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Mixed-Use Property with Auto Shop

425 W Market Street, Red Bud, IL 62278

For Sale
New
$375,000

An adjoining brick residence with an established tenant adds a residential component to the commercial property.

Property Size2,400 SF
Lot Size1.65 Acres
Price / SF$156.25
Days on Market2

Property Features for 425 W Market Street

General Information

Standard status Active
Size 2,400 SF
Lot size 1.65 Acres

Site & Location

Traffic Count 8,050 vehicles/day
Highway Access Yes
Road Access Yes

Tenancy & Operations

Tenant in Place Yes
Real Estate Included Yes

Additional Details

Drive-In Doors 2
Property Use Mixed Use

Taxes and HOA fees

Annual Taxes $4,456

Amenities

1
Public
1.65
No
Public Records
Attached Carport,Garage,Garage Faces Front,Parking Lot
State Road
2400
2

Building Details

Building Size 2,400 SF
Buildings 2
Stories 1
Listing Agency:
Listed By: Ashley Hampton
Source: Scotthickinbotham
Added: Nov 8 Last Checked: Nov 9 at 1:36AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Ashley Hampton

Rey
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Investment Insights

Based on property information with market context.

Two adjoining parcels in Red Bud combine a commercial building and a brick residence on 1.65 acres. The commercial structure at 425 W Market Street was formerly used as a tire shop and has two overhead garage doors. At 433 W Market Street, the residence offers two bedrooms, 1.5 bathrooms, and a full unfinished basement; a tenant has occupied the home for more than 15 years.

The property fronts W Market Street / Route 3, with 240 feet of frontage and an average daily traffic count of 8,050 vehicles. The commercial building’s existing garage access and the separate residential component create a mixed-use configuration across the two parcels.

Key Highlights

  • Two adjoining parcels total 1.65 acres
  • 240 feet of frontage on W Market Street / Route 3
  • Average daily traffic count of 8,050 vehicles

Property Analytics

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

Current Use

Auto shops

Suggested Use

Top Pick Real Estate Agency Building Supply Dental Office Kitchen & Bath Showroom Electrical Service Law Firm

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

2
Drive-in doors
8,050 VPD
Traffic count
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

325
Businesses Nearby
7k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 100%
Dollar General Shops & Services
6,032 visits/mo 0.5 miles
Napa Auto Parts Shops & Services
1,066 visits/mo 0.4 miles

Demographics for 62278, IL

6,646
Population
2,763
Households
2.4
Avg Household Size
44
Median Age
22%
College-Educated
95%
High-School Grad
104.9 sq mi
ZIP Area
63
Density / Sq Mi
$85,017
Median Household Income
$49,292
Median Earnings
$831
Median Rent
$181,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

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?
Mixed-use property - An adjoining brick residence with an established tenant adds a residential component to the commercial property.
Where is this mixed-use property located?
The property is located at 425 W Market Street Red Bud, IL.
What is the asking price?
The asking price for this property is $375,000.
What are key features of this property?
This property features: Two adjoining parcels total 1.65 acres; 240 feet of frontage on W Market Street / Route 3; Average daily traffic count of 8,050 vehicles
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