Waverly, IL 62692,223 N Pearl ST
Waverly, IL 62692,223 N Pearl ST
Waverly, IL 62692,223 N Pearl ST
Waverly, IL 62692,223 N Pearl ST
Waverly, IL 62692,223 N Pearl ST
Waverly, IL 62692,223 N Pearl ST
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$ 125,000
Est. payment | /mo

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$ 125,000
Est. payment | /mo
Save

Key Details

Property Type Commercial

Sub Type Business

Listing Status Active

Purchase Type For Sale

Subdivision Not In A Subdivision

MLS Listing ID 25046413

Year Built 1890

Annual Tax Amount $1,033

Acres 0.15

Property Sub-Type Business

Property Description

Located on the charming town square in Waverly, this 7,000 sq ft commercial property offers a rare blend of historic character and functional space, just 30 minutes from Springfield with convenient highway access. The property consists of two connected two-story buildings, with the south building dating to 1890 and the north building built in 1901, each contributing timeless appeal and solid construction.

The property is currently operating as a business and generating income, providing immediate value for a new owner. With approximately 3,500 sq ft per level, the layout is well-suited for a variety of uses, including professional offices, restaurant or café operations, boutique retail, or a multi-use business concept.

The main floor is fully equipped and ready for continued operation, while the upper level offers a flexible, unfinished space ideal for expansion, whether additional offices, studio space, or storage. Interior features include classic wood flooring, durable brick and metal siding, and an impressive collection of commercial-grade kitchen equipment such as a built-in grill, double freezers, vented exhaust fans, wine/bar refrigerator, dishwasher, and ovens.

Additional amenities include central air, forced-air heat, ceiling fans, full utility connections, and accessibility features such as a ramp entrance and wide doorways. Situated on a 0.15-acre lot in a highly visible, high-traffic location, this property offers excellent exposure and long-term potential.

A unique opportunity for entrepreneurs, investors, or business owners seeking a move-in-ready commercial space with room to grow. All offers welcome.

Location

State IL

County Morgan

Interior

Heating Forced Air

Cooling Ceiling Fan(s), Central Air

Flooring Wood

Fireplace N

Appliance Dishwasher, Exhaust Fan, Freezer, Built-In Freezer, Instant Hot Water, Ice Maker, Indoor Grill, Microwave, Oven, Range, Range Hood, Built-In Refrigerator, Free-Standing Refrigerator, Vented Exhaust Fan, Water Heater, Bar Fridge

Exterior

Fence None

Utilities Available Electricity Connected, Phone Connected, Sewer Connected, Water Connected

View Y/N No

Building

Structure Type Brick,Metal Siding

Others

Ownership Private

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Standard

Listed by Amy Quarton • Tarrant and Harman Real Estate and Auction Co
Chad Klein

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

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223 N Pearl ST