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    126 Main St West Frankfort, IL 62896

    Sponsored
    For Sale
    $119,500

    Historic building, 4320 sq ft, vacant

    Property size:
    4,320 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This historic one-story commercial building, constructed circa 1915, boasts 4,320 square feet of space in downtown West Frankfort, Illinois. The property features its original façade, including large recessed display windows, and is situated on 126 E Main St, zip code 62896. Inside, you'll find wood flooring, exposed brick accent walls, and an open floor plan in the front with several smaller rooms in the rear. The 12-foot tin ceilings are complemented by updated interior lighting. A small loft area is located at the rear of the building. Recent improvements include updated restrooms. The building sits within a Tax Increment Financing (TIF) district and an Enterprise Zone, offering potential economic incentives. The property's B-1 Commercial zoning permits a variety of uses, including retail, office space, and adaptable uses such as a coffee shop or café. The asking price is $119,500, translating to $27.66 per square foot. The building was renovated in 2008. The APN is 12-19-311-004. This is a prime opportunity for a variety of commercial ventures.

    Property Features for 126 Main St

    General Information

    Property type
    Individual retail properties
    Square Feet
    4,320 SF

    Building Details

    Year Built/Renovated
    1915/2008
    Buildings
    1

    HighLights

    • $119,500 asking price for this vacant retail property.
    • 4,320 square feet of space in a 1‑building property.
    • Located at 126 E Main St, West Frankfort, IL 62896.
    • Built in 1915, renovated in 2008, with B‑1 Commercial zoning.
    • Features include exposed brick, wood flooring, and updated restrooms.
    Property Profile Location Intelligence

    Current Use by Public Records

    Bars

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    West Frankfort
    County
    Franklin
    State
    Illinois
    Longitude
    -88.9269808
    Latitude
    37.8977022

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    FAQs

    What type of property is this?
    Individual retail property - Historic building, 4320 sq ft, vacant
    Where is this individual retail property located?
    The property is located at 126 Main St West Frankfort, IL.
    What is the asking price?
    The asking price for this property is $119,500.
    What are key features of this property?
    This property features: $119,500 asking price for this vacant retail property.; 4,320 square feet of space in a 1-building property.; Located at 126 E Main St, West Frankfort, IL 62896.
    Request Owner's contact information
    126 Main St West Frankfort, IL 62896
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    West Frankfort, IL 62896
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    126 Main St West Frankfort, IL 62896
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