352 Franklin St

Baths
28,844 Sq. Ft.
$16 / Sq. Ft.
28,844
Sq. Ft.
$16
per Sq. Ft.

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...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!
  1. Listed by Clayton Yates • The Real Estate Group, Inc.

Property Details for 352 Franklin Street

Parking Total
20.0
Subdivision Name
None
LISTING UPDATED: 02/21/2026 02:01 PM

Property Details for 352 Franklin Street

StatusActive
MLS #CA1039190
Days on Market162
Taxes$5,399 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Residential Income
Year Built1939
Lot Size4.22 AC / 183,823 SF
CountyMorgan County

Location

Listing Courtesy of The Real Estate Group, Inc.
Add your commute

Building Information for 352 Franklin Street

Stories-Residences6Year Built1939Building Size-Lot Size4.22 AC / 183,823 SF

Payment Calculator

$2,643 per month

30 year fixed, 6.15% Interest

Principal and Interest

$2,193

Property Taxes

$450

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 352 Franklin Street

Summary
Location and General Information
  • City: Jacksonville
  • County Or Parish: Morgan
  • Directions: From Morton, turn right onto S Clay Ave, left onto Franklin St. Destination will be on the right
  • Latitude: 39.727996
  • Longitude: -90.225067
  • MLSArea Minor: Jacksonville Northeast
  • Postal Code: 62650
  • State Or Province: IL
Taxes and HOA Information
  • Parcel Number: 09-21-311-027
  • Tax Annual Amount: $5,399
  • Tax Legal Description: RNG/BLK: TWP:0 SECT/LOT: CITY OF JACKSONVILLE OWENS SUBDIVISION LTS 1 THRU 6 INCL DOCKET NO 7669-2 A
  • Tax Year: 2024
School Information
  • High School: Jacksonville District #117
Parking
  • Parking Features: Other, Oversized
Property
Lot Information
  • Structure Type: Two or More Story, Other
  • Building Area Total: 28844.0
  • Lot Features: Other, Extra Lot
  • Lot Size Acres: 4.22
  • Lot Size Dimensions: 460 x 400
  • Number Of Units Total: 6
  • 100 Year Plain: No
Property and Assessments
  • Documents Available: Legal Description
  • New Construction: No
  • Year Built: 1939
  • Year Built Source: Public Records
Utilities
  • Number Of Electric Meters: 1
  • Number Of Gas Meters: 1
  • Numberof Water Meters: 1
  • Water Sewer Expense: $0
  • Water Source: Public Sewer, Public
Interior and Exterior Features
Exterior Features
  • Roof: Other
  • Construction Materials: Brick
Interior Features
  • Basement: Finished, Full
  • Heating: Heating Systems - 2+, Hot Water, Window Unit(s)
  • Laundry Features: Common Area
  • Number Of Central Air Units: 12
  • Number Of Heating Units: 2
  • Number Of Water Heaters: 2
  • Operating Recording Device: None
Multi Family
Income & Expenses
  • Electric Expense: $0
  • Gross Income: $2,400
  • Insurance Expense: $0
  • Maintenance Expense: $0
  • Manager Expense: $0
  • Net Operating Income: $-2,999
  • Operating Expense: $0
  • Advertising Expense: 0
  • Gas Expense: 0
  • Misc Annual Income: 2400
  • Trash Expense: $0
Unit 1
  • Fireplace YN: N
  • Full Baths: 1
  • Half Baths: 0
  • Number Covered: 0
  • Number Parking: 1
  • Number Uncovered: 1
  • Unit Type Beds Total: 1
  • Unit Type Type: Unit 1
Unit 2
  • Fireplace YN: N
  • Full Baths: 1
  • Half Baths: 0
  • Number Covered: 0
  • Number Parking: 1
  • Number Uncovered: 1
  • Unit Type Beds Total: 1
  • Unit Type Type: Unit 2
Unit 3
  • Fireplace YN: N
  • Full Baths: 1
  • Half Baths: 0
  • Number Covered: 0
  • Number Parking: 1
  • Number Uncovered: 1
  • Unit Type Beds Total: 1
  • Unit Type Type: Unit 3
Unit 4
  • Fireplace YN: N
  • Full Baths: 1
  • Half Baths: 0
  • Number Covered: 0
  • Number Parking: 1
  • Number Uncovered: 1
  • Unit Type Beds Total: 1
  • Unit Type Type: Unit 4

Property History for 352 Franklin Street

DateEvent & SourcePriceAppreciation
Dec 18, 2025

Temporarily Off Market

MRED #1039191

Dec 18, 2025

Temporarily Off Market

MRED #1039190

Sep 12, 2025

Listed (Active)

MRED #1039191

$600,000
Sep 12, 2025

Listed (Active)

MRED #1039190

$600,000
Sep 12, 2025

Listed (Active)

RMLS ALLIANCE #CA1039190

$600,000
DateEvent & SourcePrice
12/18/2025

Temporarily Off Market

MRED #1039191

12/18/2025

Temporarily Off Market

MRED #1039190

09/12/2025

Listed (Active)

MRED #1039191

$600,000
09/12/2025

Listed (Active)

MRED #1039190

$600,000
09/12/2025

Listed (Active)

RMLS ALLIANCE #CA1039190

$600,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 352 Franklin Street

Taxable ValueLand$12,270Additions$49,780Total$62,050
Tax Record2024$5,399 ($450 / month)
Home Facts
Lot Size183,823 SqFtStyleMiscellaneous CommercialCountyMORGANAPN09-21-311-027

Schools near 352 Franklin Street

This home is within Jacksonville School District 117.
Rating
School
Type
Grades
Distance
Public - K to 12
Public - 9 to 12
Public - K to 5
Public - K to 5
Rating
School
Distance
Crossroad Learning Center
PublicK to 12

Jacksonville High School
Public9 to 12

Washington Elementary School
PublicK to 5

Lincoln Elementary School
PublicK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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352 Franklin Street is a multi-family home for sale in Jacksonville, IL 62650. This property was listed for sale on September 12, 2025 by The Real Estate Group, Inc., it's currently listed at $450,000. This listing's school district is Jacksonville School District 117. Nearby schools include Crossroad Learning Center, Jacksonville High School and Washington Elementary School. 352 Franklin Street is a 0-bed, 0-bath, 28,844 sqft multi-family home built in 1939.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of The Real Estate Group, Inc.

Based on information submitted to the MLS GRID as of 02/21/2026 02:01 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS. 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. The data is deemed reliable but is not guaranteed by MLS GRID. Use of the MLS GRID data may be subject to an end user license agreement prescribed by the applicable MLS of the Member Participant, if any, and as amended from time to time.