1639 3Rd St Madison, IL 62060
- Commercial real estate
- 0.37 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 1639 3Rd St
- Year built
- 1966
- Lot size
- 0.37 lot acres
- Property type
- Commercial real estate
Description
This exceptional commercial property in Madison, IL, presents a unique investment opportunity. The offering encompasses two all-brick buildings situated on a 0.37-acre lot, including four parcels – three vacant lots currently used for parking. The main building, a church, boasts a sanctuary with seating for over 130, plus a balcony accommodating an additional 30. The main floor includes office space, while the basement features a baptism pool, kitchen, fellowship hall, and ample storage. Three bathrooms are conveniently located within the church building. Adjacent to the church is a second building, previously residential, now utilized as office space. This building adds two more bathrooms and a residential-style kitchen to the overall property. Both buildings are constructed of brick. The entire property is fully fenced, providing security and privacy. This versatile property is ideal for a variety of uses, offering significant potential for expansion or adaptation to suit diverse business needs. The property's size and layout, combined with its convenient location, make it an attractive investment prospect. The sale includes all four parcels, offering flexibility for future development or expansion. The combination of church and office space provides a unique and potentially lucrative investment opportunity.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Madison
- County
- Madison-IL
- State
- Illinois
- Longitude
- -90.15399
- Latitude
- 38.67923