Property summary
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.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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