110 Main St, Chambersburg, IL 62323
This exceptional 3,144-square-foot mixed-use building presents a unique investment opportunity in the heart of Chambersburg, Illinois. Situated on a spacious 10-acre lot (39x120 feet), this single-story property boasts a rich history and versatile zoning, allowing for a multitude of uses. Currently configured as creative office and storefront space, the building's adaptable layout lends itself to various possibilities, including conversion into apartments or a large single-family residence. The property's downtown location offers unparalleled access to local amenities and high visibility. While lacking a water heater, the septic system is compliant with all applicable codes. The asking price is $18,000. This historic building offers significant potential for a discerning investor or entrepreneur seeking a prime location and substantial square footage in a thriving Illinois community. The permitted zoning is Downtown, providing flexibility for a wide range of commercial and residential uses. The property's size and location make it an ideal candidate for redevelopment or adaptive reuse. 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
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.