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6505 Quercus Grove Road Edwardsville, IL 62025

$20,000
6505 Quercus Grove Road Edwardsville, IL 62025
0 Square Feet
Tax History: $1044 - 2023
Estimated Payment: $95 Per Month*
Based on a 30-year fixed rate of 5.88% with 20% down. [ Change ]
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Property Description

$20,000  , Located in EDWARDSVILLE.   ZIP Code: 62025

Price listed is Starting Bid Only. Bidding starts closing 7/30/2025 @ 6 p.m. Investment & rehab opportunity in this multi-use building in Hamel, IL. This versatile 3,200± SF commercial/residential property offers exceptional potential just minutes from downtown Hamel and I-55. The main level features 2,399± SF of commercial space previously operated as a restaurant/bar, complete with a full bar, seating area, galley kitchen, two restrooms, and ample storage. Upstairs, a 2-bedroom, 1-bath apartment with private entrance at the side of the building provides added value or rental income. The apartment includes a full kitchen, living room, and its own HVAC, separating the apartment’s heating and cooling from the commercial space. The property sits on a generous 0.52± acre corner lot, offering front and side parking to accommodate both customers and tenants. The building has public water, electricity, and gas connections and are shared meters across both units. Zoned B-2, General Business District within Madison County zoning authority, any alternate uses outside of current zoning would require county approval. Bring your ideas and unlock the potential of this rare mixed-use property in a prime location! Property will sell under auction terms and be sold AS- IS, WHERE-IS. Seller, will not make any repairs as a result of any building, occupancy, or environmental inspections. Buyer will be required to sign an Auction Purchase & Sale Agreement if final bid is accepted by Sellers.
This property is located on 0.52 Acre(s).

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Approximate lot size is 1 Acre(s)
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MLS#: 25045691
Listing ID: 64993
Updated: 1 day ago
Days on site: 1 day

Listing provided by

Adam Jokisch
Adams Auction & Real Estate Services Inc.
* 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.

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Premium Agent
Landmark Realty
Phone: 618-560-8201
Office: 618-466-1513
 

200 W. Third Street | Alton, IL 62002
Suite 200
618.465.9850