106 Whitley St, Oakford, IL 62673
This exceptional 3,432 square foot commercial property, located at 106 S Whitley Street in the heart of Oakford, Illinois, presents a rare investment opportunity. Built as the town's original lumber yard, this building is steeped in local history and offers immense potential for a variety of commercial ventures. Its central downtown location ensures high visibility and accessibility. The spacious interior layout is adaptable to numerous uses, including office space, storage facilities, or even a restaurant. The property's size and configuration also lend themselves to creative redevelopment, such as a video gaming parlor, subject to necessary permits and approvals. The asking price of $44,900 represents a significant value for a property with such historical significance and redevelopment potential in a thriving community. This is a chance to own a piece of Oakford's heritage and shape its future. The property sits on a lot with no acreage specified. Serious inquiries are encouraged to explore the possibilities this unique property offers. This is a turnkey opportunity for an entrepreneur looking to establish a business in a desirable location or for an investor seeking a strong return on investment. The building's sturdy construction and prime location promise a long and profitable future for the right owner. Don't miss this chance to acquire a piece of Oakford history and unlock its considerable commercial potential.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
1 recent transactions · within 1.5 miProperty 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.