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    Property profile & analytics
    OFF-MARKET
    Commercial real estate

    1205 Walnut St, Jacksonville, IL 62650-1101

    2,356 SF 0.12 ac lot Built 1950
    Entity Owned 1-yr Hold ~ Est. High Equity
    Property ID
    US28-4273092
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Commercial real estate
    Use group COMMERCIAL (GENERAL)
    Year built 1950
    Total area 2,356 SF
    Lot 0.12 ac (5,227 SF)
    APN 09-18-413-040
    UPID US28-4273092
    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
    • Sew Sweet Quilt Shop (Bike/Boat/Book/etc) Store Home Decor Store
    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
    Bland Family Farm LLC · 1 yrs held
    Bland Family Farm LLC
    since 2025
    Last sale
    $175,000
    3 recorded transactions
    2025
    $175,000
    2014
    $72,000
    2007
    $75,000
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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