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Listing provided courtesy of Smith's Real Estate Services,MREDas Distributed by MLSGrid- MLS# 12427619MLS Provider

106 W Walnut StreetWatseka, IL 60970

Commercial · 2,500 Sq. ft.
$110,000 Active

106 W Walnut Street Overview

Time on Site:
336 days
Visits:
12

Welcome to 106 W. Walnut St., a beautifully updated historic storefront nestled in the heart of Watseka's vibrant downtown corridor. This 2-story, 2,500 SF commercial property is currently operating as a stylish, modern salon with thoughtful renovations throughout the main level - including new flooring, new furnace and central air, and a striking new commercial storefront with large display windows and a custom entry door. The seller is offering a 5-year guaranteed leaseback, creating a dependable income stream for investors from day one. The unrehabbed upper level offers future opportunity for storage, expansion, or conversion. Positioned on a 24x100 lot, this is a rare blend of historic character and turnkey performance - ideal for savvy investors or anyone looking to own a piece of Watseka's flourishing business district.

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106 W Walnut Street Facts & Features

  • Type Commercial
  • Sq. ft. 2,500
  • Price/Sq.ft. $44

Details

General

Income/Expenses

  • Existing Lease Type: N/A
  • Operating Expense: 0

Business Information

  • Business Name: THE HEADQUARTERS
  • Business Type: Barber/Beauty
  • Current Use: Other

Location/Region

  • County Or Parish: Iroquois
  • MLS Area Major: Watseka

Rent/Lease Information

  • Tenant Pays: Other

Tax Information

  • Tax Annual Amount: $1,657.42
  • Tax Year: 2024

General Information

  • Parcel Number: 19324120340000
  • Property Type: Business Opportunity
  • Zoning: COMMR

Interior

Building Interior

  • Building Area Total: 2500

General Information

  • Cooling: Central Air
  • Electric: Service - 101 to 200 Amps
  • Stories: 1

Unit Information

  • Unit SqFt.: 2500

Exterior

Lot Information

  • Additional Parcels: No
  • Frontage Type: City Street,US Highway
  • Lot Size Dimensions: 23.83X100
  • Lot Size Square Feet: 2383
  • Water Source: Municipal Water

Waterfront/View

  • Waterfront: No

Building Exterior/Construction

  • Construction Materials: Brick
  • Roof: Rubber

General Information

  • Utilities: Electric to Site,Natural Gas Available,Cable Available,Fiber

106 W Walnut Street Neighborhood

Community

60970 (WATSEKA) Demographics

52
Median Age
50
Population Density (per sq. mile)
21%
College Educated
$44,947
Estimated Median Income
2,151
Estimated Total Home Owners
951
Estimated Total Renters
69% / 31%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

106 W Walnut Street Monthly Cost

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$ %
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$
$
Jim Luxem Jr
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

106 W Walnut Street Market Data

Based on the last 30 days in this zip code

$175,242
Average List Price
$97
Average Price per Square Foot
7
Properties Sold
144
Average Days on Market
33
Properties for Sale
Calculations provided by Reliance Network

106 W Walnut Street History

Date Event Value Agent
8/2/2025Source: MRED Status Change
Active
7/31/2025Source: MRED Added to Database
July 28, 2025
9/2/2022Source: MRED Status Change
Closed
7/29/2022Source: MRED Added to Database
July 29, 2022
6/20/2022Source: MRED Added to Database
January 27, 2022