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127 Main Street Columbia, IL 62236

$745,000

7500 Square Feet

Tax History: $4295 - 2023

Estimated Payment: $3,528 Per Month*

Based on a 30-year fixed rate of 5.88% with 20% down. [ Change ]

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Property Description

$745,000 , Located in GARDNER & WILLIAMS ADD, COLUMBIA. ZIP Code: 62236

Incredible investment opportunity in the heart of historic downtown Columbia! This mixed-use building offers a total of six income-generating units, including three main-level commercial spaces 121 ($800/Month), 123 ($800/Month), & 127 N Main Street ($1200/Month) and three residential apartments on the upper level. Each commercial unit features street frontage and excellent visibility along bustling Main Street—ideal for retail, office, or service-based businesses. Upstairs, the residential portion includes: 121A – a cozy 1-bedroom apartment ($800/Month) 125A – a spacious 1-bedroom, 2.5-bath unit with an upstairs recreation area ($1200/Month) 127A – a 1-bedroom, 1-bath unit. ($800/Month) This building is packed with potential for savvy investors or entrepreneurs looking to own a piece of Columbia’s vibrant downtown. Whether you’re expanding your portfolio or seeking an owner-occupant option with supplemental income, this is a rare find with long-term value. Location: Corner Location, High Traffic

This property is located on 0.25 Acre(s).

Near By Listings

102 Main Street Columbia, IL 0.04 miles

106 Main St Columbia, IL 0.08 miles

200 Main Street Dupo, IL 5.36 miles

318 Washington Street Millstadt, IL 6.27 miles

824 Market Street Waterloo, IL 6.68 miles

Main Features:

Approximate lot size is 0 Acre(s)

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MLS#: 25027490
Listing ID: 61918
Updated: 9 hours and 36 mins ago
Days on site: 12 days

Listing provided by

Linda Frierdich

Century 21 Advantage

* The Estimated Payment is offered as a tool for your convenience and is not an offer of credit. Actual mortgage rates and fees vary depending on your lender. Please check with your local lender for accurate mortgage rate information.

Note: Broker may not have reviewed or approved listing. All information that is provided by the listing agent/broker is deemed reliable but it is not guaranteed and should always be independently verified.

The multiple listing information is provided by Southwestern Illinois Regional Multiple Listing Service, Inc. from a copyrighted compilation of listings. The compilation of listing and each individual listings are © 2025 Southwestern Illinois Regional Multiple Listing Service, Inc.. All Rights Reserved.

The information provided is for consumers' personal, non-commercial user and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.