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    300 N Wood River Ave Wood River, IL 62095

    Sponsored
    Picture of Retail space at N Wood River Ave 300, Wood River, IL
    For Sale
    $185,000

    Retail - Wood River, IL

    Type:Retail
    Property size:
    2,580 SF
    Lot size:
    0.20 Acres
    Days on Market:
    41
    Last Refresh:
    Jan 5 at 4:06 pm

    Property Features for 300 N Wood River Ave

    General Information

    Property type
    Commercial Sale
    Property subtype
    Retail
    Standard status
    Active
    APN
    19-2-08-28-08-201-018
    Parking features
    Paved or Surfaced
    Size
    2,580 SF
    Lot size
    0.20 Acres

    Utilities

    Heating system
    Forced Air, Natural Gas
    Cooling system
    Central Air, Electric

    Building Details

    Year built
    2002
    Roof type
    Asphalt, Shingle
    Architectural style
    Other

    Coldwell Banker Brown Realtors (618) 692-7290 [email protected]

    Listing agent Linda Shaffer (618) 656-2278 License #475131852

    Listing date Nov 26, 2025

    MLS# 25027200 Listing URL

    Copyright © 2026 MARIS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Retail/Office Space on Corner Lot

    This property offers retail or office space situated on a corner lot with high traffic in Wood River, Illinois. The property is located in a retail center and is zoned B-1 Neighborhood Business. Traffic counts range between 5,500 and 7,300 vehicles per day. The building, also known as 300 West Penning, is divided into three separate spaces available for lease, each equipped with individual electric meters. The property size is 2,580 square feet and the lot size is approximately 0.1996 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Big Daddy's BBQ Barbecue Restaurant Terry's MINI MALL Store

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Gym & Fitness Building Supply

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Wood River
    County
    Madison
    State
    Illinois
    Longitude
    -90.098577
    Latitude
    38.863761

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    FAQs

    What type of property is this?
    Retail space - Retail or office space on corner lot with high traffic.
    Where is this retail space located?
    The property is located at 300 N Wood River Ave Wood River, IL.
    What is the asking price?
    The asking price for this property is $185,000.
    What are key features of this property?
    This property features: - High traffic location with 5500-7300 vehicles per day; - Zoning B-1 Neighborhood Business; - Corner lot location
    (618) 530-4044
    Request Owner's contact information
    300 N Wood River Ave Wood River, IL 62095
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    Wood River, IL 62095
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    300 N Wood River Ave Wood River, IL 62095
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