Vandalia, IL Commercial Real Estate for Sale

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Mulberry Grove, IL Vernon, IL Ramsey, IL
Three-Story Mixed-Use Building
Updated: Mar 19
Three-Story Mixed-Use Building

612 W Gallatin Street, Vandalia, IL 62471

$800,000
20,700 sqft · 0.53 AC lot
1924 three‑story downtown building with approx. 20,000+ sq ft total and about 6,900 sq ft per floor
Building previously operated as a motel and later as efficiency apartments before a fire
Elevator provides access from the basement through the 3rd floor; two sets of stairs serve all 4 levels
Brick construction with forced‑air heating and wall unit(s) cooling
Concrete floor system with pour thickness noted: 1st floor 19", 2nd floor 15", 3rd floor 11"
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Downtown Three-Story Commercial Building
Updated: Mar 28, 2025
Downtown Three-Story Commercial Building

612 W Gallatin St, Vandalia, IL 62471

$800,000
20,700 sqft
Large building with over 20,000 sq ft, approximately 6900 sq ft per floor.
Includes the parcel the building sits on, with an optional second parcel for enhanced development potential.
Elevator access from basement to the 3rd floor, plus two staircases accessing all four levels.
Downtown location.
Main floor features a lobby, dining hall, kitchen/serving area, bathrooms, and additional rooms.
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Based on your search, we've compiled 76 Potential Opportunities for your consideration. Besides 2 Active listings in Vandalia, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 70 Off-Market properties to explore as potential leads

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Agricultural Land with Multiple Parcels
Agricultural Land with Multiple Parcels

E Lake Dr., Greenville, IL 62246

$880,000
92.66 AC lot

92.99± acres across four parcels supports active farming and includes a pole barn and stocked lake.

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Greenville Mixed-Use Investment Opportunity
Greenville Mixed-Use Investment Opportunity

118 W Main Street, Greenville, IL 62246

$319,000
2 sqft

Retail space and four apartments in downtown Greenville, Illinois.

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Prime Commercial Land Available
Prime Commercial Land Available

100 N 44th St, Mt, Vernon, IL

Contact for pricing
10.00 AC lot

10 acres of divisible land in Mt. Vernon, IL.

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Land at Interstate Crossroads
Land at Interstate Crossroads

Mount Vernon Pointe, Mt., Vernon, IL

Contact for pricing
8.16 AC lot

Commercial land at the crossroads of Interstates 57 and 64.

View details

Off-Market Properties in Vandalia, IL

Consider similar Off-Market properties in Vandalia, IL. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

1119 Us Hwy 40
COMMERCIAL (GENERAL)

1119 Us Hwy 40, Vandalia, IL 62471-4178

Value Estimation by Request
2.50 AC lot
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Gallatin At S 1st St
COMMERCIAL (GENERAL)

Gallatin At S 1st St, Vandalia, IL 62471

Value Estimation by Request
0.18 AC lot
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127 Gallatin St
COMMERCIAL (GENERAL)

127 Gallatin St, Vandalia, IL 62471-2816

Value Estimation by Request
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729 Saint Louis Ave
COMMERCIAL (GENERAL)

729 Saint Louis Ave, Vandalia, IL 62471-2728

Value Estimation by Request
0.42 AC lot
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Vandalia, IL 62471
COMMERCIAL (GENERAL)

Vandalia, IL 62471

Value Estimation by Request
20.00 AC lot
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1826 Jefferson St
COMMERCIAL (GENERAL)

1826 Jefferson St, Vandalia, IL 62471-1466

Value Estimation by Request
0.14 AC lot
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1828 Jefferson St
COMMERCIAL (GENERAL)

1828 Jefferson St, Vandalia, IL 62471-1447

Value Estimation by Request
0.19 AC lot
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401 Gallatin St
COMMERCIAL (GENERAL)

401 Gallatin St, Vandalia, IL 62471-2746

Value Estimation by Request
0.10 AC lot
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500 Gallatin St
COMMERCIAL (GENERAL)

500 Gallatin St, Vandalia, IL 62471-2749

Value Estimation by Request
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7 Mattes Ave
COMMERCIAL (GENERAL)

7 Mattes Ave, Vandalia, IL 62471-2070

Value Estimation by Request
1.19 AC lot
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Vandalia, IL 62471
COMMERCIAL (GENERAL)

Vandalia, IL 62471

Value Estimation by Request
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704 Janette Dr
COMMERCIAL (GENERAL)

704 Janette Dr, Vandalia, IL 62471-3523

Value Estimation by Request
0.90 AC lot
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310 Gallatin St
COMMERCIAL (GENERAL)

310 Gallatin St, Vandalia, IL 62471-2821

Value Estimation by Request
0.08 AC lot
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312 Gallatin St
COMMERCIAL (GENERAL)

312 Gallatin St, Vandalia, IL 62471-2821

Value Estimation by Request
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315 Kennedy Blvd
COMMERCIAL (GENERAL)

315 Kennedy Blvd, Vandalia, IL 62471-2317

Value Estimation by Request
0.28 AC lot
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730 Orch St
COMMERCIAL (GENERAL)

730 Orch St, Vandalia, IL 62471-1249

Value Estimation by Request
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407 Gallatin St
COMMERCIAL (GENERAL)

407 Gallatin St, Vandalia, IL 62471-2746

Value Estimation by Request
0.02 AC lot
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410 Gallatin St
COMMERCIAL (GENERAL)

410 Gallatin St, Vandalia, IL 62471-2747

Value Estimation by Request
0.12 AC lot
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Vandalia, IL 62471
COMMERCIAL (GENERAL)

Vandalia, IL 62471

Value Estimation by Request
0.06 AC lot
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300 Orch St
COMMERCIAL (GENERAL)

300 Orch St, Vandalia, IL 62471-1314

Value Estimation by Request
View details
Janette Dr
Land

0 Janette Dr, Vandalia, IL 62471

Value Estimation by Request
3.57 AC lot
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1325 Veterans Ave
Land

1325 Veterans Ave, Vandalia, IL 62471

Value Estimation by Request
2.49 AC lot
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Vandalia, IL Commercial Real Estate Market Trends and Statistics

Explore 72 commercial real estate for sale in Vandalia, IL on our real estate platform. These investment opportunities span a total of 48,900 square feet of properties for sale, with an estimated market value of $2,075,000.

Sale prices for business properties in Vandalia, IL start at $475,000, averaging $691,666, and reaching up to $800,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Demographics Overview

Population 10K
Population Growth (5Y) -0.5%
Median Household Income $58,810
College Educated 26.9%

High-Yield Neighborhoods for Investment

Identify Vandalia submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
62471 $691.7K

Taxes & Financing

Tax Rate (average for all types) 8.24%
Tax Rate vs County Average 1.02 pp above county avg
Average Loan-to-Value 65.0%

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