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    OFF-MARKET
    Retail properties & Spaces

    13 Division St, Pinckneyville, IL 62274

    Built 1906
    Property ID
    Property summary
    AI-generated overview

    This exceptional mixed-use property at 13 N Division Street in Duquoin, Illinois, presents a unique investment opportunity. Built in 1906, this building boasts a rich history, having previously served as a hair salon, boutique, law office, and even a theater. The property features one building encompassing approximately 3 residential units on the second floor, offering strong rental income potential. The first floor provides versatile commercial space, with the option of incorporating additional living quarters. The building has undergone significant updates, including modernized plumbing and wiring, meticulous tuckpointing, a well-maintained roof, and updated HVAC systems. These improvements are complemented by the preservation of original architectural details, such as stunning original wood flooring, exposed brick walls, and restored tin ceilings. Located in the heart of downtown Duquoin (zip code 62274), this property offers convenient access to local amenities and businesses. The asking price is $199,500. This is a rare chance to acquire a piece of Duquoin's history while capitalizing on the potential for both residential and commercial income. The property is situated on land in Perry County, Illinois. Serious inquiries are encouraged.

    Property profile
    Verified
    Property type Retail properties & Spaces
    Year built 1906
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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