Retail

Monticello, IL Retail Properties & Spaces for Sale

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De Land, IL Bement, IL Ivesdale, IL Seymour, IL Bondville, IL De Witt, IL Cerro Gordo, IL Champaign, IL
Mixed Use, Office, Retail
Updated: Apr 3
Mixed Use, Office, Retail

217 W Washington Street, Monticello, IL 61856

$165,000
3,422 sqft
1890 all‑brick mixed‑use building in downtown Monticello with two independently operated income units
1,622 SF loft apartment with private entrance and access to an exterior balcony; leased at $875/month with separate utilities (tenant pays all expenses)
Recent loft updates include three new windows; loft has tall ceilings and an open‑concept layout with large airy living area
Approximately 1,800 SF main‑level commercial retail space with prominent Washington Street storefront next to a restaurant and bar
Commercial retail space is currently leased; tenants cover all utility expenses and the building has separate utilities for both units
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Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Monticello, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Twelve-Bay Self-Service Car Wash
Twelve-Bay Self-Service Car Wash

2208 W Springfield Ave, Champaign, IL 61821

$825,000
7 sqft

Twelve-bay car wash with mechanical room and restroom.

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Retail Building on Springfield Avenue
Retail Building on Springfield Avenue

2206 W Springfield Ave, Champaign, IL 61821

$350,000
3 sqft

3,854 SF retail building available for purchase.

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Former Gas Station with Potential
Former Gas Station with Potential

603 South Prairie View Road, Mahomet, IL 61853

$475,000

Former gas station on under an acre near Interstate.

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Heated Retail Shop with Garage Door
Heated Retail Shop with Garage Door

704 East Franklin Street, Mahomet, IL 61853

Contact for pricing

Retail shop with heated and cooled interior, off-street parking, and a 10-foot garage door for drive-in access.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Champaign Commercial Land For Sale
Champaign Commercial Land For Sale

4202 Nicklaus Drive, Champaign, IL 61822

$750,000
1.92 AC lot

1.92-acre commercial lot in desirable Champaign location.

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Commercial Lot in Growing Community
Commercial Lot in Growing Community

1405 E Oak Street, Mahomet, IL 61853

$1,500,000
3.50 AC lot

3.5-acre commercial lot in Mahomet, ideal for new construction.

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Prime Commercial Lot in Mahomet
Prime Commercial Lot in Mahomet

700 Eastwood Drive, Mahomet, IL 61853

$1,050,000
1.00 AC lot

High-visibility 1-acre lot near interstate and national brands.

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Prime Commercial Land in Champaign
Prime Commercial Land in Champaign

803 N Mattis Avenue, Champaign, IL 61821

$465,000
1.89 AC lot

1.89-acre commercial land in high-visibility Champaign location.

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Monticello, IL Retail Properties & Spaces Market Trends and Statistics

Explore 1 retail properties & spaces for sale in Monticello, IL on our real estate platform. These investment opportunities span a total of 3,422 square feet of properties for sale, with an estimated market value of $165,000.

Sale prices for stores in Monticello, IL start at $165,000, averaging $165,000, and reaching up to $165,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Demographics Overview

Population 8,110
Population Growth (5Y) +2.9%
Median Household Income $94,841
College Educated 53.3%

Taxes & Financing

Tax Rate (average for all types) 6.81%
Tax Rate vs County Average 0.35 pp below county avg
Average Loan-to-Value 65.0%

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