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    Virginia, IL Winchester, IL Meredosia, IL
    Unique Mixed-Use Property in Jacksonville
    $450,000
    4.22 Acres

    Unique Mixed-Use Property in Jacksonville

    352 FRANKLIN Street, Jacksonville, IL 62650

    Versatile property with residential and commercial zoning, endless possibilities.

    • Unique property: Former school building with residential and commercial zoning.
    • Full gymnasium and locker rooms included.
    • Spacious lot with plenty of parking.
    • Main floor with tenant‑occupied residential units.
    • Lower level with commercial zoning offering business opportunities.
    Updated: Sep 12, 2025
    View details
    Unique Mixed-Use Property Opportunity
    $450,000
    4.22 Acres

    Unique Mixed-Use Property Opportunity

    352 FRANKLIN Street, Jacksonville, IL 62650

    Versatile property with residential and commercial zoning in Jacksonville, IL.

    • Unique property: Former school building with residential and commercial zoning.
    • Lower level features a full gymnasium and locker rooms.
    • Spacious lot with plenty of parking.
    • Main floor has tenant‑occupied residential units.
    • Includes a kitchen, bathrooms, and auditorium.
    Updated: Sep 12, 2025
    View details
    Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 2 Active listings in Jacksonville, 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.

    Versatile Brick Building in Prime Location
    $650,000
    16,441 SF

    Versatile Brick Building in Prime Location

    16,441 SF mixed-use building on 1.92 acres for sale.

    Saint Louis, MO 63132
    View details
    Former School with Redevelopment Potential
    $285,000
    33,150 SF

    Former School with Redevelopment Potential

    Former school building suitable for redevelopment in Alton, Illinois.

    121 W Elm Street, Alton, IL 62002
    View details
    10 Acre Redevelopment Site
    $2,400,000
    24,092 SF

    10 Acre Redevelopment Site

    10-acre redevelopment site with excellent visibility and existing buildings.

    206 Emerling Drive, Saint Louis, MO 63131
    View details
    Former School with Redevelopment Potential
    $285,000
    33,150 SF

    Former School with Redevelopment Potential

    Former school building suitable for redevelopment or community use.

    121 W Elm Street, Alton, IL 62002
    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.

    Land in Tinley Park, IL
    $599,000
    1.01 Acres

    Land in Tinley Park, IL

    Commercial land available for sale in Tinley Park, Illinois.

    16750 Harlem Avenue, Tinley Park, IL 60477
    View details
    Corner Lot on Shelbyville Road
    $1,353,000
    8.21 Acres

    Corner Lot on Shelbyville Road

    Large corner lot suitable for various developments with approvals.

    5133 Gray Road, Indianapolis, IN 46237
    View details
    Historic Schoolhouse with Garden Potential
    $299,900
    2,000 SF

    Historic Schoolhouse with Garden Potential

    Historic schoolhouse (built in 1898) with garden and redevelopment potential.

    14520 E State Road 38 E, Noblesville, IN 46060
    View details
    Cross Plains Land Opportunity
    $179,900
    0.32 Acres

    Cross Plains Land Opportunity

    Land for sale in proposed golf course community.

    L12 Lindale Drive, Cross Plains, WI 53528
    View details

    Jacksonville, IL Schools Investment Opportunities Market Analysis

    Explore 2 schools for sale in Jacksonville, IL on our real estate platform. These investment opportunities span a total of 0 square feet of properties for sale, with an estimated market value of $900,000.

    Sale prices for school buildings & campuses in Jacksonville, IL start at $450,000, averaging $450,000, and reaching up to $450,000 — 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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    Operating Costs & Financing

    Average Loan-to-Value 65.0%

    Leading Commercial Asset Segments

    Schools 2
    Wedding venues 2
    Churches & religious facilities 1
    NNN properties 1

    Jacksonville Demographics Overview

    Population 24K
    Population Growth (5Y) -9.1%
    Median Household Income $64,137
    College Educated 16.5%

    High-Yield Neighborhoods for Strategic Investment

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

    Neighborhood Average Price
    62650 $450K

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