Waverly, IL
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    Waverly, IL Retail Space for Sale

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    Chatham, IL Springfield, IL Auburn, IL
    Waverly Commercial Property on Town Square
    $125,000
    7,000 SF

    Waverly Commercial Property on Town Square

    223 N Pearl Street, Waverly, IL 62692

    Historic 7,000 sq ft commercial property in Waverly, Illinois.

    • 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.
    Updated: Jan 13
    View details
    Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 1 Active listings in Waverly, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 1 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.

    Chatham Commercial Property For Sale
    $689,900

    Chatham Commercial Property For Sale

    Commercial property in the heart of Chatham, Illinois, for sale.

    215-221 N MAIN Street, Chatham, IL 62629
    View details
    Prime Chatham Corner Retail/Office
    $689,900
    6,901 SF

    Prime Chatham Corner Retail/Office

    Excellent location in the heart of Chatham.

    215-221 N MAIN Street, Chatham, IL 62629
    View details
    Retail/Restaurant Building with Gaming Room
    $499,900
    0.50 Acres

    Retail/Restaurant Building with Gaming Room

    Commercial building suitable for retail or restaurant use with gaming.

    1577 W WABASH Avenue, Springfield, IL 62704
    View details
    Retail or Restaurant Building Available
    $499,900
    5,056 SF

    Retail or Restaurant Building Available

    Commercial building for retail or restaurant with gaming room.

    1577 W WABASH Avenue, Springfield, IL 62704
    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 PUD-Zoned Land Opportunity
    $1,599,000
    900 SF

    Prime PUD-Zoned Land Opportunity

    2.07 acres of PUD-zoned land in a growing corridor.

    3229 State Road 207, Elkton, FL 32033
    View details

    Waverly, IL Retail Space Investment Opportunities Market Analysis

    Explore 1 retail space 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 retail space 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 Strategic Investment

    Identify Waverly submarkets with the highest inventory density on the market and evaluate the median 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 sq ft
    Average Loan-to-Value 65.0%

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