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Property profile & analytics
OFF-MARKET
Commercial real estate

1608 Lafayette St Jacksonville, IL 62650

20,729 SF 2.76 ac lot
Property ID
Property summary
AI-generated overview

This exceptional commercial property presents a unique investment opportunity in Jacksonville, Illinois. The offering encompasses four single-story office buildings, totaling 20,729 square feet, situated on a 2.76-acre lot. The buildings are strategically located on the west side of Jacksonville, directly across from the Morgan County Fairgrounds, providing excellent visibility and accessibility on a high-traffic street. The property includes six separate parcel IDs. Building sizes are diverse, offering flexibility for various tenants or a single large occupant. 1608 W Lafayette Street comprises 8,703 square feet, 1606 W Lafayette Street offers 5,703 square feet, 1604 W Lafayette Street provides 1,271 square feet, and 1602 W Lafayette Street features 5,052 square feet. Each building boasts similar finishes, including vinyl, ceramic tile, and carpet flooring

Property profile
Verified
Property type Commercial real estate
Total area 20,729 SF
Lot 2.76 ac (120,226 SF)
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
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CAP Approach CAP
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Comparable Approach Comparable
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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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