Property for Sale: 425 W Market St, Red Bud, IL 62278

$475,000
$475,000
425 W Market St, Red Bud, IL 62278
$475,000
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Price:
$475,000
$55,000 - 06/09/2025
Est. payment: Skip to Mortgage Calculator

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Type Commercial
Lot Size 1.64 acres
Taxes Paid $4,273
City Red Bud
County Randolph
Subdivision none
MLS 25015264
Status Active
DOM 88 days
Prime Commercial Opportunity in Red Bud, IL! This 1.65-acre property on high-traffic W Market St. (8,400 vehicles/day) offers endless potential. Two parcels: 433 W Market St. features a rented 3-bedroom brick home with a long-term tenant (16 years). 425 W Market St. was formerly a filling station (tanks removed) and later used for retail and a contractor business. The owner has secured city approval for a road to the rear, making it ideal for a strip mall or redevelopment. Renovate the existing structure for a business or develop to maximize this high-visibility location. So many possibilities! Don't miss this investment opportunity! Call today for details! Location: High Traffic, Hwy/Interstate Frntg

Lot & Building Features

Construction Block, Concrete, Brick
Cooling Central Air, Electric
Heating Forced Air
Parking Description Concrete, Parking Lot, Open, Driveway
Sewer Public Sewer
Tax Year 2023
Taxes Paid $4,273
Water Public

Price History of 425 W Market St, Red Bud, IL

Date Name Price Difference
06/09/2025 Price Adjustment $475,000 10.38%
03/18/2025 Listing Price $530,000 N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.

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Listed by Property Peddler, Inc, Brad Chandler & Brenda Chandler
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20%
0.89957894736842%
6.75%
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425 W Market St (MLS #25015264) is a commercial listing located in Red Bud, IL. This is a commercial listing with a lot of 71,438 sqft (or 1.64 acres). This property was listed on 03/18/2025 and has been priced for sale at $475,000.

Nearby zip codes are 62298. This property neighbors other cities such as Ruma and Waterloo.

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Listing information courtesy of: Property Peddler, Inc

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