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Office Building With Loan Company
New
For Sale
$1,000,000

204 S Washington St, McLeansboro, IL 62859

The offering combines an established loan operation with furnished office improvements and related business assets.

Property Size1,632 SF
Price / SF$612.75
Days on Market6

Property Features for 204 S Washington St

General Information

Standard status Active
Size 1,632 SF
Property subtype Business Opportunity

Additional Details

Furnished Yes
Business Included Yes

Amenities

security system

Building Details

Year Built 1991
Listing Agency: Keller Williams Pinnacle - MTV
Listed By: Hope Williams · License #475177525
Source: Amyboston.realtopiare
Added: Sep 6 Last Checked: Sep 10 at 12:15AM

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 Keller Williams Pinnacle - MTV

Investment Insights

Based on property information with market context.

Located at 204 S Washington St in McLeansboro, Illinois, this 1,632-square-foot office building is paired with an established loan company. The offering includes the operating business, loan books and portfolio, commercial real estate, and the contents used in daily operations. Furnishings and equipment include desks, tables, chairs, filing cabinets, appliances, décor, and office equipment.

Constructed in 1991, the building has an HVAC system that is less than two years old and a leased security system. The sellers may provide short-term training and transition assistance. Any continuation of the business and transfer of the loan portfolio remain subject to applicable laws, licensing requirements, approvals, and buyer due diligence. Additional financial and business records are available to qualified buyers after execution of a confidentiality agreement.

Key Highlights

  • 1,632‑square‑foot office building constructed in 1991
  • Established loan company included with the real estate
  • Loan books and portfolio included in the offering

Property Analytics

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Current Use

Office buildings

Suggested Use

Top Pick Dental Office Real Estate Agency HVAC Service Storage Facility Furniture & Home Goods (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

313
Businesses Nearby

Demographics for 62859, IL

5,346
Population
2,489
Households
2.1
Avg Household Size
43
Median Age
21%
College-Educated
89%
High-School Grad
194.6 sq mi
ZIP Area
27
Density / Sq Mi
$53,373
Median Household Income
$39,960
Median Earnings
$572
Median Rent
$91,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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
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Frequently Asked Questions

What type of property is this?
Office building - The offering combines an established loan operation with furnished office improvements and related business assets.
Where is this office building located?
The property is located at 204 S Washington St McLeansboro, IL.
What is the asking price?
The asking price for this property is $1,000,000.
What are key features of this property?
This property features: 1,632‑square‑foot office building constructed in 1991; Established loan company included with the real estate; Loan books and portfolio included in the offering
More about this property
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