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112 W Adams Ave 9,900 SF 100% Leased Retail Building Altamont, IL 62411 $739,000 ($74.65/SF)
Investment Highlights
- Positioned within Altamont’s core commercial district
- Located near U.S. Route 40
- Opportunity for flexible use or future remodeling
- Steady vehicular and pedestrian traffic
Executive Summary
This retail property at 112 W. Adams Avenue offers a rare opportunity in the heart of Altamont’s business district. Positioned on a main corridor, the site provides visibility and easy access for both local residents and regional visitors. Its location places it within a short distance of U.S. Route 40 and Interstate 70, ensuring seamless connectivity throughout the region. Surrounding establishments and community amenities draw consistent traffic, creating a strong foundation for retail operators to thrive.
The building presents versatile space configurations suitable for a variety of retail concepts or potential redevelopment. Investors will appreciate its proximity to growing residential neighborhoods and key service sectors that support long-term demand for commercial space. Altamont’s central location between Effingham and Vandalia enhances the site’s reach to a broader customer base. This property represents a practical acquisition for businesses or buyers seeking an asset with steady presence in a well-connected Illinois town.
The building presents versatile space configurations suitable for a variety of retail concepts or potential redevelopment. Investors will appreciate its proximity to growing residential neighborhoods and key service sectors that support long-term demand for commercial space. Altamont’s central location between Effingham and Vandalia enhances the site’s reach to a broader customer base. This property represents a practical acquisition for businesses or buyers seeking an asset with steady presence in a well-connected Illinois town.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Building Size
9,900 SF
Building Class
B
Year Built
1900
Price
$739,000
Price Per SF
$74.65
Percent Leased
100%
Building Height
2 Stories
Building FAR
1.62
Lot Size
0.14 AC
Frontage
61’ on West Adams Avenue
Fairly walkable
50/100
Exceptionally drivable
90/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 0917010011 | Improvements Assessment | $89,820 |
| Land Assessment | $5,310 | Total Assessment | $95,130 |
Property Taxes
Parcel Number
0917010011
Land Assessment
$5,310
Improvements Assessment
$89,820
Total Assessment
$95,130
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C21 Realty Concepts
112 W Adams Ave
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