a mix of open workspace and private offices