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Brick Mixed-Use Building
For Sale
$165,000

217 West Washington Street, Monticello, IL 61856

Two independently configured spaces include a loft apartment and street-facing retail area.

Property SizeContact for details
Days on Market151

Property Features for 217 West Washington Street

General Information

Standard status Active
Occupancy 100%

Financials

Gross Income $15,000
Average Monthly Rent $875

Units

Unit Mix 1 x 1BR
Multifamily Units 1

Additional Details

Utilities to Site Yes

Taxes and HOA fees

Annual Taxes $2,056

Building Details

Year Built 1890
Buildings 1
Stories 2
Construction brick
Tenancy Multi
Listing Agency: EXP REALTY LLC-MAHO
Listed By: Nate Evans · License #478027769
Source: Compass
Added: Apr 2 Changed: Aug 29 Last Checked: Aug 29 at 4:02PM

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 EXP REALTY LLC-MAHO

Investment Insights

Based on property information with market context.

Built in 1890, this two-level, all-brick property combines approximately 1,622 square feet of residential loft space with approximately 1,800 square feet of ground-floor retail. The upper unit has its own entrance, tall ceilings, an open layout, one bedroom, abundant natural light, and an exterior balcony. Three replacement windows and modest interior updates have been completed. The commercial level features a prominent storefront along West Washington Street and sits next to a restaurant and bar. Each unit operates with separate utilities, and the occupants are responsible for their respective utility expenses. Recent exterior painting adds a refreshed finish to the building. The property is located in downtown Monticello, Illinois.

Key Highlights

  • Approximately 1,800 SF of ground‑floor retail space with a storefront along West Washington Street
  • Approximately 1,622 SF upper‑level loft apartment with private entrance and exterior balcony
  • Two independently operating units with separate utilities

Property Analytics

Current Use

Prairie Fire Glass Art Gallery

Suggested Use

Top Pick Auto Parts Store Parking Lot & Garage Restaurant Electrical Service Skin Care Clinic Real Estate Agency

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

1
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

445
Businesses Nearby
76k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 42% Dining 35% Groceries 20% Home Improvements & Furnishings 3%
McDonald's Dining
16,518 visits/mo 0.2 miles
County Market Groceries
14,976 visits/mo 0.2 miles
Circle K Shops & Services
14,812 visits/mo 0.2 miles
Dollar General Shops & Services
9,311 visits/mo 0.2 miles
Casey's Shops & Services
6,114 visits/mo 0.1 miles

Demographics for 61856, IL

7,933
Population
3,492
Households
2.3
Avg Household Size
44
Median Age
40%
College-Educated
96%
High-School Grad
107.9 sq mi
ZIP Area
74
Density / Sq Mi
$94,841
Median Household Income
$52,577
Median Earnings
$1,045
Median Rent
$214,500
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?
Mixed-use property - Two independently configured spaces include a loft apartment and street-facing retail area.
Where is this mixed-use property located?
The property is located at 217 West Washington Street Monticello, IL.
What is the asking price?
The asking price for this property is $165,000.
What are key features of this property?
This property features: Approximately 1,800 SF of ground‑floor retail space with a storefront along West Washington Street; Approximately 1,622 SF upper‑level loft apartment with private entrance and exterior balcony; Two independently operating units with separate utilities
More about this property
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