700 N State Street 700,Freeburg, IL 62243
Freeburg, IL 62243
Description
Incredible Investment Opportunity on High-Traffic State Street! This expansive 18,247 sq. ft. mixed-use property sits on 1.210 acres and offers a rare combination of commercial and residential income streams. Featuring 4 retail/commercial spaces along the highly traveled State Street, this property provides maximum visibility and excellent accessibility for tenants and customers alike. The upper levels include 8 well-maintained residential units, each providing tenants with access to desirable amenities such as an elevator, fitness room, and individual storage units-making this an appealing choice for long-term occupancy. Perfect for investors seeking a strong portfolio addition with stable rental potential. Property financials available upon approved request.
Details
| MLS # | 25077959 |
|---|---|
| Listing Type | For Sale |
| Style | Mixed Use |
| Sub-Type | Resale |
| Status | Pending |
| Year | 2011 |
| Days On Site | 342 |
| Listing Provided By | Berkshire Hathaway HomeServices Select Properties | Jim VonDerHaar |
Features
| Building(s) | 1 |
|---|---|
| Acreage | 1.21 |
Exterior
| Construction Materials | Block, Brick |
|---|
Utilities
| Utilities | Electricity Connected |
|---|---|
| Electric | Single Phase |
Taxes
| Property | 41492 |
|---|
Area Information
| State | IL |
|---|---|
| County | St. Clair |
| City | Freeburg |
| Zip Code | 62243 |
| Area | Freeburg |
| Community Name | Williams & Gardners Add |
| Listing VS Median (in Williams & Gardners Add) | |
Price: $1,800,000 low | high Med: $0 On site: 342 low | high Med: | |
Market Activity 62243
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Listings courtesy of Maris MLS as distributed by MLS GRID.
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Learn More About This Property
| State | IL |
|---|---|
| County | St. Clair |
| City | Freeburg |
| Zip Code | 62243 |
| Area | Freeburg |
| Community Name | Williams & Gardners Add |
| Listing VS Median (in Williams & Gardners Add) | |
Price: $1,800,000 low | high Med: $0 On site: 342 low | high Med: | |