Are you looking for an investment to diversify your portfolio or maybe you're just getting started investing in real estate?   Then check out this great commercial building in downtown Monticello.   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 University of Illinois) and also home to the Monticello Railway Museum that attracts visitors from all over the USA .  The downtown boasts many service businesses as well as restaurants, bars, home furnishings / flooring and many other retail 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.  This building is one of the most notable.  It sets just at the end of one block off the county courthouse and adjacent to the main route (Rt 105) through Monticello.  The traffic count by this building on Market St is 8550 per day.   This has been an iconic destination for friends to meet up for decades.  It currently houses a very popular bar/restaurant on the main level.  There are 3 apartments upstairs that are very easy to keep rented.  There is also a useable basement that currently houses a walk-in cooler, storage, mechanicals and an office. There is 1900 square feet per level. Some equipment stays with the building, the rest is owned by the bar owner.   Schedule a time to look at this great building, you'll be glad you did.

The manager has listed the unit size as 5700 square feet.