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Jerseyville, IL High Income Commercial Investment Properties for Sale

Explore commercial real estate investment properties for sale in Jerseyville, Illinois Market population: 9K. Browse multifamily, office, retail, industrial, and mixed-use investment opportunities....

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⭐ Featured

Investment Opportunity in La Grange Park, IL

$1,190,000
La Grange Park Multifamily

This multifamily apartment property located in La Grange Park, IL, presents a compelling investment opportunity for real...

Cap Rate 7.68%
NOI $91,392
Size 5,200 SF

πŸ“Š Average Cap Rate For Jerseyville IL Properties: 7.68%

πŸ“Š Avg Property Tax Rate For Jerseyville IL Properties: 2.1700%

πŸ“Š Average Income For Jerseyville IL Commercial Property: $50,327

Investor Questions For Jerseyville IL

Common questions from investors exploring commercial real estate in Jerseyville IL.

What's the overall investment potential of Jerseyville, IL, considering its demographics and economy? +
Jerseyville's median household income of $50,327, combined with a relatively low poverty rate of 9.9% and high health insurance coverage of 94.8%, suggests a stable market with a strong foundation for real estate investment, particularly given its diverse top industries including Finance & Insurance and Professional, Scientific, & Management services.
How does the city's commute time and transportation infrastructure impact its attractiveness to renters and investors? +
The average commute time of 27 minutes in Jerseyville, with top commute methods including driving alone, carpooling, and working from home, indicates a manageable and flexible transportation infrastructure, which, when paired with the city's low poverty rate and high health insurance coverage, makes it an attractive location for renters and thus a viable investment opportunity.
What role does ethnic diversity play in the demand for real estate in Jerseyville, and how might it influence investment decisions? +
Jerseyville's top ethnicities, including White and White Non-Hispanic populations, alongside a foreign-born rate of 1.4%, suggest a relatively homogeneous community, but one that is stable and less likely to experience significant cultural or demographic shifts that could impact property values, making it a predictable investment environment.
How do the median property value and property taxes in Jerseyville compare to other potential investment locations, and what are the implications for investors? +
With a median property value of $107,000 and median property taxes of $2,393, Jerseyville offers a relatively affordable entry point for investors, especially when considering the city's stable economy, low poverty rate, and high homeownership rate of 68.4%, which together suggest a lower risk investment with potential for long-term appreciation.
What insights can be gleaned from Jerseyville's employment population, top industries, and income inequality for real estate investors looking to understand market demand and stability? +
The employed population of 3,938, coupled with top industries like Finance & Insurance and Professional services, indicates a strong and diversified economic base, while the GINI coefficient of 0.382 suggests moderate income inequality, which, when considered alongside the low poverty rate of 9.9% and high health insurance coverage of 94.8%, points to a stable and demanding rental market with potential for consistent yields and property appreciation.

Jerseyville IL Real Estate & City Facts

Key facts and real estate information about Jerseyville IL.

What are some of the best neighborhoods to live in Jerseyville? +
Some of the best neighborhoods to live in Jerseyville include Lake West Side, which is known for its peaceful atmosphere and beautiful lake views. Other neighborhoods, such as those near the Jersey County Fairgrounds, are also popular for their family-friendly atmosphere and community events.
What are some fun things to do in Jerseyville? +
Jerseyville has a variety of fun things to do, including visiting the Jersey County Fair, which is one of the oldest county fairs in Illinois, and exploring the local attractions such as the Cheney Mansion and the Fulkerson Mansion and Farm Museum. You can also play golf at the Wolves Crossing Golf Course or visit the Stadium Theatre for some entertainment.
What is the food scene like in Jerseyville? +
The food scene in Jerseyville is diverse and offers a range of options, including American cuisine at restaurants like George's Pub & Grill and DJ's Pub & Grill, as well as Thai food at Siam Thai Food. There are also plenty of great food trucks and local eateries to try.
What are the pros and cons of living in Jerseyville? +
The pros of living in Jerseyville include its small-town charm, family-friendly atmosphere, and community events. However, some cons include the limited job opportunities and higher cost of living compared to other nearby cities. Additionally, the town's remote location may make it difficult to access certain amenities or services.
Is Jerseyville a good place to live? +
Jerseyville can be a good place to live for those who value a small-town atmosphere and community events. While it may have some limitations, the town's friendly residents, beautiful lake views, and local attractions make it an attractive option for families and individuals looking for a peaceful and relaxed lifestyle.
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