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$225,000
Est. payment /mo
5,998 Sqft Lot
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Subdivision Alton
MLS Listing ID 25078882
Year Built 1952
Annual Tax Amount $3,231
Lot Size 5,998 Sqft
Acres 0.1377
Property Description
Prime Commercial Building with Income-Producing Apartment – Endless Possibilities!
This exceptional, all-brick commercial building offers outstanding visibility in a high-traffic retail corridor, perfect for serious investors or business owners seeking versatility and built-in value. Featuring a durable tin roof and two full stories, the upper level boasts a spacious 2-bedroom apartment already occupied with reliable tenants, meaning no need to find renters. Lease agreement can be negotiated with an accepted offer.
The lower level provides 2,251 sq ft of adaptable commercial space with two separate entrances, allowing you to operate one large business or easily divide it into two. Ideal for endless uses such as lash & brow studios, tattoo artists, solo estheticians, personal trainers, counselors/therapists, boutique retail, and more.
Recent updates include Google Nest fire/carbon detectors, all new exterior LED lighting, electrical improvements, and various modern upgrades throughout. Property also includes a 2-bay detached garage and two parcels, offering extra room and value.
This is a rare opportunity with excellent exposure, strong curb appeal, and built-in rental income. The potential here is tremendous—perfect for the right investor or entrepreneur ready to take advantage of a thriving location!
This exceptional, all-brick commercial building offers outstanding visibility in a high-traffic retail corridor, perfect for serious investors or business owners seeking versatility and built-in value. Featuring a durable tin roof and two full stories, the upper level boasts a spacious 2-bedroom apartment already occupied with reliable tenants, meaning no need to find renters. Lease agreement can be negotiated with an accepted offer.
The lower level provides 2,251 sq ft of adaptable commercial space with two separate entrances, allowing you to operate one large business or easily divide it into two. Ideal for endless uses such as lash & brow studios, tattoo artists, solo estheticians, personal trainers, counselors/therapists, boutique retail, and more.
Recent updates include Google Nest fire/carbon detectors, all new exterior LED lighting, electrical improvements, and various modern upgrades throughout. Property also includes a 2-bay detached garage and two parcels, offering extra room and value.
This is a rare opportunity with excellent exposure, strong curb appeal, and built-in rental income. The potential here is tremendous—perfect for the right investor or entrepreneur ready to take advantage of a thriving location!
Location
State IL
County Madison
Interior
Heating Forced Air
Cooling Central Air
Fireplace N
Appliance Gas Cooktop, Microwave, Refrigerator
Exterior
Utilities Available Cable Available, Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Water Available, Water Connected
View Y/N No
Building
Structure Type Brick
Others
Ownership Private
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition Standard
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Listed by Yvonne Rushton • Keller Williams Marquee
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