1603 N Main Street

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1603 N Main Street

Georgetown, IL 61846
Asking Price
$75K
Asset Type
Office
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Commercial office property available for purchase in Georgetown
  • Priced at seventy-five thousand dollars for immediate acquisition
  • Located at 1603 N Main Street in Illinois
  • Suitable for professional office or small business operations
  • Provides a functional workspace for local commercial activities

What's Special

This office property at 1603 N Main Street in Georgetown, Illinois, is available for sale and presents a functional option for small business owners or professional service providers seeking a dedicated workspace. The site is positioned within the Georgetown community, which serves as a quiet setting for local operations within the broader Vermilion County region. Its central placement offers accessibility for clients and employees navigating the local road network. Investors or owner-users may find this asset suitable for administrative, professional, or creative business needs that require a permanent physical presence. The straightforward layout of this office building allows for flexible configurations to suit a variety of business models or service-based enterprises looking for an entry-level commercial investment in a suburban Illinois market.

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NOI
$80,000
Cap Rate
106.67%
DSCR
17.97
Strong
Cash-on-Cash
335.77%
Monthly Payment
$371.059
Annual Cash Flow
$75,547.291

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