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Active - Other for sale
Watseka, IL
Facts & features
Why you’ll love it
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.
Listings courtesy of Smith's Real Estate Services, as distributed by MLS GRID.
Listed by: Tim Smith • Smith's Real Estate Services,
Co-listed by: Smith's Real Estate Services,
Source: MRED as distributed by MLS GRID, MLS#: 12427619
Based on info available as of Nov 13, 2026 at 10:33 AM EST.
Come see by yourself
Affordability
$694/mo
- Mortgage$556
- Property tax$138
- HOA fee
- Homeowners insurance
Beycome estimates only. Actual amounts and terms vary by lender and location.
$2,200 Credit back
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Travel times
About Watseka
This local overview has been generated by Artur AI, for informational purposes only. Please verify all details independently before relying on it.
Flood & climate risk
FEMA Flood Zone X
Outside the high-risk Special Flood Hazard Area — flood insurance is usually optional but still worth considering.
More details
Source: FEMA National Flood Hazard Layer. Confirm on the FEMA Flood Map.
Fire
Storm
Air quality
Pollen
Disclaimer
Midwest Real Estate Data (MRED) All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the Multiple Listing Service. Real estate listings held by brokerage firms other than Midwest Real Estate Data may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. Copyright ©2026 All rights reserved.
Based on information submitted to the MLS GRID as of Nov 13, 2026 at 10:33am EST. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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$2,200 Credit back
