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Two-Story Office Building
For Sale
$45,000

40 N 9th, Hamilton, IL 62341

Historic commercial property with central air, multiple office rooms, quarter baths, and a rear kitchen area.

Property SizeContact for details
Days on Market174

Property Features for 40 N 9th

General Information

Standard status Active
Property subtype General Commercial

Taxes and HOA fees

Annual Taxes $2,913

Amenities

Central Air
3
70 X 140 ft.

Building Details

Year Built 1890
Buildings 1
Stories 2
Listing Agency: The People's Real Estate
Listed By: John Filkins · License #***
Source: Xome
Added: Mar 11 Changed: Aug 30 Last Checked: Aug 30 at 1:04PM

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 People's Real Estate

Investment Insights

Based on property information with market context.

Built in 1890, this two-story commercial property offers a flexible arrangement of office and secondary rooms. The main level includes a large office, foyer, smaller office, two quarter baths, and a kitchen area positioned toward the rear. Central air is installed, and the kitchen connects to back parking.

The upper level contains one large room and one smaller room that may accommodate office, retail, storage, or residential use as contemplated in the property remarks. Located at 40 N 9th in downtown Hamilton, the property sits within the local TIF district. Its prior business and residential history provides a varied existing framework for future planning.

Key Highlights

  • Two‑story commercial property built in 1890
  • Located at 40 N 9th, Hamilton, IL 62341
  • Main level includes a large office, foyer, smaller office, and two quarter baths

Property Analytics

Current Use

Office buildings

Suggested Use

Top Pick Real Estate Agency Law Firm Parking Lot & Garage Dental Office Plumbing Service (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.

Location Intelligence

Trade Area within ½ mile

139
Businesses Nearby

Demographics for 62341, IL

3,369
Population
1,612
Households
2.1
Avg Household Size
45
Median Age
23%
College-Educated
97%
High-School Grad
46.6 sq mi
ZIP Area
72
Density / Sq Mi
$65,050
Median Household Income
$43,274
Median Earnings
$882
Median Rent
$118,200
Median Home Value

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 - Historic commercial property with central air, multiple office rooms, quarter baths, and a rear kitchen area.
Where is this office building located?
The property is located at 40 N 9th Hamilton, IL.
What is the asking price?
The asking price for this property is $45,000.
What are key features of this property?
This property features: Two‑story commercial property built in 1890; Located at 40 N 9th, Hamilton, IL 62341; Main level includes a large office, foyer, smaller office, and two quarter baths
More about this property
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