Commercial for Sale: 507 N O'Bannon Street, Raymond, IL 62560 SOLD

3,640 sqft
$32,000
$32,000
507 N O'Bannon Street, Raymond, IL 62560 SOLD
3,640 sqft
$32,000
Remove from
Favorites
Add to
Favorites
Add to
Trip Map
Hide Share or
Email
Selling Price: $32,000
Original List Price: $39,000
Sold at 82.1% of list price
Sold Date: 08/26/2024

Type Commercial
Square Footage 3,640 sqft
Lot Size 0.65 acres
Year Built 1920
Taxes Paid $1,039

City Raymond
County Montgomery-IL
Subdivision Not in a subdivision

MLS 24028690
Status Closed
DOM 90 days
Unlock the Potential: Prime Commercial Property on IL Route 48 Prime location with high visibility and a daily traffic flow of approximately 3,050 cars, this property is a golden opportunity for your business venture. With ample parking, both on-site and off-street, accessibility is never an issue. Formerly the iconic White Cottage Restaurant, this property holds a rich history and endless possibilities. Whether you envision revitalizing it into a thriving restaurant once again or transforming it into your own unique establishment, the canvas is yours to paint. Step inside to discover spacious rooms, a welcoming entryway, and a bonus garage offering ample storage space – ideal for accommodating various business needs. With a touch of imagination, this commercial property is your chance to make your mark on Route 48 today!

Room Features

Misc Description 2+ Lavatories, Building Sign, Delivery Door, Display Window, Outside Storage

Lot & Building Features

Construction Conventional
Cooling Window Unit(s)
Heating Forced Air
Parking Description Gravel, Parking Lot
Sewer Public Sewer
Tax Year 2023
Water Public
Lot Dimensions 200 x 142 ft

Price History of 507 O'Bannon Street, Raymond, IL

Date Name Price Difference
06/25/2024 Price Adjustment $32,000 17.95%
05/14/2024 Listing Price $39,000 N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.
Photo of Carla Huffman
Direct: 314-606-9901
Office
1108 N Truman Blvd Ste 102
Crystal City, MO 63019
636-638-2220
Listed by Montgomery County Realty, Inc., Beth Steele
Sold by Montgomery County Realty, Inc., Beth Steele
$
20%
3.246875%
6.75%
$
$
$
Monthly Payment
Principal & Interest
Monthly Taxes
Monthly HOA
Monthly Home Ins.
Monthly PMI
Maris

Listing Last updated . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Walk Score map and data provided by Walk Score. Google map provided by Google. Bing map provided by Microsoft Corporation.

All information provided is deemed reliable but is not guaranteed and should be independently verified.

Listing information courtesy of: Montgomery County Realty, Inc.

Listings displaying the MARIS logo are courtesy of the participants of Mid America Regional Information Systems Internet Data Exchange