633 S Lincoln Ave, O'Fallon, IL 62269

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List Price
$275,000
Days on Market
564
MLS#
25020951
Status
ACTIVE
Living Sq. Ft
3,036
Lot Size
9,148
Acres
0.21
Year Built
1897
Subdivision
Atkinsons 2nd Add
County
St. Clair
Listing Type
Commercial

Property Description

Prime corner lot on South Lincoln, offering high-traffic exposure in O'Fallon, IL. This property features two buildings with multiple income-generating opportunities, ideal investors. The main building (633-635) includes two ground-floor commercial spaces: a long-standing alterations/seamstress business ($700/month) and a larger office/retail space that currently is leased to a mental health professional ($1,000/month + $200 for utilities graduating $100/month each of the next two years). The second-floor space, accessible via a separate entrance at 102 W. 7th, was formerly a residential apartment and offers additional value-add potential if renovated and brought up to code. Across the paved parking lot, the second building (625) houses a hair salon generating $585/month. The interior photos included are of the main floor, larger space. Don't miss out on this versatile property with great income potential. Contact us today for more details or to schedule a showing! Call us today to schedule a showing!

Additional Information

Parking Description
Paved, Asphalt
Cooling
Central Air, Electric
Sewer
Public Sewer
Heating
Electric, Natural Gas, Forced Air
Water
Public
Selling Terms
Cash, Conventional

Listing courtesy of Kevin Beck. Kunkel Wittenauer Group, Inc

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Listings courtesy of Mid America Regional Information Systems Internet Data Exchange as distributed by MLS GRID.


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