Mixed-Use Live-Work
602 Wood River Avenue Wood River, IL 62095
602 Wood River Avenue, Wood River, IL, 62095
$88,500
For Sale
$88,500
MULTI_FAMILY - Wood River, IL
Property Size2,555 SF
Lot Size0.14 Acres
Price / SF$34.64
Days on Market82
Property Features for 602 Wood River Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Standard status
- Active
- APN
- 19-2-08-21-16-404-016
- Size
- 2,555 SF
- Lot size
- 0.14 Acres
Taxes and HOA fees
- Tax Year
- 2024
- Tax Annual Amount
- 1286
Utilities
- Heating system
- Forced Air
- Water source
- Public
Building Details
- Year built
- 1920
- Building materials
- Vinyl Siding
Listing Agency
Landmark Realty
(618) 466-1513
3049 Godfrey Road, Godfrey, IL
Listed by
Julia Kennedy · License #475.203745
(618) 466-1513
Added: Apr 29 Checked: Jul 19 at 10:06 pm
MLS# 26019105
Listing URL
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Investment Insights
Based on property information with market context.
This mixed-use live-work building includes commercial space on the main level and two residential apartments. The commercial storefront area offers a 3/4 bathroom and space for a kitchenette, supporting a variety of small business or office uses. Upstairs, there is a 3-bedroom, 1-bath apartment. In addition, there is a 2-bedroom, 1-bath apartment located at the back of the main floor. The property is described as needing work, with the existing layout providing the base for renovation and reconfiguration.
The building is located at 602 Wood River Avenue in Wood River, Illinois (Madison County). Public remarks note it is across from a rec center, round house, and high school, which can support visibility for an owner-operator or small storefront concept.
For tenants, buyers, or investors considering a live-work setup, the combination of storefront/office space with on-site residential units can accommodate multiple lifestyles or operating models. The B1 Neighborhood Business zoning supports neighborhood business uses, and the distinct unit configuration provides straightforward options to occupy the front commercial space while renting one or both residential units, subject to applicable renovation and permitting requirements.
The building is located at 602 Wood River Avenue in Wood River, Illinois (Madison County). Public remarks note it is across from a rec center, round house, and high school, which can support visibility for an owner-operator or small storefront concept.
For tenants, buyers, or investors considering a live-work setup, the combination of storefront/office space with on-site residential units can accommodate multiple lifestyles or operating models. The B1 Neighborhood Business zoning supports neighborhood business uses, and the distinct unit configuration provides straightforward options to occupy the front commercial space while renting one or both residential units, subject to applicable renovation and permitting requirements.
Key Highlights
- Mixed‑use building with front commercial space plus two residential units
- Commercial area up front includes 3/4 bath and space for a kitchenette
- Upstairs apartment: 3 bed, 1 bath
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Petrel Group Ltd
Engineer
Similar For Sale Nearby
FAQs
What type of property is this?
Live-work space - B1 zoned mixed-use property with storefront space and two residential units, including a 3-bedroom upstairs apartment.
Where is this live-work space located?
The property is located at 602 Wood River Avenue Wood River, IL.
What is the asking price?
The asking price for this property is $88,500.
What are key features of this property?
This property features: Mixed‑use building with front commercial space plus two residential units; Commercial area up front includes 3/4 bath and space for a kitchenette; Upstairs apartment: 3 bed, 1 bath