USAILWaverlyNot in a Subdivision223 N Pearl St
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223 N Pearl St, Waverly, IL

House

For Sale

Listed price in listed location currency (USD).
$125,000

000

MLS® 25046413

  • Key Facts
  • Description
  • Map

Key Facts

Type Business
Levels Commercial Sale
Size -
Garage 
Taxes $1,033
Days Active 303
Lot Size 
Approx. Age 1890
MLS® Number 25046413

Property Address: 223 N Pearl St, Waverly, IL, 62692-1080

Average square foot calculated using Size range provided by listing agent.

Description

Located on the charming town square in Waverly, this 7, 000 sq ft commercial property offers a rare blend of historic character and functional space, just 30 minutes from Springfield with convenient highway access. The property consists of two connected two-story buildings, with the south building dating to 1890 and the north building built in 1901, each contributing timeless appeal and solid construction. The property is currently operating as a business and generating income, providing immediate value for a new owner. With approximately 3, 500 sq ft per level, the layout is well-suited for a variety of uses, including professional offices, restaurant or café operations, boutique retail, or a multi-use business concept. The main floor is fully equipped and ready for continued operation, while the upper level offers a flexible, unfinished space ideal for expansion, whether additional offices, studio space, or storage. Interior features include classic wood flooring, durable brick and metal siding, and an impressive collection of commercial-grade kitchen equipment such as a built-in grill, double freezers, vented exhaust fans, wine/bar refrigerator, dishwasher, and ovens. Additional amenities include central air, forced-air heat, ceiling fans, full utility connections, and accessibility features such as a ramp entrance and wide doorways. Situated on a 0.15-acre lot in a highly visible, high-traffic location, this property offers excellent exposure and long-term potential. A unique opportunity for entrepreneurs, investors, or business owners seeking a move-in-ready commercial space with room to grow. All offers welcome.
MLS® Number25046413
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1890
Basement
Driveway
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Jul 10, 2025List Date
$125,000List Price
  • Commute

Commute

Starting Address
Destination Address
223 N Pearl St, Waverly, IL

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