For Sale
$225,000

1203 Walnut StJacksonville, IL 62650

Two Buildings, High Traffic Area, Great Investment

Overview

Added:
Dec 11, 2024
Days on market:
117
This exceptional investment opportunity in Jacksonville, IL, presents two adjoining commercial buildings totaling 8606 sq ft for $225,000. The main building, 1203 Walnut Street, is a 5750 sq ft brick and block structure built in 1981, featuring overhead doors and currently leased month-to-month for $1000. It houses a showroom and space occupied by automotive and motorcycle businesses. The adjacent building, 1205 Walnut Street, offers 2856 sq ft of immaculate space, previously a sewing center with showroom, classroom, and owner's retreat. This building will be vacant October 1st, presenting a blank canvas for a new tenant or expansion. Both buildings share parking. The high-traffic location on West Walnut Street, near the hospital and other businesses, ensures strong potential for rental income and future appreciation. Originally listed separately for $298,000, this combined package offers a significantly reduced price, representing a smart investment opportunity. Don't miss this chance to acquire two buildings in a prime location at a compelling price.

Highlights

  • Asking Price: $225,000 for two buildings.
  • Property consists of two buildings totaling 8606 square feet on a single lot in Jacksonville, IL.
  • Building at 1203 Walnut Street is 5750 sq ft, currently leased month-to-month for $1000.
  • Building at 1205 Walnut Street is 2856 sq ft, vacant October 1st, 2024.
  • Located near a hospital and other businesses, with high traffic counts on West Walnut Street.

Property Details for 1203 Walnut St

Property type
Warehouses, Retail properties
Year Built
1981
Buildings
2

Location Insight

City
Jacksonville
County
Morgan
State
Illinois
Latitude
39.7449039
Longitude
-90.2484732
1203 Walnut St, Jacksonville, Illinois

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1203 Walnut St
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