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Brick Retail Building with Walk-Out Lower Level

3108 Godfrey Road, Godfrey, IL 62035

For Sale
New
$269,900

Commercial Sale, Godfrey, IL

Property SizeContact for details
Lot Size0.45 Acres
Days on Market5

Property Features for 3108 Godfrey Road

General Information

Property type Commercial Sale
Property subtype Other
Subdivision Watts Hill Sub
Standard status Active
APN 24-2-01-35-01-102-051
Lot size 0.45 Acres

Taxes and HOA fees

Tax Year 2024
Tax Annual Amount 3428

Utilities

Heating system Forced Air
Cooling system Central Air
Water source Public

Building Details

Year built 1975
Building materials Brick
Buildings 1
Listing Agency: Landmark Realty
Listed By: Becky McGowen · License IL #475131182
Added: Nov 10 Changed: Nov 11 Last Checked: Nov 14 at 12:06AM
MLS# 26071726

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.

Rey
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Investment Insights

Based on property information with market context.

This 1975 brick retail building has more than 900 square feet of finished space on the main floor, plus a walk-out lower level. Forced-air heating and central air conditioning serve the building, and public water is available. The parcel contains 0.4533 acres.

The property fronts Godfrey Road and sits at a traffic signal, with parking on site. Its position at the intersection provides entry and exit access to Godfrey Road.

Key Highlights

  • 1975 brick construction
  • More than 900 square feet of finished main‑floor area
  • Walk‑out lower level

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

A Kut Above Barber Shop

Suggested Use

Top Pick Kitchen & Bath Showroom Electrical Service Grocery & Convenience Store (Bike/Boat/Book/etc) Store Cafe & Coffee Shop Carpet & Flooring Store

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

Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

189
Businesses Nearby
9k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 69% Shops & Services 31%
El Mezcal Dining
5,317 visits/mo 0.3 miles
O'Reilly Auto Parts Shops & Services
2,904 visits/mo 0.5 miles
Domino's Pizza Dining
1,101 visits/mo 0.2 miles

Demographics for 62035, IL

16,172
Population
7,145
Households
2.3
Avg Household Size
47
Median Age
33%
College-Educated
96%
High-School Grad
43.8 sq mi
ZIP Area
369
Density / Sq Mi
$91,696
Median Household Income
$51,693
Median Earnings
$1,158
Median Rent
$179,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Properties on Market for Retail space in Madison County

Jul
Aug
Sep
Oct

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025

Frequently Asked Questions

What type of property is this?
Retail space - A finished main floor and separate lower-level access provide distinct areas within the building.
Where is this retail space located?
The property is located at 3108 Godfrey Road Godfrey, IL.
What is the asking price?
The asking price for this property is $269,900.
What are key features of this property?
This property features: 1975 brick construction; More than 900 square feet of finished main‑floor area; Walk‑out lower level
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