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Mixed-Use Live-Work Building

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
3049 Godfrey Road, Godfrey, IL
Listed by Julia Kennedy · License #475.203745
Added: Apr 29 Checked: Jul 19 at 10:06 pm
MLS# 26019105 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.


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.

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

Suggested Use

Real Estate Agency Dental Office Parking Lot & Garage Kitchen & Bath Showroom Gym & Fitness Center Grocery & Convenience Store Furniture & Home Goods (Bike/Boat/Book/etc) Store Hair Salon Storage Facility

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

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
Contact an agent
More about this property
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