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$ 269,900
Est. payment /mo
Price Dropped by $17K
1 W Main Street Albion, IL 62806
1,742 Sqft Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Restaurant/Bar
Listing Status Active
Purchase Type For Sale
MLS Listing ID 202619007
Year Built 1900
Annual Tax Amount $4,543
Tax Year 2024
Lot Size 1,742 Sqft
Property Sub-Type Restaurant/Bar
Property Description
Great investment opportunity in the heart of downtown Albion! This mixed-use property features a beautifully maintained restaurant space on the main level and a stylish upper-level Airbnb/apartment offering 2-3 bedrooms and 1 full bath. Both levels have been nicely updated and are move-in ready. The restaurant includes seating, equipment, 2 half baths, vinyl plank flooring installed in 2023, and a tankless water heater added in 2025. Upstairs features a comfortable and inviting living space with new washer and dryer included. Separate meters provide added flexibility for owners and tenants. Major updates include roof replacement in 2021, downstairs AC in 2025, and replacement windows. Excellent Main Street location directly across from the town square with convenient on-street parking and strong visibility for business traffic. Great opportunity for an owner/operator, investor, or someone looking for a live/work setup.
Location
State IL
County Edwards County (il)
Area Edwards County (Il)
Direction Located on the northwest corner of Main Street and 5th Street in downtown Albion. Property fronts Main Street (IL-15) with convenient access from IL-130 and nearby downtown businesses including McDonald's and Bobe's Pizza.
Interior
Flooring Vinyl
Appliance Building
Laundry , 7
Exterior
Roof Type Shingle
Total Parking Spaces 7
Building
Story 2
New Construction No
Others
Virtual Tour https://www.propertypanorama.com/instaview/irmls/202619007
IDX information provided by the Indiana Regional MLS
Listed by Brandon Hodgson • DHI Realty Inc • Cell: 618-263-8622
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