1608 Lafayette St Jacksonville, IL 62650
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
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
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.