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    FOR SALE
    Commercial real estate

    120 S Main St, Georgetown, IL 61846

    Individually Owned Absentee Owner Free & Clear
    Property ID
    US28-3027973
    Property summary
    AI-generated overview

    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
    Verified
    Property type Commercial real estate
    Use group COMMERCIAL (GENERAL)
    APN 28-32-301-036
    UPID US28-3027973
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • fitcode Marketing & Advertising (Bike/Boat/Book/etc) Store
    • C C Services Inc Insurance Agency
    • Scott Crawford - COUNTRY Financial representative Insurance Agency
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    SCOTT CRAWFORD
    SCOTT CRAWFORD
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    More about this property
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