Neighborhood: Bement / Bondville / Cerro Gordo / Cisco / Deland / La Place / Mahomet / Mansfield / Milmine / Monticello / Saybrook / Seymour / White Heath
Property Taxes: $2,605
Tax Year: 2021
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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