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700 N State Street , #700

Freeburg, IL 62243
  • $2,100,000
  • STATUS: Active
  • ON SITE: 14 Days
  • ID#: 25077959
$2,100,000
  • 0
    BEDS
  • 1.21
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
2011
County:
Area:

School Ratings & Info

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 unitsmaking 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.

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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 2025-12-08T22:39:11.74.

Fusion Realty, LLC: 618.781.9170
www.fusionrealtyhomes.com/homes/170880105
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700 N State Street , #700 Freeburg, IL 62243

  • Price: $2,100,000
  • Status: Active
  • On Site: 14 Days
  • ID#: 25077959
0
Beds
0
Baths
0
½ Baths
1.21
Acres
2011
Built
Neighborhood:
Williams & Gardners Add
County:
St. Clair
Area:
Freeburg
Property 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 unitsmaking 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.
Exterior Features

Construction Materials BlockBrick Lot Size Source Public Records Road Frontage Type City Street Road Surface Type Asphalt Waterfront YN No

Interior Features

Flooring Tile Main And Upper Level Bathrooms 0 Main And Upper Level Bedrooms 0

Property Features

Association Southwestern Illinois Board of REALTORS Auction YN No Business Type Professional ServiceRestaurantRetail Current Use RestaurantRetail Disclosures See Seller's Disclosure Electric Single Phase Gross Income 1 Listing Terms CashConventional Ownership Type Private Possession Close Of Escrow Possible Use RestaurantRetail Property Sub Type Mixed Use Section FREEBURG Special Listing Conditions Standard Tax Annual Amount 41492 Tax Legal Description To follow per title report Tax Year 2024 Utilities Electricity Connected

Listing provided courtesy of Berkshire Hathaway HomeServices Select Properties: 618-628-2400. 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 2025-12-08T22:39:11.74.

Fusion Realty, LLC: 618.781.9170
 
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