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352 Franklin Street

Jacksonville, IL 62650
  • $500,000
  • STATUS: Active
  • ON SITE: 157 Days
  • ID#: CA1039190
UPDATED: 35 min ago
$500,000
  • 0
    BEDS
  • 4.22
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1939
County:

School Information

Description

Once a school building, this one-of-a-kind property offers incredible potential with both residential and commercial spaces under one roof. The main floor is currently zoned residential and features tenant-occupied units, while the lower level—complete with a full gymnasium, locker rooms, and commercial zoning—opens the door to countless opportunities for business or community use. Plenty of parking with the spacious lot. Inside, you’ll find a kitchen, bathrooms, and even an auditorium, adding to the versatility of this space. Appliances are negotiable, and the detailed floorplan will give you a clear view of the layout and possibilities. Whether you’re dreaming of a live-work setup, event space, or creative redevelopment, this property is ready for your vision!

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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: 2026-02-17T14:45:11.63.
www.ashleycoker.com/homes/167879576
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352 Franklin Street Jacksonville, IL 62650

  • Price: $500,000
  • Status: Active
  • On Site: 157 Days
  • Updated: 35 min ago
  • ID#: CA1039190
0
Beds
0
Baths
0
½ Baths
4.22
Acres
1939
Built
Neighborhood:
None
County:
Morgan
Area:
Jacksonville Northeast
High School:
Jacksonville District #117
Property Description
Once a school building, this one-of-a-kind property offers incredible potential with both residential and commercial spaces under one roof. The main floor is currently zoned residential and features tenant-occupied units, while the lower level—complete with a full gymnasium, locker rooms, and commercial zoning—opens the door to countless opportunities for business or community use. Plenty of parking with the spacious lot. Inside, you’ll find a kitchen, bathrooms, and even an auditorium, adding to the versatility of this space. Appliances are negotiable, and the detailed floorplan will give you a clear view of the layout and possibilities. Whether you’re dreaming of a live-work setup, event space, or creative redevelopment, this property is ready for your vision!
Exterior Features

Construction Materials Brick Parking Features OtherOversized Parking Total 20 Roof Other

Interior Features

Basement FinishedFull Building Area Total 28844 Heating Heating Systems - 2+Hot WaterWindow Unit(s) Laundry Features Common Area Number Of Central Air Units 12 Number Of Electric Meters 1 Number Of Gas Meters 1 Number Of Heating Units 2 Number Of Water Heaters 2

Property Features

100 Year Plain No Agent Owned No Disclosed Short Sale N Gross Income 2400 Insurance Expense 0 Lot Features Extra LotOther Lot Size Dimensions 460 x 400 Manager On Site YN No Net Operating Income -2999 New Construction YN No Number Of Water Meters 1 Operating Expense 0 Repossessed No Structure Type Two or More StoryOther Tax Annual Amount 5398.94 Tax Legal Description RNG/BLK: TWP:0 SECT/LOT: CITY OF JACKSONVILLE OWENS SUBDIVISION LTS 1 THRU 6 INCL DOCKET NO 7669-2 A Tax Year 2024 Trash Expense 0 Type Residential Income Water Source Public SewerPublic

Listing provided courtesy of Clayton Yates of The Real Estate Group, Inc.: .
© 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: 2026-02-17T14:45:11.63.
 
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