600 Diamond StJacksonville, IL 62650

For Sale
$109,900 View listing
  • Commercial real estate
  • 0.27 AC

Property Details for 600 Diamond St

Lot size
0.27 AC
Property type
Commercial real estate
APN
09-20-402-001
APU
920402001

Description

This exceptional 3,288 square foot commercial building is situated on a 0.27-acre lot at 600 S Diamond Street in Jacksonville, Illinois. The property boasts a desirable location on Diamond Street and is in excellent condition, offering ample natural light throughout. The main commercial space, totaling 2,568 square feet, presents a fantastic opportunity for a variety of retail businesses. A significant advantage is the inclusion of a 720 square foot unfinished apartment located upstairs, offering potential for additional income or employee housing. Furthermore, the building features a functional freight elevator providing convenient access to a clean and usable basement area, significantly expanding storage and operational capabilities. Currently, an active "Anything Buy Sell Trade" business operates within the space, and the owner is open to selling the business as a going concern. Alternatively, the owner is also considering lease or rental agreements for the property. This versatile property offers a unique blend of retail space, storage, and potential residential components, making it an attractive investment opportunity in a thriving Jacksonville location. The property is ready for immediate occupancy and presents a compelling opportunity for a discerning buyer or tenant.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $3,601,596
    Hospitality
    $3,299,042
    Educational
    $2,744,764
    Medical
    $2,839,161
    Retail
    $4,269,634
600 Diamond St, Jacksonville, Illinois

Location Insight

City
Jacksonville
County
Morgan
State
Illinois
Latitude
39.729
Longitude
-90.2382
CBSA code
27300
CBSA name
JACKSONVILLE, IL MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$1,892
$4,460
$15,400
$19,860
-
$13,380
$46,200
$59,580

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