1440 Walnut StJacksonville, IL 62650

  • Other commercial real estate
  • 14,424 SF
For Lease

Property Details for 1440 Walnut St

Year built
1963
Lot size
3.82 AC
Property size (Sq ft)
14,424 SF
Property type
Other commercial real estate
APN
09-18-200-003
APU
918200003

Description

This exceptional commercial property located at 1440 W WALNUT Street presents a unique investment opportunity. The site encompasses 21,418 square feet of land zoned B-3, ideal for a variety of commercial uses. Currently configured as a single-tenant building, this property offers significant potential for expansion or redevelopment. The existing structure is suitable for a medical center, given its current use and prime location. The property's single-tenant occupancy simplifies management and provides a stable income stream. The B-3 zoning allows for a wide range of commercial development options, making this a versatile and attractive investment. The property's address, 1440 W WALNUT Street, places it in a highly desirable area, offering excellent visibility and accessibility. The Assessor's Parcel Number (APN) is 09-18-200-003. This property is a rare find, combining the benefits of a stable, single-tenant occupancy with the potential for future growth and development within a thriving commercial district. The existing building's square footage is not specified beyond the total land area. Serious inquiries are encouraged to explore the possibilities this exceptional property offers. The property is ready for immediate occupancy or redevelopment, presenting a compelling opportunity for investors seeking a strong return on investment in a prime location. This is a single-suite building on a large parcel of land, offering flexibility and potential for future expansion. The property's location and zoning make it an attractive option for a variety of commercial ventures.

1440 Walnut St, Jacksonville, Illinois

Location Insight

City
Jacksonville
County
Morgan
State
Illinois
Latitude
39.7459
Longitude
-90.2562
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
$19,599
$77,820
$127,890
$205,710
-
$233,460
$383,670
$617,130

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