607 State St Jacksonville, IL 62650
This exceptional 11,570-square-foot commercial property at 607 E State Street C in Jacksonville, Illinois, presents a rare opportunity. Situated on a 1.9-acre lot, this historic building boasts a wealth of unique architectural details reflecting its rich past. Having served diverse businesses – from its origins as a transfer, shipping, and storage facility to more recent uses as boutiques, restaurants, and offices – this adaptable space offers immense potential. Significant recent renovations exceed $100,000, including a new roof and an ongoing remodel of the second floor, which adds over 4,000 square feet of living space, complete with four bedrooms and two full bathrooms. The property's prime location directly across from a popular Jacksonville restaurant ensures high visibility and foot traffic. Mixed zoning allows for a variety of commercial uses, making it ideal for entrepreneurs seeking a unique and established location. The building is being sold "as is," with inspections welcomed. Earnest money is made payable to West State Title. This is a truly remarkable opportunity to own a piece of Jacksonville's history and shape its future.
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
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.