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Executive Summary

Commercial/mixed-use opportunity in Red Bud, IL featuring two adjacent parcels totaling 1.65 acres with 240 feet of frontage on W Market St / Route 3 and an average daily traffic count of 8,050 vehicles per day. The 425 W Market parcel includes a commercial building previously used as a tire shop, offering two overhead garage doors and flexible potential for automotive repair, contractor operations, equipment storage, or service-based business use. The 433 W Market parcel includes a 2-bedroom, 1.5-bath brick home with a full unfinished basement and a long-term tenant in place for 15+ years, adding a residential income component. Strong visibility, frontage, commercial utility, rental income, and future flexibility make this a rare opportunity for owner-users, investors, contractors, automotive operators, or redevelopment-minded buyers.

Property Facts

Price $526,988 CAD
Price Per SF $219.58 CAD
Sale Type Investment or Owner User
Property Type
Flex
  • General Retail Auto Repair
  • General Retail Service Station
  • Industrial Service
Building Class C
Lot Size 1.65 AC
Rentable Building Area 2,400 SF
No. Stories 1
Year Built 1950
Tenancy Single
Zoning B-2 - Highway Business District
Fairly walkable
40/100
Exceptionally drivable
100/100
Fairly bikeable
40/100

Property Taxes

Property Taxes

Parcel Number
13-091-009-00
Land Assessment
$29,160 CAD
Improvements Assessment
$27,354 CAD
Total Assessment
$56,514 CAD
  • Listing ID: 41279530

  • Date on Market: 2026-07-14

  • Last Updated:

  • Address: 425 W Market St, Red Bud, IL 62278

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