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Auto Shop with Multiple Overhead Doors
For Sale
$69,900
Pending

705 S 5th Street, Monmouth, IL 61462

Commercial Sale, Monmouth, IL

Property Size2,976 SF
Days on Market95

Property Features for 705 S 5th Street

General Information

Property type Commercial Sale
Property subtype Other
Zoning description Commercial
Bathrooms 1
Half bathrooms 1
Rooms Bathroom 1
Standard status Pending
APN 09-230-031-00
Size 2,976 SF

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 2074

Utilities

Water source Public

Amenities

overhead doors

Building Details

Floors in Building 1
Roof type Metal, Asphalt
Listing Agency: Armstrong Real Estate, LLC
Listed By: Carrie Armstrong
Added: Jun 8 Changed: Aug 25 Last Checked: Sep 10 at 11:06AM
MLS# 11803038

Copyright © 2026 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

Located at 705 S 5th Street in Monmouth, Illinois, this 2,976-square-foot combined shop building was formerly used as a body shop. The layout includes six overhead doors in varied sizes: two measuring 12 feet, one at 10 feet, two at 8 feet, and one at 7 feet. A bathroom is also included, and the property has public water service.

The sale includes parcels 09-230-031-00 and 09-230-032-00. Roofing consists of metal and asphalt materials. Recent storm damage is present, and the property is being sold as-is without repairs.

Key Highlights

  • 2,976 sf combined shop building
  • Former body shop with six overhead doors
  • Overhead doors include 2) 12' doors, 1) 10' door, 2) 8' doors and 1) 7' door

Property Analytics

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Current Use

Auto shops

Suggested Use

Top Pick Real Estate Agency Building Supply Parking Lot & Garage Grocery & Convenience Store (Bike/Boat/Book/etc) Store Electrical Service

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

445
Businesses Nearby
Well-served
Demand for This Use

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025
Rey
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Similar Off Market Nearby

  • Moore Tires 1348 S Main St, Monmouth, IL 61462
  • Martin Tractor, Inc. - Monmouth 1305 S Main St, Monmouth, IL 61462
  • Da Ford Auto Electric 1103 S Main St, Monmouth, IL 61462
  • Complete Parts and Repair 1000 S Main St, Monmouth, IL 61462
  • Lair's Collision Center Inc 106 E 6th Ave, Monmouth, IL 61462

Frequently Asked Questions

What type of property is this?
Auto shop - Combined shop building with public water, varied overhead-door access, and two conveying parcels.
Where is this auto shop located?
The property is located at 705 S 5th Street Monmouth, IL.
What is the asking price?
The asking price for this property is $69,900.
What are key features of this property?
This property features: 2,976 sf combined shop building; Former body shop with six overhead doors; Overhead doors include 2) 12' doors, 1) 10' door, 2) 8' doors and 1) 7' door
More about this property
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