13 Division St, Pinckneyville, IL 62274
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.