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Prime Commercial Opportunity in Red Bud, IL

425 & 433 W Market St, Red Bud, IL 62278

$530,000.00 Red Bud, IL 62278
  • 1.64 Acres
  • Randolph County

Description

Address: 425 & 433 W Market St, Red Bud, IL 62278

Prime Commercial Opportunity in Red Bud, IL – 1.65 Acres on High-Traffic Market St.

Strategically located on W Market St. in Red Bud, IL, this 1.65-acre commercial property offers endless possibilities for investors and business owners alike. With an average daily traffic count of 8,400 vehicles, this high-visibility location is ideal for retail, office, or mixed-use development.

Property Details:

  • 433 W Market St. (Parcel #13-091-009-50) – A two-bedroom brick home, currently rented to a long-term tenant of 16 years, providing immediate income.
  • 425 W Market St. (Parcel #13-091-009-00) – Formerly a filling station, later utilized for retail (tire sales) and contractor business. The fuel tanks have been removed, offering a clean slate for redevelopment.

Development Potential:

  • City-approved road access to the rear, opening the door for a strip mall or multi-unit commercial development.
  • The existing structure can be renovated to accommodate a new business, whether retail, office, or service-oriented.
  • Positioned on a major thoroughfare, ensuring strong visibility and customer traffic.

With its prime location, income-producing rental, and flexible development options, this property is an exceptional investment. Whether you choose to redevelop, expand, or renovate, the possibilities are vast!

Contact us today to explore this unique commercial opportunity in Red Bud!

  • Square Footage: 958 (source: other)
  • Lot Size: 1.64 Ac  (source:county records)
  • Heating: Gas
  • Cooling: Electric
  • Water Heater: Gas
  • Roof: (Shingled)
  • Basement: Unfinished
  • Utility Providers:
    • Water ~ Red Bud
    • Sewer ~ Red Bud
    • Electric ~ Red Bud
  • School District(s): Red Bud CUSD 132
  • Drive Times:
    • Scott Air Force Base: 30 miles
    • St Louis: 36 miles
    • Belleville: 22 miles
  • Room Dimensions:
    • Primary Bedroom 15’8” x 10’1”
    • Bedroom 9’8” x 13’2”
    • Living Room 20’2” x 13’ 11”
    • Kitchen 10’10” x 8’4”
    • Dining Room 12’7” x 10’5”

Title Company: Randolph County Abstract

Financing: Cash, Conventional

Directions:   Navigate to IL-3 S, which runs through the region and connects Waterloo, Columbia, and Red Bud. Follow IL-3 S toward Red Bud, IL. Turn left on W Market St upon reaching Red Bud. Continue for about 0.5 miles, and 425 W Market St will be on your right.

Parcel(s): 13-091-009-00, 13-091-009-50

Taxes: 2023 $2,171.62, 2023 $2,099.62

 

P#991  /  MLS # 25015264

LISTED by Property Peddler Inc.   

Auctioneer/Broker Brad Chandler  618-221-5727

Designated Managing Broker Brenda Chandler 618-491-6415

Useful Documents

Property Map

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