109 Washington St, Edinburg, IL 62531-9420
This exceptional commercial property in Edinburg, Illinois, presents a unique investment opportunity at $135,000. Located at 109 E WASHINGTON Street, 62531, this property features a well-maintained historic building currently operating as a funeral home. The main floor boasts a nicely remodeled interior with an updated half bath, providing ample space for various commercial uses. Upstairs, a comfortable living space includes a bedroom, full bath, living room, kitchen, and a bonus room/bedroom, offering versatile potential. Attached to the main building is a three-car garage, adding significant convenience and storage. The property also includes an unfinished basement, providing additional storage or expansion possibilities. Complementing the main structure is a large, lighted gravel lot, perfect for parking or outdoor activities, and a detached two-car garage with a newer roof and siding. This property's combination of historic charm, updated features, and substantial outdoor space makes it an ideal investment for a variety of commercial ventures. The property is situated in Christian County, Illinois, offering easy access to local amenities and transportation routes. This is a rare opportunity to acquire a versatile commercial property with significant potential in a desirable location.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Property description
Physical attributes from public recordsZoning & alternative use
C-1 · Edinburg, ILEdinburg. Always verify with local authorities before improvements.
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.