120 S Main St, Georgetown, IL 61846
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.
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fitcode Marketing & Advertising (Bike/Boat/Book/etc) Store
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C C Services Inc Insurance Agency
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Scott Crawford - COUNTRY Financial representative Insurance Agency
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
Similar Nearby for Sale
Property 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.