Mixed-Use

Monticello, IL Mixed-use Properties for Sale

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De Land, IL Bement, IL Ivesdale, IL Seymour, IL Tolono, IL Cerro Gordo, IL De Witt, IL Mansfield, IL
Brick Mixed-Use Building
Updated: Apr 2
Brick Mixed-Use Building

217 West Washington Street, Monticello, IL 61856

$165,000
Approximately 1,800 SF of ground‑floor retail space with a storefront along West Washington Street
Approximately 1,622 SF upper‑level loft apartment with private entrance and exterior balcony
Two independently operating units with separate utilities
Loft includes one bedroom, tall ceilings, open‑concept layout, and three new windows
All‑brick building constructed in 1890
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Mixed-Use Building with Apartments
Updated: Apr 11
Mixed-Use Building with Apartments

110-112 N Charter Street E, Monticello, IL 61856

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First‑floor attorney office with two upstairs apartments
Residential unit mix includes one 1‑bedroom and one 2‑bedroom apartment
New roof installed in 2010
Steel lintels above 7 windows replaced in 2011
Remaining lintels replaced in 2017
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Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 Active listings in Monticello, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

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

NNN Commercial Property with Residence
NNN Commercial Property with Residence

3612 W Bloomington Rd, Champaign, IL 61822

$1,250,000
10,440 sqft 10.00 AC lot

Gated commercial compound with leased improvements, a separate residence, outdoor storage area, and room for future expansion.

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Assembled Mixed-Use Development Site
Assembled Mixed-Use Development Site

507 Springfield Avenue, Urbana, IL 61801

$550,000
0.54 AC lot

Two parcels combine an office building, on-grade parking, and zoning supporting residential and commercial development.

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Gated Mixed-Use Property
Gated Mixed-Use Property

3612 W Bloomington Road, Champaign, IL 61822

$1,250,000
9.88 AC lot

Fully leased commercial improvements include separate operating units, extensive parking, outdoor storage area, and an updated residence.

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Corner Mixed-Use Property
Corner Mixed-Use Property

1002 W University Ave, Urbana, IL 61801

Contact for pricing

The property sits near the University of Illinois campus and Carle Hospital.

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Monticello, IL Mixed-Use Properties Market Trends and Statistics

Explore 2 mixed-use properties for sale in Monticello, IL on our real estate platform.

Sale prices for multi use buildings in Monticello, IL average $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.

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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%

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