Waverly, IL Commercial Real Estate for Sale

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New Berlin, IL Franklin, IL Chatham, IL Auburn, IL Springfield, IL Thayer, IL Virden, IL Pleasant Plains, IL
Commercial Kitchen Property with Restaurant Equipment
Updated: Jul 22
Commercial Kitchen Property with Restaurant Equipment

223 N Pearl Street, Waverly, IL 62692

$99,900
0.15 AC lot
Approximately 7,000 square feet across two connected, two‑story buildings
Main level includes built‑in grill, ovens, double freezers, bar refrigeration, dishwasher, and vented exhaust systems
Approximately 3,500‑square‑foot unfinished upper level
South building dates to 1890; north building was constructed in 1901
Approximately 0.15 acres at 223 N Pearl Street on the Waverly town square
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1 active listing matches your search: For sale in Waverly, IL. Based on your search, we've also compiled 75 Potential Opportunities for your consideration: 4 properties in nearby cities and 71 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.

38-Acre Farmland Tract
38-Acre Farmland Tract

8812 EMMERSON AIRLINE RD, Palmyra, IL 62674

$657,531
38 sqft

Tillable agricultural acreage with productive soils near Palmyra and area grain elevators.

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Contiguous Farmland Parcels
Contiguous Farmland Parcels

8812 EMMERSON AIRLINE RD, PALMYRA, IL 62674, Palmyra, IL 62674

$657,531
38.6 acres

Two adjoining parcels carry a 138.9 Productivity Index and are available for the 2027 farming season.

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Bar Property with Beer Garden
Bar Property with Beer Garden

400 W JEFFERSON ST, Auburn, IL 62615

Contact for pricing

Renovated bar property with a second-floor apartment, updated HVAC, and connected outdoor beer garden.

Beer garden  Video gaming
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Bar and Tavern
Bar and Tavern

323 W MADISON Street #321 - 327, Auburn, IL 62615

Contact for pricing
Business included

Recent improvements and acquired items are included in the sale.

View details

Off-Market Properties in Waverly, IL

Consider similar Off-Market properties in Waverly, 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.

199 Pearl St
COMMERCIAL (GENERAL)

199 Pearl St, Waverly, IL 62692-1008

Estimated value:
$260,000
0.14 AC lot
View details
445 Elm St
COMMERCIAL (GENERAL)

445 Elm St, Waverly, IL 62692-1088

Estimated value:
$70,000
0.19 AC lot
View details
400 Miller St
COMMERCIAL (GENERAL)

400 Miller St, Waverly, IL 62692

Estimated value:
$65,000
0.26 AC lot
View details
430 Elm St
COMMERCIAL (GENERAL)

430 Elm St, Waverly, IL 62692-1040

Estimated value:
$235,000
1.09 AC lot
View details
231 Miller St
COMMERCIAL (GENERAL)

231 Miller St, Waverly, IL 62692-1158

Estimated value:
$60,000
0.73 AC lot
View details
149 Pearl St
COMMERCIAL (GENERAL)

149 Pearl St, Waverly, IL 62692-1165

Estimated value: by Request
600 sqft 0.04 AC lot
View details
195 Pr St
COMMERCIAL (GENERAL)

195 Pr St, Waverly, IL 62692

Estimated value: by Request
0.21 AC lot
View details
405 Elm St
COMMERCIAL (GENERAL)

405 Elm St, Waverly, IL 62692-1088

Estimated value:
$160,000
0.21 AC lot
View details
129 Pearl St
COMMERCIAL (GENERAL)

129 Pearl St, Waverly, IL 62692-1087

Estimated value:
$260,000
0.13 AC lot
View details
3150 Timmons
INDUSTRIAL (GENERAL)

3150 Timmons, Waverly, IL 62692

Estimated value:
$280,000
0.23 AC lot
View details
126 Pearl St
COMMERCIAL (GENERAL)

126 Pearl St, Waverly, IL 62692-1166

Estimated value:
$70,000
0.07 AC lot
View details
396 Miller St
COMMERCIAL (GENERAL)

396 Miller St, Waverly, IL 62692-1160

Estimated value:
$65,000
0.43 AC lot
View details
151 Pearl St
COMMERCIAL (GENERAL)

151 Pearl St, Waverly, IL 62692-1008

Estimated value:
$70,000
0.07 AC lot
View details
130 Tremont St
COMMERCIAL (GENERAL)

130 Tremont St, Waverly, IL 62692-1069

Estimated value:
$70,000
720 sqft 0.10 AC lot
View details
236 Miller St
COMMERCIAL (GENERAL)

236 Miller St, Waverly, IL 62692-1159

Estimated value:
$95,000
0.17 AC lot
View details
151 Temple St
COMMERCIAL (GENERAL)

151 Temple St, Waverly, IL 62692

Estimated value:
$60,000
0.41 AC lot
View details
121 Elm St
COMMERCIAL (GENERAL)

121 Elm St, Waverly, IL 62692-1111

Estimated value:
$260,000
0.13 AC lot
View details
Waverly, IL 62692
VACANT COMMERCIAL LAND

Waverly, IL 62692

Estimated value:
$70,000
0.19 AC lot
View details
109 Pearl St
COMMERCIAL (GENERAL)

109 Pearl St, Waverly, IL 62692-1165

Estimated value:
$65,000
0.03 AC lot
View details
153 Elm St
COMMERCIAL (GENERAL)

153 Elm St, Waverly, IL 62692-1150

Estimated value:
$70,000
0.44 AC lot
View details
125 Pearl St
COMMERCIAL (GENERAL)

125 Pearl St, Waverly, IL 62692-1165

Estimated value:
$255,000
0.04 AC lot
View details

Waverly, IL Commercial Real Estate Market Trends and Statistics

Explore 72 commercial real estate for sale in Waverly, IL on our real estate platform.

Sale prices for business properties in Waverly, IL average $99,900 — 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 2,128
Population Growth (5Y) +0.3%
Median Household Income $66,619
College Educated 30.2%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
62692 $99.9K

Taxes & Financing

Tax Rate (average for all types) 6.13%
Property Tax per SF $76.29 per SF
Average Loan-to-Value 65.0%

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