1102 Public Sq, Jonesboro, IL 62952

Property Details for 1102 Public Sq

Year built

1950

Property type

Retail properties & Spaces

Property subtype

Land

Description

This exceptional commercial property in Jonesboro, Illinois, presents a lucrative investment opportunity. Located at 1102 Public Square, 62952, this 1950-built property boasts a prime location within a high-traffic area, experiencing over 1200 vehicles daily. The land is currently leased, providing immediate income potential. The property includes a single building featuring a retail space on the ground floor and an upstairs apartment. While the apartment requires renovations, it offers significant potential for future development and increased rental income. The property's strategic location ensures high visibility and accessibility for businesses, making it an ideal investment for both seasoned investors and those seeking a promising entry point into the commercial real estate market. The asking price is $39,000. This established commercial rental property is ready for a new owner to capitalize on its existing income stream and unlock its considerable growth potential. The property's strong location and existing structure make it a compelling investment opportunity in a thriving community. Serious inquiries are encouraged.

Location Insight

City

Jonesboro

County

Union

State

Illinois

Longitude

-89.2687

Latitude

37.4519