18 Fort StFarmington, IL 61531

For Sale
$250,000

Historic Illinois Warehouse, Two Buildings

Overview

Added:
Dec 11, 2024
Days on market:
92
This exceptional commercial property at 18 W Fort Street, Farmington, IL 61531, presents a unique investment opportunity. The asking price is $250,000 for this land and industrial property encompassing two buildings constructed in 1800. The property's prime corner location in Fulton County ensures high visibility and significant foot traffic. The existing structures, classified as commercial and warehouse space, offer substantial potential for redevelopment or repurposing. One building currently includes a functioning business with two apartments above, one of which is currently rented, providing immediate rental income. The second building adds to the property's versatility and potential. This presents a chance to capitalize on existing income streams while exploring further development options. The property's location within a thriving community offers significant advantages. Furthermore, Tax Increment Financing (TIF) funds are available to assist with future development projects, making this an even more attractive investment. The property's rich history combined with its modern-day potential makes this a truly unique offering. Don't miss this chance to acquire a piece of Farmington's vibrant commercial landscape.

Highlights

  • $250,000 asking price for land and industrial property at 18 W Fort Street, Farmington, IL 61531.
  • Two buildings (built 1800) offering commercial and warehouse space; prime corner location in Fulton County.
  • One building includes a functioning business with two apartments (one currently rented), providing immediate income.
  • Tax Increment Financing (TIF) funds available for future development.

Property Details for 18 Fort St

Property type
Other warehouses, Other land
Year Built
1800
Buildings
2

Location Insight

City
Farmington
County
Fulton
State
Illinois
Latitude
40.6980112
Longitude
-90.0060657
18 Fort St, Farmington, Illinois

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18 Fort St
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