223 N Pearl Street Waverly, IL 62692
- Added:
- Jan 13, 2026
- Days on Market:
- 82
- Last Refresh:
- Apr 5 at 1:06 pm
Property Features for 223 N Pearl Street
General Information
- Property type
- Commercial Sale
- Property subtype
- Business
- Appliances
- Barbeque or Grill, Dishwasher, Freezer, Ice Maker, Microwave, Range, Refrigerator, Refrigerator - Built-in, Washer, Water - Instant Hot
- Standard status
- Active
- APN
- 19-11-204-006
- Size
- 7,000 SF
- Lot size
- 0.15 Acres
Taxes and HOA fees
- Tax Year
- 2024
- Tax Annual Amount
- 1033
Utilities
- Heating system
- Forced Air
- Cooling system
- Ceiling Fan(s), Central Air
Building Details
- Year built
- 1890
- Flooring type
- Wood
- Building materials
- Brick, Metal Siding
- Architectural style
- Other
Listing agent Amy Quarton License #475.200446 (217) 415-4372
Listing office Tarrant and Harman Real Estate and Auction Co 3644 Fosterburg Rd., Alton, IL (618) 433-9436
Listing date Jan 13, 2026
MLS# 25046413
Listing URL
Copyright © 2026 Mid America Regional Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Overview
Waverly Commercial Property on Town Square
Located on the town square in Waverly, Illinois, this 7,000 sq ft commercial property offers historic character and functional space, approximately 30 minutes from Springfield with 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. Currently operating as a business and generating income, the property provides immediate value for a new owner. With approximately 3,500 sq ft per level, the layout is suited for professional offices, restaurant or café operations, boutique retail, or a multi-use business concept. The main floor is equipped and ready for continued operation, while the upper level offers a flexible, unfinished space ideal for expansion, additional offices, studio space, or storage. Interior features include wood flooring, brick and metal siding, and 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 visible, high-traffic location, this property offers exposure and potential. It is a commercial space with room to grow.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Verda Mae's
Restaurant
Location Insight
- Map
- Local Demand
- City
- Waverly
- County
- Morgan
- State
- Illinois
- Longitude
- -89.953835
- Latitude
- 39.592923
FAQs
What type of property is this?
Retail space - Historic 7,000 sq ft commercial property in Waverly, Illinois.
Where is this retail space located?
The property is located at 223 N Pearl Street Waverly, IL.
What is the asking price?
The asking price for this property is $125,000.
What are key features of this property?
This property features: Prime location on the charming town square in Waverly, offering high visibility and traffic.; 7,000 sq ft commercial space with historic character from two connected buildings (built in 1890 and 1901).; Currently operating as a business and generating income, providing immediate value.
