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433 W Market St - 425 & 433 W Market Street, Red Bud, IL 1.64 Acres of Commercial Land Offered at $551,388 CAD in Red Bud, IL 62278



INVESTMENT HIGHLIGHTS
- 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, average daily traffic count of 8,400 vehicles
- Two-bedroom brick home, currently rented to a long-term tenant of 16 years, providing immediate income.
EXECUTIVE SUMMARY
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
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
PROPERTY FACTS
| Price | $551,388 CAD | Property Subtype | Commercial |
| Sale Type | Investment or Owner User | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 1.64 AC |
| Property Type | Land | ||
| Zoning | B2 - B2 - Highway Business District | ||
| Price | $551,388 CAD |
| Sale Type | Investment or Owner User |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 1.64 AC |
| Zoning | B2 - B2 - Highway Business District |
1 LOT AVAILABLE
Lot
| Price | $551,388 CAD | Lot Size | 1.64 AC |
| Price Per AC | $336,212.45 CAD |
| Price | $551,388 CAD |
| Price Per AC | $336,212.45 CAD |
| Lot Size | 1.64 AC |
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, tanks removed.
1 1
PROPERTY TAXES
| Parcel Number | 13-091-009-00 | Improvements Assessment | $27,436 CAD |
| Land Assessment | $29,247 CAD | Total Assessment | $56,683 CAD |
PROPERTY TAXES
Parcel Number
13-091-009-00
Land Assessment
$29,247 CAD
Improvements Assessment
$27,436 CAD
Total Assessment
$56,683 CAD
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433 W Market St - 425 & 433 W Market Street, Red Bud, IL
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