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    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
    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 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.

    Mixed-Use Commercial Building
    Mixed-Use Commercial Building

    1111 W MORTON Avenue, Jacksonville, IL 62650

    $2,000,000
    3.47 AC lot

    Multiple income-producing units across retail, office, and residential uses on a multi-parcel site with ample parking.

    View details
    Updated Retail-Office Building with Parking
    Updated Retail-Office Building with Parking

    200 W WALNUT Street, Chatham, IL 62629

    $224,900

    Move-in ready building with open layout, large front windows, and parking for about 20 vehicles.

    View details
    Mixed-Use Commercial Property
    Mixed-Use Commercial Property

    1111 W MORTON Avenue, Jacksonville, IL 62650

    $2,000,000
    17,100 sqft · 3.50 AC lot

    Multi-building mixed-use asset with retail, office, and residential income units plus ample parking and expansion land.

    View details
    Prime Chatham Corner Retail/Office
    Prime Chatham Corner Retail/Office

    215-221 N MAIN Street, Chatham, IL 62629

    $689,900
    6,901 sqft

    Excellent location in the heart of Chatham.

    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
    Prime PUD-Zoned Land Opportunity

    3229 State Road 207, Elkton, FL 32033

    $1,599,000
    900 sqft · 2.07 AC lot

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

    View details

    Waverly, IL Retail Space Market Trends and Statistics

    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 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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