Property profile

123 8th St Watseka, IL 60970

OFF-MARKET
Office buildings
Property ID
US28-3808623
Individually Owned 1-yr Hold Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional commercial property, located at 123 N 8th Street in Watseka, Illinois, presents a unique opportunity for business owners. The building, formerly an eye clinic, boasts 2,048 square feet of adaptable space, perfect for a variety of professional uses. Its "turnkey" condition means immediate occupancy, eliminating the need for extensive renovations or upgrades. The property sits on a 0.35-acre lot, providing ample space for parking or potential future expansion. The building's layout is flexible and easily customizable to suit individual business needs. Its prime location in Watseka offers excellent visibility and accessibility, ensuring a strong presence within the community. The asking price for this exceptional opportunity is $69,900. This represents a significant value for a move-in ready commercial space in a desirable location. Don't miss this chance to establish or expand your business in a thriving community. Contact us today to schedule a viewing and explore the possibilities this property offers. The building is ready for immediate occupancy, allowing you to focus on your business goals without delay. This is an exceptional opportunity to acquire a well-maintained and strategically located commercial property in Watseka, Illinois.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
APN 19 33 352 021
UPID US28-3808623

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Physician
  • Physician

Location

123 8th St Watseka, IL 60970
Watseka metro Census 950400
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$60k

Owner & transaction history

since 2025
Last sale
$56,000
1 recorded transaction
2025
$56,000

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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