425 W Market Street, Red Bud, IL 62278
Longs · Randolph County
Key Facts
Description
Commercial/mixed-use opportunity in Red Bud, IL featuring two adjacent parcels totaling 1.65 acres with 240 feet of frontage on W Market St / Route 3 and an average daily traffic count of 8,050 vehicles per day. The 425 W Market parcel includes a commercial building previously used as a tire shop, offering two overhead garage doors and flexible potential for automotive repair, contractor operations, equipment storage, or service-based business use. The 433 W Market parcel includes a 2-bedroom, 1.5-bath brick home with a full unfinished basement and a long-term tenant in place for 15+ years, adding a residential income component. Strong visibility, frontage, commercial utility, rental income, and future flexibility make this a rare opportunity for owner-users, investors, contractors, automotive operators, or redevelopment-minded buyers.
Property Information
Property Type
Commercial Sale
Sub-Type
Mixed Use
Stories
1
Living Area
2,400 sq ft
Lot Size
1.65 acres
Ownership
Private
MLS® Listing#
26039155
Property Features
Cooling
Heating
Parking
Construction
Utilities
Water Source
Financial Details
Annual Taxes
$4,456
Tax year 2024
Parcel Number
13-091-009-00
Directions
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Affordability Calculator
$75,000
Estimated monthly payment
$1,996/mo
Principal $300,000 · Est. interest $418,527 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Red Bud, IL
- $333,333
- Median Listing Price
- 76
- Median Days on Market
- 2,342
- Median Sq Ft
- $148
- Median Price / Sq Ft
- 12
- Active Listings
- This home’s price is 13% above the area median.
- Its price per sq ft is 6% above the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Red Bud, IL.
Location
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Points of Interest in Red Bud, IL
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Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 6847 Griggs Road, Red Bud, IL | $299,900 | 4 | 3 | 2,350 |
| x Pine Crest Rd, Red Bud, IL | $363,500 | — | — | — |
| 9355 State Route 3, Red Bud, IL | $370,000 | 4 | 3 | 2,400 |
| 4290 Horse Creek Road, Red Bud, IL | $410,000 | 4 | 5 | 2,900 |
| 1051 White Oak Drive, Red Bud, IL | $420,000 | 3 | 4 | 2,333 |
| 000 South Fork Rd., Red Bud, IL | $430,000 | — | — | — |
Moving Cost Estimate
EXIT Agents in Red Bud
Listing Courtesy: Century 21 Advantage - 6182817621
Presented by: Christopher Knysak