907 Main StJacksonville, IL 62650

  • Other commercial real estate
  • 1.23 AC
For Sale
$290,000 View listing

Property Details for 907 Main St

Lot size
1.23 AC
Property type
Other commercial real estate
APN
09-20-419-008
APU
920419008

Description

This exceptional mixed-use property presents a compelling investment opportunity in Jacksonville, Illinois. Located on a sizable 1.23-acre lot at the convenient intersection of Main and Morton Streets, this offering comprises two buildings totaling 3,500 square feet. The property is priced at $290,000, translating to an attractive price per square foot of $82.86. One building is a smaller office space, approximately 450 square feet, while the second building is a larger garage/shop space, measuring approximately 3,096 square feet. The property is held in trust ownership and offers flexibility for the new owner. Current tenants are in place, providing immediate income potential, or the property could be repositioned to suit the new owner's vision. The strategic location and versatile building configuration make this an ideal investment for a variety of uses, from continued rental income to redevelopment. The property's size and location in Jacksonville, IL, offer significant potential for growth and return on investment. The address is 907-909 S Main, Jacksonville, IL 62650. This is a single-story property with two buildings. Serious inquiries are encouraged.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $16,407,609
    Hospitality
    $15,029,281
    Educational
    $12,504,186
    Medical
    $12,934,224
    Retail
    $19,450,956
907 Main St, Jacksonville, Illinois

Location Insight

City
Jacksonville
County
Morgan
State
Illinois
Latitude
39.7242
Longitude
-90.23
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
$4,184
$30,820
$13,100
$43,920
-
$92,460
$39,300
$131,760

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