Active - Other for sale
Mascoutah, IL
Facts & features
Why you’ll love it
- Corner lot
Prime Downtown Mascoutah Mult-Use Commercial Building with Income Potential Don't miss this opportunity to own a versatile commercial building in the heart of downtown Mascoutah. Ideally situated on a corner lot w/ high traffic visibility, this building offers endless income-generating possibilities. Located just steps from banks, bars/restaraunts, hardware store & various offices, its perfectly positioned for maximum exposure. Previously configured for retail in the front, the property also features 2 bedroom, 1 bath apartment in the rear-ideal for owner occupancy or rental income. Upstairs, you'll find a spacious 3-bedroom, 1-bath apartment, offering even more potential revenue. Buyer to verify with municipality codes and zoning depending on their individual plans. This prime location & flexible layout is perfect for retail, office space, or residential rentals. The price reflects the work needed to bring back to full potential making it a great value-add investment.
Listed by: Re/Max Alliance
Co-listed by: Re/Max Alliance
Source: Maris MLS as distributed by MLS GRID, MLS#: 25017285
Based on information as of Aug 31, 2026 at 11:05pm EDT.
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Affordability
$1,166/mo
- Mortgage$707
- Property tax$459
- HOA fee
- Homeowners insurance
Beycome estimates only. Actual amounts and terms vary by lender and location.
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Travel times
About Not In A Subdivsion
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Disclaimer
Based on information submitted to the MLS GRID as of Aug 31, 2026 at 11:05pm EDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.