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Listing provided courtesy of KELLER WILLIAMS-TRECMREDas Distributed by MLSGrid- MLS# 12630262MLS Provider

109 W 8th StreetGibson City, IL 60936

Commercial · 3,500 Sq. ft.
$280,000 Active

109 W 8th Street Overview

Time on Site:
64 days
Visits:
0

Turn opportunity into success with this standout commercial property in the heart of Gibson City. Equipped with a commercial kitchen and optional existing equipment, this space provides the perfect setup for a restaurant, coffee shop, deli, bakery, or catering venture. Its central location and flexible layout offer endless possibilities for entrepreneurs looking to make their mark. Whether you're launching a new concept or growing an established business, this property is ready to help bring your vision to life.

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109 W 8th Street Facts & Features

  • Type Commercial
  • Sq. ft. 3,500
  • Price/Sq.ft. $80

Details

General

Association/HOA

  • Association Fee Frequency: Not Applicable

Income/Expenses

  • Existing Lease Type: N/A
  • Net Operating Income: 0

Building Information

  • Year Built: 1900

Location/Region

  • County Or Parish: Ford
  • MLS Area Major: Gibson City
  • Township: Drummer

Rent/Lease Information

  • Tenant Pays: All Utilities

Tax Information

  • Tax Annual Amount: $3,833.92
  • Tax Year: 2024

General Information

  • Parcel Number: 09111118701100
  • Property Sub Type: Restaurant
  • Property Type: Commercial Sale
  • Zoning: COMMR

Interior

Building Interior

  • Building Area Total: 3500

General Information

  • Cooling: Central Air
  • Electric: Ameren
  • Foundation Details: Concrete Perimeter
  • Leasable Area: 3500
  • Stories: 1

Unit Information

  • Unit SqFt.: 3500

Exterior

Lot Information

  • Additional Parcels: No
  • Frontage Type: City Street
  • Lot Size Dimensions: 55X75
  • Lot Size Square Feet: 3500
  • Water Source: Municipal Water

Building Exterior/Construction

  • Construction Materials: Brick, Wood, Vinyl Siding
  • Roof: Membrane, Other

General Information

  • Number Of Units Total: 1
  • Utilities: Sewer Connected

109 W 8th Street Neighborhood

Community

60936 (Gibson City) Demographics

45
Median Age
40
Population Density (per sq. mile)
35%
College Educated
$46,192
Estimated Median Income
1,395
Estimated Total Home Owners
562
Estimated Total Renters
71% / 29%
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.

109 W 8th Street Monthly Cost

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$ %
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$
$
Jeremy Woods
* 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.

109 W 8th Street Market Data

Based on the last 30 days in this zip code

$232,177
Average List Price
$140
Average Price per Square Foot
4
Properties Sold
63
Average Days on Market
9
Properties for Sale
Calculations provided by Reliance Network

109 W 8th Street History

Date Event Value Agent
5/2/2026Source: MRED Status Change
Active
4/27/2026Source: MRED Added to Database
April 27, 2026