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Property profile & analytics

607 State St Jacksonville, IL 62650

  • Commercial real estate
  • 0.88 lot acres
Value Estimation
Last Sale
Nov 18, 2024
$275,625
Location Intelligence
Property ID
US28-3544971
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Commercial real estate

Property Details for 607 State St

Lot size
0.88 lot acres
Property type
Commercial real estate
APN
09-21-206-016
APU
921206016

Description

This exceptional 11,570-square-foot commercial property at 607 E State Street C in Jacksonville, Illinois, presents a rare opportunity. Situated on a 1.9-acre lot, this historic building boasts a wealth of unique architectural details reflecting its rich past. Having served diverse businesses – from its origins as a transfer, shipping, and storage facility to more recent uses as boutiques, restaurants, and offices – this adaptable space offers immense potential. Significant recent renovations exceed $100,000, including a new roof and an ongoing remodel of the second floor, which adds over 4,000 square feet of living space, complete with four bedrooms and two full bathrooms. The property's prime location directly across from a popular Jacksonville restaurant ensures high visibility and foot traffic. Mixed zoning allows for a variety of commercial uses, making it ideal for entrepreneurs seeking a unique and established location. The building is being sold "as is," with inspections welcomed. Earnest money is made payable to West State Title. This is a truly remarkable opportunity to own a piece of Jacksonville's history and shape its future.

Value Estimation

by Realmo proprietary methodology Last update: July 3, 2025
  • AI approach

    CAP return
    Estimation
    Estimation
    $275,000
  • CAP approach

    CAP return
    Estimation
    6%
    $290,000
    6.5%
    $285,000
    7%
    $315,000
  • Comparable approach

    Method
    Estimation
    Relative Method
    $270,000
    Geo Method
    $310,000
  • Alternative Use

    Use
    Estimation
    Distribution
    $345,000
    Retail
    $300,000
    Mixed-Use
    $250,000
    Hospitality
    $280,000
    Educational
    $345,000
    Residential Income
    $280,000
    Energy
    $315,000
    Income-Based Land
    $325,000
    Food Service
    $285,000

Location Insight

  • Map
  • Local Demand
City
Jacksonville
County
Morgan
State
Illinois
Longitude
-90.219
Latitude
39.7337
CBSA code
27300
CBSA name
JACKSONVILLE, 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
2022
$5,165
$12,970
$41,240
$54,210
-
$38,910
$123,720
$162,630
More about this property
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