Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
    New search
    Property profile & analytics
    OFF-MARKET
    Commercial real estate

    23 Central Park Plz, Jacksonville, IL 62650-2036

    0.04 ac lot Built 1945
    Individually Owned 1-yr Hold ~ Est. High Equity
    Property ID
    US28-3544993
    Property summary
    AI-generated overview

    This exceptional downtown Jacksonville property at 23 S Central Park Plaza presents a unique investment opportunity. The building boasts a total of 5,400 square feet situated on a 0.04-acre lot. The ground floor offers 1,600 square feet of commercial retail space, ideal for a variety of businesses looking to establish a presence in the revitalizing downtown area. Above the retail space, a comfortable and well-appointed two-bedroom, two-and-a-half-bathroom apartment provides additional income potential or owner occupancy. The third floor is currently unfinished, offering a blank canvas for creative expansion or customization to suit specific needs. Significant updates have been made to the property over the years, including a new roof, HVAC system, electrical wiring, and plumbing, ensuring peace of mind for the new owner. This property represents a rare chance to acquire a versatile commercial building in a prime downtown location with significant upside potential. The combination of established retail space, residential living quarters, and expansive unfinished space makes this an attractive option for both investors and owner-operators seeking a blend of income generation and future development possibilities. Don't miss this chance to be a part of Jacksonville's exciting downtown transformation. The asking price is $180,000.

    Property profile
    Verified
    Property type Commercial real estate
    Use group COMMERCIAL (GENERAL)
    Year built 1945
    Lot 0.04 ac (1,742 SF)
    APN 09-20-255-001
    UPID US28-3544993
    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
    • On the Wall (Bike/Boat/Book/etc) Store Home Decor Store
    • Holly Cakes Bakery Bakery Specialty Food Shop
    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
    Kale G Scheitler · 1 yrs held
    Kale G Scheitler
    since 2025
    Last sale
    $165,000
    4 recorded transactions
    2025
    $165,000
    2022
    2019
    2016
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Try Rey
    Ask anything about this address in plain English.
    “Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
    You own 23 Central Park Plz?
    List it free. Reach 20,000 daily buyers.
    We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
    List this address →
    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message