Share This Listing

Message

967 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the broker for more information about this property

Executive Summary

This is a commercial building property situated in Gotham, Illinois. The Southern part of Illinois. It is two stories; it was an old retail space or store.
The positive aspects of this are that it’s made of brick a good material & it has been standing for many years & should be for many more.
I haven’t been there to have it inspected so; it’s sold AS IS. However, I can tell the front facade needs restored. It’s sold at a discount for this reason, since I do not know what structural; electrical issues it has etc..
Let me know if you have any questions. Accepting offers to sell this immediately. I think it would make an excellent store front or warehouse for a business; or if converted and rezoned; obviously an apartment, or a business where you live on site with approval. Maybe an Art studio.
Again, I believe Gorham, Illinois is also close to Rivers; and close to driving distance of the Southern US. Which makes this a very attractive location that has most likely withstood high winds in the past. Because, it’s still standing.
Again I am not an expert in property conditions and have not done anything to this place since purchase; so it’s a blank slate. I have expect it requires a lot of work. I wasn’t told about its conditions when I purchased it it was sight unseen purchase so please let me know what kind of offers you have and I will work for you. I have it priced higher than I expected it to sell for so I’m willing to take what I can get potentially 100,000.00

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Building Size
1,523 SF
Building Class
C
Year Built
1950
Price
$205,041 CAD
Price Per SF
$134.63 CAD
Percent Leased
100%
Building Height
1 Story
Building FAR
0.21
Lot Size
0.17 AC
Frontage
42’ on Paul Street
Not walkable
10/100
Exceptionally drivable
90/100
Fairly bikeable
50/100
  • Listing ID: 40350367

  • Date on Market: 2026-04-30

  • Last Updated:

  • Address: 412 Paul St, Gorham, IL 62940

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}