633 S Lincoln Avenue, O'Fallon, IL 62269
sale
$275,000
|
Unimproved Land
Courtesy Of Kunkel Wittenauer Group
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!
Call us today to schedule a showing!
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Property Features
- Age: Over 50 Years Old
- Architecture Style: Other
- Cooling System: Electric
- Cooling System: Central Air
- Exterior Type: Metal Siding
- Heating System: Electric (Heating)
- Heating System: Forced Air
- Heating System: Natural Gas
- Legal Description: ATKINSONS 2ND ADD OFALLON LOT/SEC-32-BLK/RG-3 E 1/2 LOT 31 & ALL LOT 32 A02569269
- MLSID: 25020951
- Roof Type: Shingle
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