505 W Side Square

$153,000
Last Sold Price
Beds
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Exceptional Commercial Opportunity on Mr. Lincoln's Square | Downtown Clinton, IL Discover the potential of this stately all-brick commercial property perfectly situated on the "West Side of Mr. Lincoln's Square" in the heart of historic downtown Clinton. Offering over "13,000 square feet" across three floors plus a basement, this versatile building is ideal for a wide variety of business and investment opportunities. An Investor's Dream... This iconic corner building offers incredible versatility...Exceptional Commercial Opportunity on Mr. Lincoln's Square | Downtown Clinton, IL Discover the potential of this stately all-brick commercial property perfectly situated on the "West Side of Mr. Lincoln's Square" in the heart of historic downtown Clinton. Offering over "13,000 square feet" across three floors plus a basement, this versatile building is ideal for a wide variety of business and investment opportunities. An Investor's Dream... This iconic corner building offers incredible versatility and potential, blending modern updates with historic character. Whether you envision retail, office space, residential apartments, loft living, or a creative mixed-use concept, this property is a rare opportunity in a prime downtown location. Located in a quaint, charming district rich with history, this property has been thoughtfully updated while preserving its character. A new rubber roof (2021) ensures peace of mind, while significant improvements to plumbing, electrical, and mechanical systems enhance functionality throughout. Current Layout & Features: 504 & 505 W Side Square (3,000 sq ft) Currently leased to the popular local business "Gilmore Treats", this vibrant retail space generates income and foot traffic. 106 W Main Street (420 sq ft) A bright, flexible space featuring a bathroom, two storage areas, updated lighting, a P-TAC unit with heat pump, and on-demand water heater- ideal for a studio, boutique, or small office. 102 W Main Street - Second Floor Apartment (830 sq ft) Updated one-bedroom apartment with a bathroom, large walk-in closet, spacious living area, modern kitchen, pantry, and storage. Equipped with an all-electric furnace, air conditioning, new hot water heater, refrigerator, and range hood - move-in ready! Second Floor - Additional Space (2,900 sq ft) A blank canvas ready to be transformed - potential for additional apartments, modern loft living, or premium office space with picturesque views of Mr. Lincoln's Square. Third Floor (4,470 sq ft) Panoramic views over Clinton's rooftops and the northern, western, and eastern skylines. Endless possibilities for multi-unit rentals, luxury lofts, creative studios, or event space. Basement (remarkable condition) Ramp and stairway access provide convenient entry to the expansive basement - ideal for storage, workshop, or future development. Complete property details available - Contact your Realtor and schedule your private tour today and imagine the possibilities!
  1. Listed by Camill Tedrick • RE/MAX Choice Clinton
    P: (217)-519-3664 camilltedrick@remax.net;camill.remax@gmail.com

Sold By RE/MAX Choice Clinton

Property Details for 505 West Side Square

Area
Clinton
Township
Clintonia
Air Conditioning Type
Central Air, Partial, Window Unit(s)
Zoning
MULTI
LISTING UPDATED: 10/21/2025 03:28 PM

Property Details for 505 West Side Square

StatusClosed
MLS #12385385
Days on Market116
Taxes$2,645 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMixed Use
MLS TypeCommercial Sale
Year Built1860
Lot Size0.13 AC / 5,446 SF
CountyDe Witt County

Location

Add your commute

Building Information for 505 West Side Square

Stories3Residences4Year Built1860Lot Size0.13 AC / 5,446 SF

Payment Calculator

$976 per month

30 year fixed, 6.28% Interest

Principal and Interest

$756

Property Taxes

$220

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 505 West Side Square

General Information
Location and General Information
  • Frontage Type: City Street, Other
  • Geographic Locale: Central Illinois
  • Information: 24-Hr Notice Required,Show-Special Instructions,48-Hr Notice Required,Other-See Remarks,After Hours Only
Taxes and HOA Information
  • Additional Parcels: No
Property Information
Interior Features
  • Air Conditioning: Central Air, Partial, Window Unit(s)
  • Electric: Service - 201 to 600 Amps
  • Flooring: Carpet, Varies, Vinyl, Wood, Other
  • Heat/Ventilation: Central Heat/Indiv Controls,Electric,Forced Air
  • Misc Inside: Accessible Entrance,Storage Inside,Basement
  • Num of Baths: 0.0
Exterior Features
  • # Of Apts: 1
  • Misc Outside: Fire Escape,Other
Utilities / Equipment
  • Utilities: Electricity Available, Natural Gas Available
Property/Lot Information
  • Owners Association: No
  • Tenant Pays: Air Conditioning, Electricity, Heat, Sewer
  • Built Before 1978: Yes
  • Approximate Age: Older
  • Lot Dimensions: 132 X 41.26
  • Lot Size Square Feet: 5446.0
  • Stories: 3
  • Construction: Brick
  • Roof Type: Rubber
  • Fire Protection: Fire Extinguisher/s,Smoke or Fire Protectors,Carbon Monoxide Detector(s)
  • Roof Structure: Flat
  • Foundation Details: Block, Brick/Mortar, Concrete Perimeter
  • Building Area Total: 17892
  • # Of Offices: 1
  • # Of Stores: 1
  • Property Sub Type: Mixed Use
  • MRD_UNC: No
Property and Assessments
  • Possible Use: Commercial, Office, Multi-Family, Retail
  • Buyer Financing: Conventional
  • Docks: Exterior
  • Public Document Count: 1
  • Document Date: 2025-06-05T19:38:19
  • Photos Count: 37
  • Relist: N
Miscellaneous
  • Current Use: Commercial
  • Location: Central Business District
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Multi Family
Multi-Family Information
  • Number Of Units Total: 4
Income & Expenses
  • Electric Expense: $75.00
  • Fuel Expense: $60.00
  • Gross Income: $2,350.00
  • Gross Scheduled Income: $28,200.00
  • Insurance Expense: $4,790.00
  • Electric Expense Source: Owner Projection
  • Known Encumbrances: None Known
  • Fuel Expense Source: Owner Projection
  • Insurance Expense Source: Combination
  • Trash Expense Source: Combination
  • Total Monthly Income: 2350
  • Other Expense: $.00
  • Trash Expense: $900.00
  • Water Sewer Expense: $.00

Property History for 505 West Side Square

DateEvent & SourcePriceAppreciation
Oct 20, 2025

Sold

MRED #12385385

$153,000
Oct 4, 2025

Pending

MRED #12385385

Jun 11, 2025

Listed (Active)

MRED #12385385

$189,900
Mar 7, 2024

Cancelled

MRED #11847902

$190,000
Aug 22, 2023

Listed (Active)

MRED #11847902

$199,900
Sep 20, 2013

Sold (Public Record)

Public Record #1082800566

$51,000
Sep 20, 2013

Sold (Public Record)

Public Record #1440409777

$51,000
Sep 20, 2013

Sold

MRED #10247082

$51,000
Sep 20, 2013

Pending

MRED #10247082

Sep 20, 2013

Listed (Active)

MRED #10247082

$51,000
DateEvent & SourcePrice
10/20/2025

Sold

MRED #12385385

$153,000
10/04/2025

Pending

MRED #12385385

06/11/2025

Listed (Active)

MRED #12385385

$189,900
03/07/2024

Cancelled

MRED #11847902

$190,000
08/22/2023

Listed (Active)

MRED #11847902

$199,900
09/20/2013

Sold (Public Record)

Public Record #1082800566

$51,000
09/20/2013

Sold (Public Record)

Public Record #1440409777

$51,000
09/20/2013

Sold

MRED #10247082

$51,000
09/20/2013

Pending

MRED #10247082

09/20/2013

Listed (Active)

MRED #10247082

$51,000

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

Public Records for 505 West Side Square

Taxable ValueLand$10,831Additions$25,332Total$36,163
Tax Record2024$2,826 ($236 / month)
Home Facts
Total Finished SqFt8,360 SqFtAbove Grade Finished SqFt8,360 SqFtStories3StyleOffice BuildingYear Built1860CountyDE WITTAPN07-34-212-001

Schools near 505 West Side Square

This home is within Clinton Community Unit School District 15.
Rating
School
Type
Grades
Distance
Public - PK to 1
Public - 6 to 8
Public - 9 to 12
Public - 2 to 5
Rating
School
Distance
Washington Elementary School
PublicPK to 1

Clinton Jr High School
Public6 to 8

Clinton High School
Public9 to 12

Lincoln Elementary School
Public2 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.

Similar Homes

Similar Sold Homes

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 RE/MAX Choice Clinton

Based on information from one of the following Multiple Listing Services: Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 10/21/2025 03:28 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.