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Three-Suite Retail Building
New
For Sale
$189,900

300 N Wood River Avenue, Wood River, IL 62095

Commercial Sale, Wood River, IL

Property SizeContact for details
Lot Size0.20 Acres
Days on Market4

Property Features for 300 N Wood River Avenue

General Information

Property type Commercial Sale
Property subtype Retail
Subdivision Riverview Add
Standard status Active
APN 19-2-08-28-08-201-018
Lot size 0.20 Acres

Taxes and HOA fees

Tax Year 2023
Tax Annual Amount 5215

Utilities

Utilities Cable Available
Heating system Forced Air, Natural Gas
Cooling system Electric, Central Air
Water source Public

Amenities

separate electric meters

Building Details

Year built 2002
Floors in Building 1
Listing Agency: Coldwell Banker Brown Realtors · Coldwell Banker Real Estate
Listed By: Linda Shaffer · License #475131852
Added: Oct 7 Changed: Oct 8 Last Checked: Oct 10 at 1:06AM
MLS# 26064723

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 retail building contains three distinct spaces that can be leased separately. Each space has its own electric meter. Built in 2002, the property is served by natural gas forced-air heating and central electric cooling; public water and cable availability are also noted.

The site occupies a corner at 300 N Wood River Avenue, also known as 300 West Penning, in Wood River, Illinois. It is zoned B-1 Neighborhood Business, and the stated traffic count ranges from 5,500 to 7,300 vehicles per day.

Key Highlights

  • Three separately leasable spaces, each with its own electric meter
  • 0.1996‑acre corner site at 300 N Wood River Avenue, also known as 300 West Penning
  • B‑1 Neighborhood Business zoning

Property Analytics

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Current Use

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

Suggested Use

Top Pick Dental Office Real Estate Agency Parking Lot & Garage Kitchen & Bath Showroom (Bike/Boat/Book/etc) Store Catering Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

7,300 VPD
Traffic count
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

395
Businesses Nearby
Under-served
Demand for This Use

Demographics for 62095, IL

11,060
Population
5,186
Households
2.1
Avg Household Size
40
Median Age
16%
College-Educated
94%
High-School Grad
7.1 sq mi
ZIP Area
1,558
Density / Sq Mi
$66,641
Median Household Income
$41,932
Median Earnings
$919
Median Rent
$106,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Storefront property - Corner-lot property offers three separately metered spaces for lease.
Where is this storefront property located?
The property is located at 300 N Wood River Avenue Wood River, IL.
What is the asking price?
The asking price for this property is $189,900.
What are key features of this property?
This property features: Three separately leasable spaces, each with its own electric meter; 0.1996‑acre corner site at 300 N Wood River Avenue, also known as 300 West Penning; B‑1 Neighborhood Business zoning
More about this property
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