Property summary
This well-maintained, 1,092 square foot traditional office building is available for purchase at $149,000 ($136.45/sq ft). Located at 120 S Main St, Georgetown, IL 61846, this single-story, 1945-built property offers a convenient location within the Georgetown TIF District. The building features six parking spaces and includes a reception area, one office, one conference room, one break room, an air lock utility room, and two restrooms. The property is in excellent condition and is move-in ready. The current tenant will vacate on May 31, 2024, relocating to a new address in Tilton, IL. The building's strategic location benefits from an IDOT AADT of 5,200, making it suitable for a variety of uses, including office, medical, or retail businesses. The APN is 28-32-301-036. This presents a compelling opportunity for investors seeking a well-situated, immediately available commercial property in Vermilion County, Illinois. The property is ready for immediate occupancy by a new owner.
Property profile
VerifiedCap rate & NOI
Current use
-
Marketing & Advertising (Bike/Boat/Book/etc) Store
-
Insurance Agency
-
Insurance Agency
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2023Property 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.
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
Registration is required before any owner information is shown.