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633 S Lincoln Avenue, O'Fallon, IL 62269
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$275,000
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Home Details for 633 S Lincoln Avenue
Price
$275,000
Type
Commercial/Industrial
Year Build
1897
Sq. Ft.
3036
Lot Size
0.21
County
St. Clair
Tax
$5,045
MLS®️ Listing#
25020951
On exitrealty.com
223 days
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 for owner-occupiers looking to offset costs with rental income. 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 previously used for counseling and massage therapy. Just leased for $1,000.00 per month, 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. Don't miss out on this versatile property with great income potential. Contact us today for more details or to schedule a showing!
- Utilities
- Cable Available
- Electricity Available
- Natural Gas Available
- Water Available
- Sewer Available
- Phone Available
- Heating Information
- Electric
- Natural Gas
- Forced Air
- Cooling Information
- Central Air
- Electric
- Parking
- Paved
- Asphalt
- Water Features
- Public
Listing Courtesy: Kunkel Wittenauer Group, Inc - 618-632-8200. Presented by: Kevin Beck
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Market statistics compiled from data from Mid America Regional Information Systems.
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$275,000
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