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507 N O'bannon Street

RAYMOND, IL 62560
  • $32,000
  • STATUS: Closed
  • ON SITE: 371 Days
  • ID#: 24028690
Sold - 08/26/2024
$32,000
SOLD - 08/26/2024
  • 0
    BEDS
  • 0.65
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 3,640
    SQFT
  • $0
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1920
County:

School Ratings & Info

Description

Unlock the Potential: Prime Commercial Property on IL Route 48 Prime location with high visibility and a daily traffic flow of approximately 3,050 cars, this property is a golden opportunity for your business venture. With ample parking, both on-site and off-street, accessibility is never an issue. Formerly the iconic White Cottage Restaurant, this property holds a rich history and endless possibilities. Whether you envision revitalizing it into a thriving restaurant once again or transforming it into your own unique establishment, the canvas is yours to paint. Step inside to discover spacious rooms, a welcoming entryway, and a bonus garage offering ample storage space ideal for accommodating various business needs. With a touch of imagination, this commercial property is your chance to make your mark on Route 48 today!

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Listing information © 2025 Mid America Regional Information Systems, Inc. Information from third parties deemed reliable but not verified. Data last update 2025-05-20T23:39:26.337.

Fusion Realty, LLC: 618.781.9170
www.fusionrealtyhomes.com/homes/150515834
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507 N O'bannon Street RAYMOND, IL 62560

  • Price: $34,000
  • Status: Closed
  • On Site: 371 Days
  • Updated: 221 min ago
  • ID#: 24028690
0
Beds
0
Baths
0
½ Baths
0.65
Acres
3,640
SQFT
$0
$/SQFT
1920
Built
Neighborhood:
Not in A Subdivision
County:
Montgomery-Il
Property Description
Unlock the Potential: Prime Commercial Property on IL Route 48 Prime location with high visibility and a daily traffic flow of approximately 3,050 cars, this property is a golden opportunity for your business venture. With ample parking, both on-site and off-street, accessibility is never an issue. Formerly the iconic White Cottage Restaurant, this property holds a rich history and endless possibilities. Whether you envision revitalizing it into a thriving restaurant once again or transforming it into your own unique establishment, the canvas is yours to paint. Step inside to discover spacious rooms, a welcoming entryway, and a bonus garage offering ample storage space ideal for accommodating various business needs. With a touch of imagination, this commercial property is your chance to make your mark on Route 48 today!
Exterior Features

Attached Garage YN No Construction Materials Conventional Lot Size Dimensions 200 x 142 Lot Size Source County Records Parking Features GravelParking Lot Road Frontage Type City StreetState Road Roof Flat Unit Location Corner LocationHigh TrafficHwy/Interstate Frntg

Interior Features

Above Grade Finished Area Source Public Records Building Square Footage 3640.00 Cooling Window Unit(s) Heating Forced Air Heating YN Yes

Property Features

Association Southwestern Illinois Board of REALTORS Commercial Type Commercial LandRetail Cross Street W Henry Street Current Financing Cash OnlyConventional Current Use One StoryFreestandingStore FrontRetailWholesale Disclosures UnknownSellers Discl Not Av Documents Available Aerial Photos Electric Ameren Inclusions Building & Land Lease Term None Miscellaneous 2+ LavatoriesBuilding SignDelivery DoorDisplay WindowOutside Storage Net Operating Income 0 Operating Expense Includes ElectricityGasHeat/CoolingInsuranceReal Estate TaxTelephoneWater/Sewer Possession Close Of Escrow Possible Use RestaurantMeeting HallOfficePersonal ServiceProfessional ServiceRetailService Center/WrhsWholesale Operation Property Sub Type Commercial & Indr. Sewer Public Sewer Special Listing Conditions No ExemptionsNone Tax Annual Amount 1039 Tax Year 2023 Transaction Type Sale Utilities Cable AvailableElectricity AvailableGas to SiteWater AvailableSewer AvailablePhone Available Water Source Public Zoning Commercial

Listing provided courtesy of Montgomery County Realty, Inc.: 5322525. Listing information © 2025 Mid America Regional Information Systems, Inc.
Listing information © 2025 Mid America Regional Information Systems, Inc. Information from third parties deemed reliable but not verified. Data last update 2025-05-20T23:39:26.337.

Fusion Realty, LLC: 618.781.9170
 
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