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700 N State ST #700 Freeburg, IL 62243
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Key Details
Sold Price $1,500,000
Property Type Commercial
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
Subdivision Williams & Gardners Add
MLS Listing ID 25077959
Sold Date 11/10/26
Year Built 2011
Annual Tax Amount $41,492
Lot Size 1.210 Acres
Acres 1.21
Property Sub-Type Mixed Use
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 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.
Location
State IL
County St. Clair
Area 766 - Freeburg
Interior
Flooring Tile
Fireplace N
Exterior
Utilities Available Electricity Connected
View Y/N No
Building
Structure Type Block,Brick
Others
Ownership Private
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition Standard
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Bought with Jim VonDerHaar
Nearby Locations
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