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6505 Quercus Grove RD Edwardsville, IL 62025
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Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Subdivision Not In A Subdivision
MLS Listing ID 25045691
Year Built 1930
Acres 0.52
Property Sub-Type Mixed Use
Property Description
Price listed is Starting Bid Only. Bidding starts closing 7/30/2025 @ 6 p.m. Investment & rehab opportunity in this multi-use building in Hamel, IL. This versatile 3,200± SF commercial/residential property offers exceptional potential just minutes from downtown Hamel and I-55. The main level features 2,399± SF of commercial space previously operated as a restaurant/bar, complete with a full bar, seating area, galley kitchen, two restrooms, and ample storage. Upstairs, a 2-bedroom, 1-bath apartment with private entrance at the side of the building provides added value or rental income. The apartment includes a full kitchen, living room, and its own HVAC, separating the apartment's heating and cooling from the commercial space. The property sits on a generous 0.52± acre corner lot, offering front and side parking to accommodate both customers and tenants. The building has public water, electricity, and gas connections and are shared meters across both units. Zoned B-2, General Business District within Madison County zoning authority, any alternate uses outside of current zoning would require county approval. Bring your ideas and unlock the potential of this rare mixed-use property in a prime location! Property will sell under auction terms and be sold AS- IS, WHERE-IS. Seller, will not make any repairs as a result of any building, occupancy, or environmental inspections. Buyer will be required to sign an Auction Purchase & Sale Agreement if final bid is accepted by Sellers.
Location
State IL
County Madison
Interior
Heating Forced Air
Cooling Central Air
Fireplace N
Building
Water Public
Structure Type Other
Others
Ownership Private
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition Auction, Listing As Is
Listed by Adam Jokisch • Adams Auction & Real Estate Services Inc.