Ad #7418683
MLS #25046413
Located on the charming town square in Waverly, this 7,000 sq ft
223 N Pearl St, Waverly, Illinois, 62692
$125,000
--Beds
--Baths
--Sqft
0.150Acres
About this property
Located on the charming town square in Waverly, this 7,000 sq ft commercial property offers a rare blend of historic character and functional space, just 30 minutes from Springfield with convenient highway access. The property consists of two connected two-story buildings, with the south building dating to 1890 and the north building built in 1901, each contributing timeless appeal and solid construction. The property is currently operating as a business and generating income, providing immediate value for a new owner. With approximately 3,500 sq ft per level, the layout is well-suited for a variety of uses, including professional offices, restaurant or cafe operations, boutique retail, or a multi-use business concept. The main floor is fully equipped and ready for continued operation, while the upper level offers a flexible, unfinished space ideal for expansion, whether additional offices, studio space, or storage. Interior features include classic wood flooring, durable brick and metal siding, and an impressive collection of commercial-grade kitchen equipment such as a built-in grill, double freezers, vented exhaust fans, wine/bar refrigerator, dishwasher, and ovens. Additional amenities include central air, forced-air heat, ceiling fans, full utility connections, and accessibility features such as a ramp entrance and wide doorways. Situated on a 0.15-acre lot in a highly visible, high-traffic location, this property offers excellent exposure and long-term potential. A unique opportunity for entrepreneurs, investors, or business owners seeking a move-in-ready commercial space with room to grow. All offers welcome.
Property Features
0 Beds
0 Baths
0 Sqft
Built in 1890
0.150 Acres
2 Stories
Siding: Brick, Metal Siding
Forced Air
$1,033 / yr property tax
Morgan County
Not in a subdivision Community
Additional Photos
Contact Information
Amy Quarton
Tarrant & Harman Real Estate and Auction Co.
618-433-9436
Location
Listing Agent: Amy Quarton 618-433-9436
Broker: Tarrant & Harman Real Estate and Auction Co. 618-433-9436 Listing Site
Copyright © 2026 Mid America Regional Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Broker: Tarrant & Harman Real Estate and Auction Co. 618-433-9436 Listing Site
Copyright © 2026 Mid America Regional Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
BarrierFreeHome.com
Printed Jul 24, 2026
Photo Gallery
$125,000
--
Beds
--
Baths
--
Sqft
223 N Pearl St, Waverly, Illinois, 62692
By contacting this agent you agree to these Terms and Conditions.
MLS# 25046413
Located on the charming town square in Waverly, this 7,000 sq ft
$125,000
223 N Pearl St, Waverly, Illinois, 62692
--
Beds
--
Baths
--
Sqft
0.150
Acres
$125,000
223 N Pearl St, Waverly, Illinois, 62692
-- Beds
-- Baths
-- Sqft
0.150 Acres
Accessibility Features
Accessible Approach with Ramp
Located on the charming town square in Waverly, this 7,000 sq ft commercial property offers a rare blend of historic character and functional space, just 30 minutes from Springfield with convenient highway access. The property consists of two connected two-story buildings, with the south building dating to 1890 and the north building built in 1901, each contributing timeless appeal and solid construction. The property is currently operating as a business and generating income, providing immediate value for a new owner. With approximately 3,500 sq ft per level, the layout is well-suited for a variety of uses, including professional offices, restaurant or cafe operations, boutique retail, or a multi-use business concept. The main floor is fully equipped and ready for continued operation, while the upper level offers a flexible, unfinished space ideal for expansion, whether additional offices, studio space, or storage. Interior features include classic wood flooring, durable brick and metal siding, and an impressive collection of commercial-grade kitchen equipment such as a built-in grill, double freezers, vented exhaust fans, wine/bar refrigerator, dishwasher, and ovens. Additional amenities include central air, forced-air heat, ceiling fans, full utility connections, and accessibility features such as a ramp entrance and wide doorways. Situated on a 0.15-acre lot in a highly visible, high-traffic location, this property offers excellent exposure and long-term potential. A unique opportunity for entrepreneurs, investors, or business owners seeking a move-in-ready commercial space with room to grow. All offers welcome.
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Property Details
HOME DETAILS
0 Beds
0 Baths
0 Sqft
Built in 1890
0.150 Acres
2 Stories
EXTERIOR
Siding: Brick, Metal Siding
INTERIOR
Forced Air
FINANCIAL & COMMUNITY
$1,033 / yr property tax
Morgan County
Not in a subdivision Community
See More Details
Location
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Ad Statistics
Ad Number
7418683
Viewed
1 time
Listing Status
Active
Added
Jul 22, 2026
Last Refresh
Jul 24, 2026 04:01:17 PM
Listing Information
Data Source
Mid America Regional Information Systems, Inc.
Source Property ID
25046413
Listing Agent: Amy Quarton 618-433-9436
Broker: Tarrant & Harman Real Estate and Auction Co. 618-433-9436 Listing Site
Copyright © 2026 Mid America Regional Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Broker: Tarrant & Harman Real Estate and Auction Co. 618-433-9436 Listing Site
Copyright © 2026 Mid America Regional Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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