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Waverly, IL

Waverly, IL Commercial Real Estate for Sale

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Loami, IL Franklin, IL Chatham, IL Springfield, IL Auburn, IL Virden, IL Pleasant Plains, IL Jacksonville, IL

Two-Building Mixed-Use Commercial Property

Updated: Jun 9

Two-Building Mixed-Use Commercial Property

223 N Pearl Street, Waverly, IL 62692

$125,000

0.15 AC lot

7,000 sq ft commercial property on the Waverly town square with two connected two‑story buildings
South building built in 1890 and north building built in 1901, totaling about 3,500 sq ft per level
Commercial kitchen equipment included: built‑in grill, double freezers, vented exhaust fans, wine/bar fridge, and dishwasher
Heating and cooling include forced‑air heat and central air, plus ceiling fans throughout
Accessibility features include ramp entry with wide doorways

Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center

Based on your search, we've compiled 76 Potential Opportunities for your consideration. Besides 1 Active listings in Waverly, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 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.

Restaurant with Outdoor Bar and Beer Garden

Restaurant with Outdoor Bar and Beer Garden

133 S 2ND Street, Girard, IL 62640

$350,000

0.28 AC lot

Brick restaurant with central air and forced-air heating, offering bar and gaming plus an outdoor beer garden.

Historic Two-Level Commercial Building

Historic Two-Level Commercial Building

156 N Dye Street, Virden, IL 62690

$35,000

3,276 sqft

Two-level commercial building totaling about 3,276 sq. ft., with matching main and second-floor space.

Drive-Thru Bank Building with ATM Area

Drive-Thru Bank Building with ATM Area

405 N SPRINGFIELD Street, Virden, IL 62690

$119,000

Brick building with two drive-thru access points and a dedicated ATM area, plus basement space.

Profitable Restaurant & Bar on Route 66

Profitable Restaurant & Bar on Route 66

133 S 2ND Street, Girard, IL 62640

Contact for pricing

Established restaurant and bar with multiple revenue streams and gaming.

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

Value Estimation by Request

0.14 AC lot

445 Elm St

COMMERCIAL (GENERAL)

445 Elm St, Waverly, IL 62692-1088

Value Estimation by Request

0.19 AC lot

400 Miller St

COMMERCIAL (GENERAL)

400 Miller St, Waverly, IL 62692

Value Estimation by Request

0.26 AC lot

430 Elm St

COMMERCIAL (GENERAL)

430 Elm St, Waverly, IL 62692-1040

Value Estimation by Request

1.09 AC lot

231 Miller St

COMMERCIAL (GENERAL)

231 Miller St, Waverly, IL 62692-1158

Value Estimation by Request

0.73 AC lot

149 Pearl St

COMMERCIAL (GENERAL)

149 Pearl St, Waverly, IL 62692-1165

Value Estimation by Request

600 sqft 0.04 AC lot

195 Pr St

COMMERCIAL (GENERAL)

195 Pr St, Waverly, IL 62692

Value Estimation by Request

0.21 AC lot

405 Elm St

COMMERCIAL (GENERAL)

405 Elm St, Waverly, IL 62692-1088

Value Estimation by Request

0.21 AC lot

129 Pearl St

COMMERCIAL (GENERAL)

129 Pearl St, Waverly, IL 62692-1087

Value Estimation by Request

0.13 AC lot

3150 Timmons

INDUSTRIAL (GENERAL)

3150 Timmons, Waverly, IL 62692

Value Estimation by Request

0.23 AC lot

126 Pearl St

COMMERCIAL (GENERAL)

126 Pearl St, Waverly, IL 62692-1166

Value Estimation by Request

0.07 AC lot

396 Miller St

COMMERCIAL (GENERAL)

396 Miller St, Waverly, IL 62692-1160

Value Estimation by Request

0.43 AC lot

151 Pearl St

COMMERCIAL (GENERAL)

151 Pearl St, Waverly, IL 62692-1008

Value Estimation by Request

0.07 AC lot

Waverly, IL 62692

COMMERCIAL (GENERAL)

Waverly, IL 62692

Value Estimation by Request

130 Tremont St

COMMERCIAL (GENERAL)

130 Tremont St, Waverly, IL 62692-1069

Value Estimation by Request

720 sqft 0.10 AC lot

236 Miller St

COMMERCIAL (GENERAL)

236 Miller St, Waverly, IL 62692-1159

Value Estimation by Request

0.17 AC lot

151 Temple St

COMMERCIAL (GENERAL)

151 Temple St, Waverly, IL 62692

Value Estimation by Request

0.41 AC lot

121 Elm St

COMMERCIAL (GENERAL)

121 Elm St, Waverly, IL 62692-1111

Value Estimation by Request

0.13 AC lot

Waverly, IL 62692

INDUSTRIAL (GENERAL)

Waverly, IL 62692

Value Estimation by Request

Waverly, IL 62692

VACANT COMMERCIAL LAND

Waverly, IL 62692

Value Estimation by Request

0.19 AC lot

109 Pearl St

COMMERCIAL (GENERAL)

109 Pearl St, Waverly, IL 62692-1165

Value Estimation by Request

0.03 AC lot

153 Elm St

COMMERCIAL (GENERAL)

153 Elm St, Waverly, IL 62692-1150

Value Estimation by Request

0.44 AC lot

125 Pearl St

COMMERCIAL (GENERAL)

125 Pearl St, Waverly, IL 62692-1165

Value Estimation by Request

0.04 AC lot

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 $125,000 — 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 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	$125K

Taxes & Financing

Tax Rate (average for all types) 6.13%

Property Tax per SF $76.29 per SF

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Morgan County

New Delisted

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