352 FRANKLIN Street, Jacksonville, IL 62650
Morgan County
Key Facts
Description
Once a school building, this one-of-a-kind property offers incredible potential with both residential and commercial spaces under one roof. The main floor is currently zoned residential and features tenant-occupied units, while the lower level—complete with a full gymnasium, locker rooms, and commercial zoning—opens the door to countless opportunities for business or community use. Plenty of parking with the spacious lot. Inside, you’ll find a kitchen, bathrooms, and even an auditorium, adding to the versatility of this space. Appliances are negotiable, and the detailed floorplan will give you a clear view of the layout and possibilities. Whether you’re dreaming of a live-work setup, event space, or creative redevelopment, this property is ready for your vision!
Property Information
Property Type
Commercial Sale
Year Built
1939
Living Area
28,844 sq ft
Lot Size
4.22 acres
Lot Dimensions
460 x 400
Zoning
Mix
Days on Market
292
MLS® Listing#
CA1039191
Property Features
Cooling
Heating
Flooring
Construction
Roof
Sewer
Financial Details
HOA
Yes
Annual Taxes
$5,399
Tax year 2024
Parcel Number
09-21-311-027
Directions
From Morton, turn right onto S Clay Ave, left onto Franklin St. Destination will be on the right
Affordability Calculator
$90,000
Estimated monthly payment
$2,395/mo
Principal $360,000 · Est. interest $502,232 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Jacksonville, IL
- 43
- Median Days on Market
- 2,333
- Median Sq Ft
- $85
- Median Price / Sq Ft
- 22
- Active Listings
- Its price per sq ft is 82% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Jacksonville, IL.
Location
Points of Interest in Jacksonville, IL
Showing the Jacksonville area map.
Nearby Schools
Salem Lutheran School
School · 0.3 mi away
Routt Catholic High School
Secondary · 0.4 mi away
Our Saviour School
Secondary · 0.4 mi away
Jacksonville School District 117
School · 0.5 mi away
Washington Elementary School
Elementary · 0.6 mi away
8 Points Charter School
Secondary · 0.6 mi away
Illinois School for the Visually Impaired
School · 0.7 mi away
The Early Years
School · 0.8 mi away
Lincoln Elementary School
Elementary · 1.0 mi away
Jacksonville Middle School
Secondary · 1.2 mi away
Early Years Program
School · 1.2 mi away
Four Rivers Special Education Dist
School · 1.2 mi away
Garrison School
School · 1.2 mi away
South Jacksonville Elementary School
Elementary · 1.3 mi away
Illinois School for the Deaf
Secondary · 1.5 mi away
Jacksonville High School
Secondary · 1.7 mi away
North Jacksonville School
Elementary · 2.2 mi away
Westfair Christian Academy
School · 2.2 mi away
Eisenhower Elementary School
Elementary · 2.3 mi away
Alexander Elementary School
Elementary · 9.9 mi away
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 1602 W LAFAYETTE Avenue, Jacksonville, IL | $316,811 | — | — | 5,052 |
| 225 S CLAY Avenue, Jacksonville, IL | $325,000 | — | — | 31,014 |
| 1606 W LAFAYETTE Avenue, Jacksonville, IL | $357,615 | — | — | 5,703 |
| 2 Ventura Court, Jacksonville, IL | $370,000 | 3 | 3 | 2,314 |
| 2201 Strawn Crossing Road, Jacksonville, IL | $374,900 | 4 | 2 | 2,594 |
| 3 FOREST HILL Drive, Jacksonville, IL | $375,000 | 4 | 3 | 3,439 |
Moving Cost Estimate
EXIT Agents in Jacksonville
Listing Courtesy: The Real Estate Group, Inc. - 2177877000
Presented by: Clayton C Yates