1600 State St, Jerseyville, IL 62052-3620
This exceptional Jerseyville property, located at 1600 S State St, 62052, offers a unique blend of retail, office, and restaurant opportunities. The single-story building boasts a total of 6,500 square feet of vacant space, strategically situated in the highly visible Jerseyville submarket. The flexible layout allows for multiple tenancy options, with a minimum divisible space of 2,000 square feet and a maximum contiguous space of 4,000 square feet. The property's zoning is commercial, making it suitable for a variety of uses. Three spaces are currently available. One space is nearly ready for immediate occupancy as a restaurant, featuring almost turnkey functionality. The remaining 4,000 square feet can be subdivided into smaller units of 2,000 square feet each, providing exceptional adaptability for various business needs. This prime location along S. State St. ensures high visibility and accessibility for your business. The property is ideal for medical offices, creative offices, or traditional office spaces, offering a versatile solution for diverse business requirements. This is a rare opportunity to secure a prominent space in a thriving Jerseyville commercial area.
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
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.