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109,111,113,115 S Main Street

Alexis, IL 61412
  • $175,000
  • STATUS: Active
  • ON SITE: 18 Days
  • ID#: CA1045316
UPDATED: 221 min ago
$175,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
County:

School Ratings & Info

Description

Unlock an exceptional investment opportunity with this versatile mixed-use property offering multiple income streams and endless potential. The main level is home to a well-established bar and restaurant, both currently operating and producing immediate rental income. An additional vacant commercial space provides the perfect opportunity for a retail storefront, hair salon, professional office, boutique, or a variety of other business ventures, allowing a new owner to increase cash flow or occupy the space themselves. Upstairs, the property features three residential apartments, further enhancing the investment potential. Apartment 1 offers a comfortable one-bedroom layout and is currently leased. Apartment 2 features two bedrooms and is ready for a new tenant or owner updates. Apartment 3 is another one-bedroom unit that is also currently rented, creating additional steady income. Whether you're looking to expand your investment portfolio, establish your own business while generating rental income, or capitalize on the flexibility of a mixed-use property, this is a rare opportunity to own a building with diversified revenue sources and room for future growth. With established commercial tenants, residential rental income already in place, and additional leasing potential, this property is positioned to deliver both immediate returns and long-term value.

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© 2026 RMLS Alliance, LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Ashley Coker Team | The Real Estate Group. Data last updated: 2026-08-09T23:44:48.97.
www.ashleycoker.com/homes/179103270
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109,111,113,115 S Main Street Alexis, IL 61412

  • Price: $175,000
  • Status: Active
  • On Site: 18 Days
  • Updated: 221 min ago
  • ID#: CA1045316
0
Beds
0
Baths
0
½ Baths
N/A
Acres
Neighborhood:
Remainder Warren County
County:
Warren
Area:
Remainder Warren County
Property Description
Unlock an exceptional investment opportunity with this versatile mixed-use property offering multiple income streams and endless potential. The main level is home to a well-established bar and restaurant, both currently operating and producing immediate rental income. An additional vacant commercial space provides the perfect opportunity for a retail storefront, hair salon, professional office, boutique, or a variety of other business ventures, allowing a new owner to increase cash flow or occupy the space themselves. Upstairs, the property features three residential apartments, further enhancing the investment potential. Apartment 1 offers a comfortable one-bedroom layout and is currently leased. Apartment 2 features two bedrooms and is ready for a new tenant or owner updates. Apartment 3 is another one-bedroom unit that is also currently rented, creating additional steady income. Whether you're looking to expand your investment portfolio, establish your own business while generating rental income, or capitalize on the flexibility of a mixed-use property, this is a rare opportunity to own a building with diversified revenue sources and room for future growth. With established commercial tenants, residential rental income already in place, and additional leasing potential, this property is positioned to deliver both immediate returns and long-term value.
Exterior Features

Construction Materials Brick Roof FlatMembrane

Interior Features

Building Area Total 7694 Cooling Central AirWall/Window Unit(s) Flooring TileWood Heating Forced AirNatural Gas Walk In Cooler YN Yes

Property Features

Agent Owned No Financing Cash OnlyCommercialConventional Frontage Type City Street Lease Term Yearly Renewal Lease Type Gross Levels Two Owner Pays TaxesGasHeatCoolingWater Possible Use Bar/TavernRestaurant Sewer Public Sewer Tax Annual Amount 1866.5 Tax Incentive1 None Tax Legal Description LOT 5 BLOCK 10 OTP VILLAGE OF ALEXIS LOT SIZE: 22.5' X 132' Tax Year 2025 Tenant Pays GasElectricity Type Commercial Water Source Municipal/City Zoning Multi Use

Listing provided courtesy of Marissa Meyer of Platinum Key Real Estate, LLC: .
© 2026 RMLS Alliance, LLC. All Rights Reserved.


© 2026 RMLS Alliance, LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Ashley Coker Team | The Real Estate Group. Data last updated: 2026-08-09T23:44:48.97.
 
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Ashley Coker Team | The Real Estate Group
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Springfield IL, 62711