117 N. Madison, Pittsfield, IL 62363

$325,000

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List Price
$325,000
Days on Market
13
MLS#
12030987
Status
ACTIVE
County
Pike
Listing Type
Multifamily

Property Description

Exceptional mixed-use investment opportunity located on the historic town square in Pittsfield, Illinois! This impressive brick building offers a unique combination of beautifully remodeled residential living, established commercial space, and tremendous potential for future expansion or additional income. The spacious 2,268 sq. ft. upstairs apartment features 2 bedrooms and 2 bathrooms, offering an attractive blend of modern updates and historic downtown charm. The remodeled interior boasts a beautiful kitchen complete with stainless steel appliances and quartz countertops, along with an updated bathroom featuring a luxurious onyx shower system. Numerous windows throughout the apartment provide an abundance of natural light, creating a bright and inviting living space. The 1,988 sq. ft. main-level commercial space is currently occupied by an established business, offering an attractive opportunity for an investor looking for an income-producing property. Its prime location on the Pittsfield square provides excellent visibility and convenient access to other downtown businesses, shopping, and local amenities. Adding even more value is the 2,548 sq. ft. rear storage area, providing substantial space for storage, business operations, or potential conversion into an additional commercial unit or residential apartment, subject to applicable approvals. With approximately 6,804 total square feet, this versatile property presents numerous possibilities for investors, business owners, or someone looking to combine downtown living with commercial investment opportunities. Whether you're looking to expand your real estate portfolio, establish a business presence, or invest in the continued growth of downtown Pittsfield, this property offers exceptional versatility and potential. Don't miss this opportunity to own a substantial mixed-use property in the heart of Pittsfield, Illinois!

Additional Information

School District
Pikeland CUSD 10

Listing courtesy of Josh McDonald with Hometown Real Estate / Pioneer Land Company

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