102 Main St Albany, IL 61230-7708

This exceptional mixed-use property at 102 N. Main St, Albany, IL 61230, presents a rare investment opportunity. The 6,540 square foot building, constructed in 1871, sits on a 0.35-acre lot and boasts 100% occupancy. The property features a fully functional restaurant space complete with kitchen equipment and dining furniture, generating immediate income. A separate, income-producing three-bedroom, two-bathroom apartment adds to the property's value. A detached two-car garage with a rooftop deck provides additional space and potential. The main building has a recently installed new metal roof. The asking price is $180,000, translating to $27.52 per square foot. This prime location offers convenient access to nearby amenities, including the Cordova Dragway (5 minutes away), Wild Rose Casino and Hotel (15 minutes away), and the Quad Cities (15 minutes away). The property's versatility allows for continued operation as is, or presents significant potential for redevelopment or alternative uses. Fourteen parking spaces are available on the property. This is a unique chance to acquire a historic, income-generating property with substantial upside potential.