306 Westgate AveJacksonville, IL 62650
- Other commercial real estate
- 0.46 AC
Property Details for 306 Westgate Ave
- Lot size
- 0.46 AC
- Property type
- Other commercial real estate
- APN
- 09-18-303-002
- APU
- 918303002
Description
This exceptional 4,377 square foot brick commercial building presents a compelling investment opportunity in a high-traffic area of Jacksonville, Illinois. Situated on Westgate Avenue, the property boasts excellent visibility and accessibility. The building is divided into two distinct units, offering flexibility for a variety of uses. The larger unit, currently vacant, encompasses over 3,000 square feet and features an attached garage, a half-bath, and dedicated office space, providing ample room for customization to suit a wide range of business needs. The possibilities are truly endless for this expansive space. The smaller unit, measuring approximately 1,200 square feet, is currently leased, generating consistent rental income. The property also includes a convenient parking lot, ensuring ample space for customers and employees. The building is well-maintained, reflecting a clear commitment to quality and pride of ownership. The seller is open to exploring creative financing or leasing options, making this an even more attractive proposition for prospective buyers. This is a rare opportunity to acquire a substantial commercial property in a prime location with significant upside potential. Don't miss out on this chance to own a piece of Jacksonville's thriving commercial landscape.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
Alternative Use
- Use
- Valuation
- Residential
- $6,136,278
- Hospitality
- $5,620,798
- Educational
- $4,676,438
- Medical
- $4,837,268
- Retail
- $7,274,459
Location Insight
- City
- Jacksonville
- County
- Morgan
- State
- Illinois
- Latitude
- 39.74
- Longitude
- -90.2613
- CBSA code
- 27300
- CBSA name
- JACKSONVILLE, IL MICROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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