Retail

Monticello, IL Retail Space 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 6 Potential Opportunities for your consideration. Besides 1 Active listings in Monticello, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 1 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.

Prime Commercial Lot in Savoy
Prime Commercial Lot in Savoy

103 Calvin Street, Savoy, IL 61874

$125,000
3,800 sqft 0.33 AC lot

Last available lot in a thriving Savoy commercial area.

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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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Savoy, IL Commercial Space
Savoy, IL Commercial Space

501 Commerce Drive, Savoy, IL 61874

$1,850,000
3,365 sqft 1.30 AC lot

Prime commercial space in a thriving Savoy location!

View details
Retail Building on Springfield Avenue
Retail Building on Springfield Avenue

2206 W Springfield Ave, Champaign, IL 61821

$350,000
3,854 sqft

3,854 SF retail building on Springfield Avenue for sale.

View details

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.

PUD-Zoned Commercial Land with Frontage
PUD-Zoned Commercial Land with Frontage

3229 State Road 207, Elkton, FL 32033

$1,599,000
2.07 AC lot

2.07-acre PUD-zoned parcel on State Hwy 207 with 360 feet of frontage and an on-site renovated 2012 home.

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Monticello, IL Retail Space Market Trends and Statistics

Explore 1 retail space 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 retail space 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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