10 Pike StOakland, IL 61943

  • Other commercial real estate
  • 0.10 AC
For Sale
$62,000 View listing

Property Details for 10 Pike St

Lot size
0.10 AC
Property type
Other commercial real estate
APN
03-0-02952-000
APU
3002952000

Description

This exceptional 2,000-square-foot mixed-use commercial property is ideally located in the heart of downtown Oakland, Illinois, on the vibrant town square. Currently vacant, this adaptable space presents a unique opportunity for a variety of businesses. The modern aesthetics and ample square footage offer flexibility for diverse uses, from retail boutiques and tech hubs to cafes and other commercial ventures. Its central location provides easy access to local amenities and transportation, ensuring convenience for both employees and customers. The asking price is $62,000, translating to a price per square foot of $31. This property offers more than just commercial space; it provides a chance to become a vital part of the thriving Oakland community and establish a business in a dynamic urban setting. The property is situated at 10 N Pike St, Oakland, IL 61943, and boasts a prime location within Coles County. This is a remarkable opportunity to secure a well-positioned commercial space in a vibrant and growing Illinois town. The property's size and location make it an attractive investment for entrepreneurs seeking a strong foothold in the Oakland market. Don't miss this chance to establish your business in a location that embodies the energy and diversity of Oakland's downtown area.

Valuation
by Realmo methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $1,602,340
    Hospitality
    $1,467,735
    Educational
    $1,221,138
    Medical
    $1,263,135
    Retail
    $1,899,549
10 Pike St, Oakland, Illinois
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Location Insight

City
Oakland
County
Coles
State
Illinois
Latitude
39.6552
Longitude
-88.0271
CBSA code
16660
CBSA name
CHARLESTON-MATTOON, IL MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2020
$820
$740
$13,763
$14,503
-
$2,220
$41,289
$43,509

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