1205 Walnut St, Jacksonville, IL 62650-1101
This 2856 square foot commercial building in Jacksonville, Illinois, is ideally situated on W Walnut Street, a thriving business hub near the hospital, ensuring high traffic visibility. Currently vacant and ready for immediate occupancy, the property offers a versatile layout perfect for a variety of businesses. The front 1425 square feet features a bright, spacious showroom divided into three functional areas. The rear 1431 square feet is also divided, offering private entrances, making it ideal for leasing to another business or utilizing for additional storage. This presents a unique opportunity to generate rental income. The building includes an 11-foot overhead door, with the potential to restore a second. An asphalted driveway provides convenient access, and a survey will be conducted at seller's expense to ensure ample parking. High demand for storage in the area makes this property an excellent investment opportunity for various uses, including boat, car, truck, or furniture storage. The asking price of $99,900 represents a significant value for this versatile commercial space.
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Sew Sweet Quilt Shop (Bike/Boat/Book/etc) Store Home Decor Store
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
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.