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    Property profile & analytics
    FOR SALE
    Commercial real estate

    328 E State St, Jacksonville, IL 62650

    0.07 ac lot
    Entity Owned ~ Est. High Equity
    Property ID
    US28-4328624
    Property summary
    AI-generated overview

    This 1710-square-foot commercial building is ideally situated on East State Street in Jacksonville, Illinois. Its prime location boasts high visibility, being adjacent to the KC Hall, across from Trinity Church and the Jacksonville Area Museum, and near the Jacksonville Area Convention and Visitors Bureau. The building features a large storefront window perfect for showcasing merchandise, a spacious main room measuring 65x18 feet, restrooms, and a small kitchen area. An added benefit is a 2-bedroom apartment on the upper level currently generating $450 in monthly rent. The full basement provides ample storage space. The property also includes a charming garden area with substantial hardscaping. The building's previous use included party bookings, presenting diverse possibilities for a new owner. The building has two HVAC units—one upstairs in the apartment and one in the basement for the main floor. Utilities are mostly separate, with the owner responsible for the main level's water bill. The upstairs appliances belong to the tenant, who requires 48-hour notice for showings. The zoning is B3—Business—Limited Business District. The roof age is unknown

    Property profile
    Verified
    Property type Commercial real estate
    Use group COMMERCIAL (GENERAL)
    Lot 0.07 ac (3,049 SF)
    APN 09-21-124-003
    UPID US28-4328624
    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
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Blend (final) Blend
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    Owner & transaction history
    Wolf Run Holdings LLC
    Wolf Run Holdings LLC
    since 2026
    Last sale
    $57,000
    5 recorded transactions
    2026
    2026
    2025
    $57,000
    2020
    $55,000
    2019
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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