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    Waverly, IL Retail Properties & Spaces for Sale

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    Chatham, IL Springfield, IL Auburn, IL
    Waverly Commercial Property on Town Square
    Updated: Jan 13
    Waverly Commercial Property on Town Square

    223 N Pearl Street, Waverly, IL 62692

    $125,000
    7,000 sqft · 0.15 AC lot
    Prime location on the charming town square in Waverly, offering high visibility and traffic.
    7,000 sq ft commercial space with historic character from two connected buildings (built in 1890 and 1901).
    Currently operating as a business and generating income, providing immediate value.
    Main floor is fully equipped and ready for continued operation with commercial‑grade kitchen equipment.
    Flexible, unfinished upper level (approx. 3,500 sq ft) ideal for expansion.
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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Waverly, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Drive-Through Bank and Office Building
    Drive-Through Bank and Office Building

    405 N SPRINGFIELD Street, Virden, IL 62690

    $140,000

    Former drive-up bank with two drive-thru access points and ATM area, plus basement space, on the main route in Virden.

    View details
    Historic Two-Story Commercial Building
    Historic Two-Story Commercial Building

    156 N Dye Street, Virden, IL 62690

    $35,000

    Two-level commercial building with flexible space for retail, office, or dining concepts, sold as-is and needing updates.

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    Commercial Space on Girard Square
    Commercial Space on Girard Square

    130 W CENTER Street, Girard, IL 62640

    $50,000
    1,320 sqft

    1320 sqft commercial space suitable for various businesses.

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    Spacious Commercial Building in Girard
    Spacious Commercial Building in Girard

    118 N 1ST Street, Girard, IL 62640

    Contact for pricing
    5,368 sqft

    Large commercial building with spacious lot, investment opportunity.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Prime Commercial Land on Route 66
    Prime Commercial Land on Route 66

    404 S 3RD Street, Girard, IL 62640

    $169,900
    0.81 AC lot

    0.813 acres with high visibility and utilities on site.

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    Chatham Commercial Lots for Sale
    Chatham Commercial Lots for Sale

    298 Independence Drive, Chatham, IL 62629

    $374,900
    266,639 sqft · 6.12 AC lot

    Commercial lots available in rapidly growing Chatham, Illinois.

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    Chatham Commercial Lots Available
    Chatham Commercial Lots Available

    135 Independence Drive, Chatham, IL 62629

    $299,000
    141,382 sqft · 3.25 AC lot

    Commercial lots for sale in rapidly growing Chatham, Illinois.

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    Chatham Commercial Lots for Sale
    Chatham Commercial Lots for Sale

    71 Plummer Boulevard, Chatham, IL 62629

    $399,000
    171,190 sqft · 3.93 AC lot

    Commercial lots available in rapidly growing Chatham, Illinois.

    View details

    Waverly, IL Retail Properties & Spaces Market Trends and Statistics

    Explore 1 retail properties & spaces for sale in Waverly, IL on our real estate platform. These investment opportunities span a total of 7,000 square feet of properties for sale, with an estimated market value of $125,000.

    Sale prices for stores in Waverly, IL start at $125,000, averaging $125,000, and reaching up to $125,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Demographics Overview

    Population 2,128
    Population Growth (5Y) +0.3%
    Median Household Income $66,619
    College Educated 30.2%

    High-Yield Neighborhoods for Investment

    Identify Waverly submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    62692 $125K

    Taxes & Financing

    Tax Rate (average for all types) 6.13%
    Property Tax per SF $76.29 per SF
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Morgan County

    New Delisted

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