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$95,000
Est. payment /mo
3,123 Sqft Lot
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Subdivision Wood River Sub
MLS Listing ID 26026092
Annual Tax Amount $1,217
Lot Size 3,123 Sqft
Acres 0.0717
Property Description
Located on East Ferguson Avenue, this unique commercial property is packed with potential and ready for its next chapter! The unfinished main level offers a blank canvas for a variety of business opportunities and is already equipped with plumbing for a bathroom and mop sink, along with new drainage lines. Whether you envision retail, office space, a salon, café, studio, or another creative venture, the possibilities here are endless.
What truly sets this property apart is the income-producing potential upstairs. The upper level features two separate 1-bedroom apartments, each with its own charm — one offering a full bath and the other a 3/4 bath. The units share a rear common area with stair access leading down to a spacious garage area accessible from the alley behind the building. The large roll door allows for plenty of clearance.
Bring your vision to life and unlock this property's full potential! This mixed-use investment opportunity has strong visibility, flexible space, and built-in rental income potential could become something really special in the heart of Wood River.
What truly sets this property apart is the income-producing potential upstairs. The upper level features two separate 1-bedroom apartments, each with its own charm — one offering a full bath and the other a 3/4 bath. The units share a rear common area with stair access leading down to a spacious garage area accessible from the alley behind the building. The large roll door allows for plenty of clearance.
Bring your vision to life and unlock this property's full potential! This mixed-use investment opportunity has strong visibility, flexible space, and built-in rental income potential could become something really special in the heart of Wood River.
Location
State IL
County Madison
Interior
Fireplace N
Exterior
View Y/N No
Building
Structure Type Block,Brick
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition Standard
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Listed by Ali Tarrant • Tarrant and Harman Real Estate and Auction Co
NEARBY SCHOOLS & PROPERTIES
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