Property profile

126 Main St West Frankfort, IL 62896

OFF-MARKET
Retail properties & Spaces
4,320 SF Built 1915
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Property summary

AI-generated overview

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 profile

Verified
Property type Retail properties & Spaces
Year built 1915
Total area 4,320 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

126 Main St West Frankfort, IL 62896
West Frankfort metro
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Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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