Sold
Last Sold Price
505 W Side Square, Clinton, IL 61727
Mixed UseProperty Type
5,446 sq ftLot Size
1860Year Built

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!

    Sold By RE/MAX Choice Clinton

    • Listed by: Camill Tedrick 217.519.3664 camilltedrick@remax.net;camill.remax@gmail.com • RE/MAX Choice Clinton
    Listing closed: 10/20/2025 12:00 AM • Source: MRED as distributed by MLS GRID, MLS#: 12385385

    Recent comparable sales

    Median sold price

    $143,000

    Avg days on market

    154

    Sale-to-list ratio

    80.6%

    Clinton, IL

    9 comparable properties found

    $152,000 | 415 East Van Buren Street, Clinton, IL 61727
    1/33
    1

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    Sold 08/25/25

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    Unavailable
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    Unavailable
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    $130,000 | 217 East Main Street, Clinton, IL 61727
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    Sold 06/29/26

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    Sold 03/07/25

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    Sold 04/30/26

    Unavailable
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    Bathrooms
    2,040
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    Sold 02/27/26

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    Sold 11/12/25

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    Location

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    $998 per month

    30 year fixed, 6.55% Interest

    Principal and Interest

    $778

    Property Taxes

    $220

    HOA Dues

    $0

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    Property Information for 505 West Side Square

    Property Details
    • Taxes: $2,645 / year
    • MLS Type: Commercial Sale
    • Area: Clinton
    • Township: Clintonia
    • Air Conditioning Type: Central Air, Partial, Window Unit(s)
    • Zoning: MULTI
    Building Information
    • Stories: 3
    • Residences: 4
    • Year Built: 1860
    • Lot Size: 0.13 AC / 5,446 SF
    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
    • Exterior Building Type: Brick
    • 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 (Public Record)

    Public Record #1937777862

    $153,000

    +9.5% / yr

    Oct 20, 2025

    Sold

    MRED #12385385

    $153,000
    Oct 4, 2025

    Pending

    MRED #12385385

    DateEvent & SourcePrice
    10/20/2025

    Sold (Public Record)

    Public Record #1937777862

    $153,000

    +9.5% / yr

    10/20/2025

    Sold

    MRED #12385385

    $153,000
    10/04/2025

    Pending

    MRED #12385385

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

    Public Records for 505 West Side Square

    Taxable ValueLand$11,817Additions$28,392Total$40,209
    Tax Record2025$3,080 ($257 / month)
    Home Facts
    Baths1.5Total Finished SqFt8,360 SqFtAbove Grade Finished SqFt8,360 SqFtStories3Lot Size5,444 SqFtStyleOffice BuildingYear Built1860Year Renovated1860CountyDE 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.

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    Nearby home values

    AddressSold priceBedsBathsSqftLot (Sqft)
    This home: 505 West Side Square, Clinton, IL 61727
    $153,000
    5,446
    $77,300
    2,640
    $173,000
    1,815
    $173,000
    1,815
    $173,000
    5,280

    No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim 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 seller's discretion. 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.