Advertise
    Monticello, IL
    Live - Work Space

    Monticello, IL Live-work Space for Sale

    Notify Me
    List
    Map
    De Land, IL Bement, IL Ivesdale, IL Seymour, IL Bondville, IL De Witt, IL Cerro Gordo, IL Champaign, IL
    Mixed Use, Office, Retail
    Updated: Apr 3
    Mixed Use, Office, Retail

    217 W Washington Street, Monticello, IL 61856

    $165,000
    3,422 sqft
    1890 all‑brick mixed‑use building in downtown Monticello with two independently operated income units
    1,622 SF loft apartment with private entrance and access to an exterior balcony; leased at $875/month with separate utilities (tenant pays all expenses)
    Recent loft updates include three new windows; loft has tall ceilings and an open‑concept layout with large airy living area
    Approximately 1,800 SF main‑level commercial retail space with prominent Washington Street storefront next to a restaurant and bar
    Commercial retail space is currently leased; tenants cover all utility expenses and the building has separate utilities for both units
    View details
    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Monticello, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Mixed-Use Live-Work Property
    Mixed-Use Live-Work Property

    250 Peru Street, Paw Paw, IL 61353

    $230,000
    0.43 AC lot

    Mixed-use building with commercial space, finished basement, and a second-floor two-bedroom apartment, plus fenced outdoor area and parking.

    View details
    Mixed-Use Property with Apartment
    Mixed-Use Property with Apartment

    250 Peru Street, Paw Paw, IL 61353

    $230,000

    Mixed-use building with a second-floor 2-bedroom apartment and expansive interior levels, plus fenced outdoor space, parking, and barn storage.

    View details
    Church and Live-Work Building
    Church and Live-Work Building

    1719 Broadway, Mt, Vernon, IL 62864

    $950,000
    1.58 AC lot

    Church currently in use with a 3,000+ sq. ft. building on 1.58 acres, fronting Broadway and two additional streets.

    View details
    Multi-Building Flex & Warehouse Property
    Multi-Building Flex & Warehouse Property

    314 S 5TH Street, Mt, Vernon, IL 62864

    $78,500

    Commercial package with multiple buildings, heated spaces, and overhead doors, plus vacant lots under B2 & RM2 zoning.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Kalamazoo Land For Sale
    Kalamazoo Land For Sale

    209 E North Street, Kalamazoo, MI 49007

    $55,000
    0.16 AC lot

    Land zoned Live Work 1 with downtown views.

    View details
    Parking Lot and Events Site
    Parking Lot and Events Site

    407 Turner Avenue NW, Grand Rapids, MI 49504

    $1,475,000
    7,316 sqft 0.32 AC lot

    City Center zoned parking property positioned for event and hospitality adjacent demand, with shuttle access to downtown venues.

    View details
    Ludington Waterfront Development Opportunity
    Ludington Waterfront Development Opportunity

    W Danaher St, Ludington, MI 49431

    $245,000
    0.19 AC lot

    Prime Ludington building site with flexible mixed-use zoning.

    View details
    Infill Site in Historic Columbia
    Infill Site in Historic Columbia

    1015 S High St, Columbia, TN 38401

    $135,000

    Land parcel in Columbia, TN, zoned CD-4.

    View details

    Monticello, IL Live-Work Space Market Trends and Statistics

    Explore 1 live-work space for sale in Monticello, IL on our real estate platform. These investment opportunities span a total of 3,422 square feet of properties for sale, with an estimated market value of $165,000.

    Sale prices for live-work properties in Monticello, IL start at $165,000, averaging $165,000, and reaching up to $165,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

    List
    Map

    Demographics Overview

    Population 8,110
    Population Growth (5Y) +2.9%
    Median Household Income $94,841
    College Educated 53.3%

    Taxes & Financing

    Tax Rate (average for all types) 6.81%
    Tax Rate vs County Average 0.35 pp below county avg
    Average Loan-to-Value 65.0%

    Need Help?

    Reach out if you need assistance with Realmo tools or have questions about your listings

    Contact Us

    Popular Categories

    Most Searched ZIP Codes in Monticello, IL

    • 61856

    Select Neighborhood

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!