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700 N State Street #700

Freeburg, IL 62243
$2,100,000
Photo of 700 N State Street #700 Freeburg IL 62243

Details

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.

Specs

Type Commercial
Lot Size 1.21 acres
Year Built 2011
Taxes Paid $41,492

Lots & Building Features

Construction Block, Brick
Tax Year 2024
Taxes Paid $41,492

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Financing

$
20%
1.9758095238095%
6.75%
$
$
$
per month
Principal & Interest
Monthly Taxes
Monthly HOA
Monthly Home Ins.
Monthly PMI

Area

City Freeburg
County St. Clair
Subdivision Williams & Gardners Add
Jim VonDerHaar, Berkshire Hathaway HomeServices Select Properties