109,111,113,115 S Main Street
Alexis, IL 61412

$175,000

  • 7,694
    Square Feet

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...read more 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 youre 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.

Property Highlights

  • Cooling

    Central Air, Wall/Window Unit(s)

  • Heating

    Forced Air, Natural Gas

  • Stories

    2.0 Stories

  • Taxes

    $1,866 Taxes

  • Water

    Municipal/City

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