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Property summary
This exceptional commercial property at 318 E Washington Street in Millstadt, Illinois, presents a rare investment opportunity. Spanning over 3400 square feet on a 0.35-acre lot, this building boasts numerous recent updates and offers immense versatility. Currently holding a city-issued gaming and liquor license, the property is ideally suited for a variety of businesses. Imagine a bustling bar and gaming area, a fine dining establishment, a liquor store, or even a multi-faceted operation. The existing layout includes multiple bathrooms, a kitchen area, and a full basement perfect for storage and inventory. The building's design allows for the creation of outdoor seating or patio areas, enhancing its appeal and functionality. Convenient alley access provides additional parking options beyond the ample space already available on the lot. Previously used as a daycare, teen center, and bar with a dance hall, this property has a rich history and a bright future. Its location in Millstadt's vibrant commercial district, known for its thriving food scene and social atmosphere, ensures high visibility and foot traffic. This is a chance to establish a successful business in a desirable community. Don't miss this exceptional opportunity to own a piece of Millstadt's thriving commercial landscape. The asking price is $449,500.
Property profile
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Value estimations
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Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Value estimation
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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