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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

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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

PROPERTY FACTS

Price $551,388 CAD
Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Retail
  • Office
  • Auto Repair
  • Tienda de conveniencia
  • Garden Centre
  • Self Storage
  • Service Station
Total Lot Size 1.64 AC
Zoning B2 - B2 - Highway Business District

1 LOT AVAILABLE

Lot

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.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
13-091-009-00
Land Assessment
$29,247 CAD
Improvements Assessment
$27,436 CAD
Total Assessment
$56,683 CAD
  • Listing ID: 35366042

  • Date on Market: 2025-04-03

  • Last Updated:

  • Address: 433 W Market St, Red Bud, IL 62278

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