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219 W Washington Street

MONTICELLO, IL 61856
  • $170,000
  • STATUS: Active
  • ON SITE: 67 Days
  • MLS #: 11746990
UPDATED: 176 min ago

School Ratings & Info

Description

Are you looking for another investment property or maybe you are just getting started investing in real estate? Check out this great commercial building in downtown Monticello**. This building is one of the most visible & notable, as this building has been an iconic destination for friends to meet up for decades. It sets just 1 block off the county courthouse and adjacent to the main route through Monticello (Rt 105). The traffic count on Market St passing this building is 8550 vehicles per day. A local favorite bar/restaurant is located on the main level. There are 3 apartments upstairs that are very easy to keep rented. There is also a useable basement currently used for a walk-in-cooler, storage, mechanicals and an office. There are 1900 square feet per level. **Monticello is a wonderful community centrally located between Champaign, Decatur and Bloomington. The schools are very desirable, it is the county seat, home to the highly acclaimed Allerton Park & Retreat Center (a 1500 acre park with a 40 room mansion owned by the University of Illinois) and also home to the Monticello Railway Museum that attracts visitors from all over the USA. The downtown boasts many service business as well as restaurants, bars, home furnishings/flooring retail spaces and many other offerings. Monticello is a 'Main Street 'community, an organization that strives to revitalize and strengthen the downtown & commercial district's economy. There is a very active Chamber of Commerce as well. Both organizations offer year-round events to bring visitors from all over central Illinois. Schedule a time to look at this great investment opportunity.

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© 2023 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Main Place Real Estate. Based on information submitted to the MRED as of 2023-06-03T23:58:07.283 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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219 W Washington Street MONTICELLO, IL 61856

  • Price: $170,000
  • Status: Active
  • On Site: 67 Days
  • Updated: 176 min ago
  • MLS #: 11746990
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1900
Built
Neighborhood:
Bement / Bondville / Cerro Gordo / Cisco / Deland / La Place / Mahomet / Mansfield / Milmine / Monti
County:
Piatt
Area:
Bement / Bondville / Cerro Gordo / Cisco / Deland / La Place / Mahomet / Mansfield / Milmine / Monti
Property Description
Are you looking for another investment property or maybe you are just getting started investing in real estate? Check out this great commercial building in downtown Monticello**. This building is one of the most visible & notable, as this building has been an iconic destination for friends to meet up for decades. It sets just 1 block off the county courthouse and adjacent to the main route through Monticello (Rt 105). The traffic count on Market St passing this building is 8550 vehicles per day. A local favorite bar/restaurant is located on the main level. There are 3 apartments upstairs that are very easy to keep rented. There is also a useable basement currently used for a walk-in-cooler, storage, mechanicals and an office. There are 1900 square feet per level. **Monticello is a wonderful community centrally located between Champaign, Decatur and Bloomington. The schools are very desirable, it is the county seat, home to the highly acclaimed Allerton Park & Retreat Center (a 1500 acre park with a 40 room mansion owned by the University of Illinois) and also home to the Monticello Railway Museum that attracts visitors from all over the USA. The downtown boasts many service business as well as restaurants, bars, home furnishings/flooring retail spaces and many other offerings. Monticello is a 'Main Street 'community, an organization that strives to revitalize and strengthen the downtown & commercial district's economy. There is a very active Chamber of Commerce as well. Both organizations offer year-round events to bring visitors from all over central Illinois. Schedule a time to look at this great investment opportunity.
Exterior Features

Exterior Building Type Brick Foundation Details Brick/Mortar Frontage Type City Street Parking Total 0 Roof Structure Flat Water Drainage Storm Sewers

Interior Features

Cooling Central Air Heat Ventilation Forced AirGas

Property Features

Additional Parcels YN No Approximate Age Older Built Before1978 YN Yes Electric Separate Meters Fire Protection Ansul System Geographic Locale Central Illinois Gross Income 23400 Gross Scheduled Income 23400 Insurance Expense 3600 Location Central Business DistrictCorner Mls Actual Status Active Number Of Tenants 4 Possible Use CommercialRetail Property Sub Type Apts/Stores Rental Price 6.16 Tax Annual Amount 2604.88 Tax Year 2021 Tenant Pays Air ConditioningElectricityHeatJanitorial Service Total Monthly Income 1950 Township Monticello Type Mixed Use

Listing information © 2023 Midwest Real Estate Data LLC.
Listing provided courtesy of Re/Max Realty Assoc-Monticello: 217-762-8371.


© 2023 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Main Place Real Estate. Based on information submitted to the MRED as of 2023-06-03T23:58:07.283 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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