This stunning mixed-use property, located at 112 E Beardstown St in Virginia, Illinois, presents a unique investment opportunity. Built circa 1897, this beautifully restored Romanesque Revival building boasts a prime location on the town square, overlooking the courthouse grounds. The entire first floor has undergone a professional restoration, showcasing original tile, hardwood floors, leaded windows, a fireplace, beadboard, and even original bank vaults. Original light fixtures, copper teller windows, and counters add to the building's charm and historical significance. The first floor is ready for immediate occupancy. The second floor, prepped for renovation, offers potential for a residential apartment or rental unit. Significant renovations have already been completed, including a 200 AMP service upgrade (2015), first-floor rewiring (2015), a new asphalt roll roof (2017), complete HVAC/mechanical replacement (2017), a new water heater and thermostat (2017), lobby tile repair and relaying (2018), a bathroom gut and refinish (2019), first-floor repainting and hardwood refurbishment (2022), $60,000 in masonry repair and tuckpointing (2022), a new sewer line and cleanout (2023), new exterior concrete (2023), and new gutters and downspouts (2023). This meticulously maintained building offers a blend of historical character and modern functionality, making it an exceptional investment opportunity in a desirable location. The asking price is $88,500.
Highlights
$88,500 asking price for a mixed-use property.
Located at 112 E Beardstown St, Virginia, IL 62691, on the town square.
Historic 1897 Romanesque Revival building, beautifully restored first floor with original features (tile, hardwood floors, leaded windows, fireplace, bank vaults).
Second floor ready for renovation, ideal for an apartment or rental.
Significant recent renovations including roof, HVAC, electrical, plumbing, masonry, and exterior improvements.
Mixed-use property - Prime Downtown Location, Fully Renovated First Floor
Where is the mixed-use property located?
The property is located at 112 Beardstown St Virginia, IL.
What is the asking price?
The asking price for this property is $88,500.
What are key features of this property?
This property features: $88,500 asking price for a mixed-use property.; Located at 112 E Beardstown St, Virginia, IL 62691, on the town square.; Historic 1897 Romanesque Revival building, beautifully restored first floor with original features (tile, hardwood floors, leaded windows, fireplace, bank vaults).
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Contacts
Michael Finn
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Beardstown St Virginia, IL 62691
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Beardstown St Virginia, IL 62691
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112 Beardstown St
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