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318 W Main Street

Shelbyville, IL 62565
  • $249,900
  • STATUS: Active
  • ON SITE: 133 Days
  • MLS #: 6247617
UPDATED: 48 min ago
$249,900
  • 0
    BEDS
  • 0.69
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 4,104
    SQFT
  • $61
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1858
County:
Area:

School Ratings & Info

School District:

Description

Don't miss out on this fantastic business opportunity! Currently a AirBnB with two main floor units that have a large living room, 1 bedroom, kitchen, full bath and laundry. The upper level consists of two bedrooms, living room, kitchen, full bathroom and laundry. There are so many great features with this historical beautiful home and many recent updates including newer roof and windows. The possibilities are endless. Could easily be converted back to a single family residence, a Restaurant, Winery or whatever your heart desires it is possible! There is a lot of parking available as the extra lot to the west will hold a lot of vehicles. There is a patio area in back of the home and extra outside seating available on the west side of the building. And to make it even more appealing for the entrepreneurs out there...A two story newer building is available for sale that adjoins this beautiful home that also has many possibilities. You need to see this all for yourself. I see a fabulous brewery or additional living quarters. Don't wait...come take a look! Additional adjoining property for sale is MLS 624670. New Owner would have to apply for a Special Exception at City Hall if they choose to continue with the AirBnB operation.

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© 2025 Central Illinois Board of Realtors MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Main Place Real Estate. Data last updated: 2025-03-27T16:27:59.743.
www.mainplace.us/homes/157833562
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318 W Main Street Shelbyville, IL 62565

  • Price: $249,900
  • Status: Active
  • On Site: 133 Days
  • Updated: 48 min ago
  • MLS #: 6247617
0
Beds
0
Baths
0
½ Baths
0.69
Acres
4,104
SQFT
$61
$/SQFT
1858
Built
Neighborhood:
Shelbyville
County:
Shelby
Area:
Shelbyville
School District:
Shelbyville Dist. 4
Property Description
Don't miss out on this fantastic business opportunity! Currently a AirBnB with two main floor units that have a large living room, 1 bedroom, kitchen, full bath and laundry. The upper level consists of two bedrooms, living room, kitchen, full bathroom and laundry. There are so many great features with this historical beautiful home and many recent updates including newer roof and windows. The possibilities are endless. Could easily be converted back to a single family residence, a Restaurant, Winery or whatever your heart desires it is possible! There is a lot of parking available as the extra lot to the west will hold a lot of vehicles. There is a patio area in back of the home and extra outside seating available on the west side of the building. And to make it even more appealing for the entrepreneurs out there...A two story newer building is available for sale that adjoins this beautiful home that also has many possibilities. You need to see this all for yourself. I see a fabulous brewery or additional living quarters. Don't wait...come take a look! Additional adjoining property for sale is MLS 624670. New Owner would have to apply for a Special Exception at City Hall if they choose to continue with the AirBnB operation.
Exterior Features

Architectural Style Traditional Carport Spaces 0 Carport YN No Construction Materials Brick Exterior Features Circular Driveway Foundation Details Basement Garage YN No Levels Two Road Surface Type Asphalt Roof Asphalt Shingle Waterfront YN No Window Features Replacement Windows

Interior Features

Above Grade Finished Area 2052 Appliances Dryer Gas Water Heater Range Refrigerator Washer Basement Unfinished Full Basement YN Yes Cooling Central Air Cooling YN Yes Heating Forced Air Gas Heating YN Yes Interior Features Attic

Property Features

Gross Scheduled Income 48000 Lease Considered YN No Lot Size Dimensions 187.50 X 200.71 X IRR Operating Expense 13056 Owner Pays Air Conditioning Electricity Heat Sewer Water Possession Negotiable Subject To Tenant Rights Property Sub Type Triplex Sewer Public Sewer Special Listing Conditions None Tax Annual Amount 3516 Tax Legal Description S07 T11 N R4 E PART OF LOTS 1-3 BLK 3 DANIEL EARPS 2 ND ADDN 187.50 X 200.71 X IRR Tax Year 2023 Water Source Public Zoning COM

Listing information © 2025 Central Illinois Board of Realtors MLS.
Listing provided courtesy of Glenda Sphar of Glenda Sphar Realty: (217) 774-4044.


© 2025 Central Illinois Board of Realtors MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Main Place Real Estate. Data last updated: 2025-03-27T16:27:59.743.
 
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