KathyVineyard

223 N Pearl Street, Waverly, IL 62692

$99,900
  • 223 N Pearl Street, Waverly, IL 62692 Main Photo

44 Photos

Active
MLS#25046413
STATUSActive PROPERTY TYPECommercial - Office SUBDIVISIONNot in a subdivision

Property Description

Restaurant-ready commercial property located directly on the Waverly town square. This approximately 7,000-square-foot property includes two connected, two-story buildings and is currently operating as an income-producing business. The south building dates to 1890, and the north building was constructed in 1901. The main level is equipped for restaurant or food-service use and includes a built-in grill, double freezers, vented exhaust systems, wine and bar refrigeration, dishwasher, ovens, and additional commercial kitchen equipment. Much of what is needed to begin operations is already in place, making this a strong option for a restaurant, bar, catering business, bakery, or similar concept. Each floor offers approximately 3,500 square feet. The unfinished upper level provides plenty of room for storage or future expansion and could potentially be developed into offices, event space, studios, or additional commercial space. Additional features include wood flooring, brick and metal siding, central air, forced-air heat, ceiling fans, full utility connections, a ramp entrance, and wide doorways. The property sits on approximately 0.15 acres in a visible downtown location with convenient highway access and is about 30 minutes from Springfield. The sellers are motivated and will consider all reasonable offers. This is an opportunity to purchase an established commercial property with restaurant infrastructure already in place and room to grow.

223 N Pearl Street | MLS# 25046413

This commercial property located at 223 N Pearl Street, Waverly, IL 62692 is currently listed for sale with an asking price of $99,900. Search Waverly real estate on kvineyard.strano.com today.

Property Features

Property Type: Commercial - Office
Cooling: Ceiling Fan(s), Central Air
Heating: Forced Air
Lot Size: 0.15 Acres
Taxes: $1,033
Year Built: 1890

Feature Descriptions

Appliances: Dishwasher, Exhaust Fan, Freezer, Built-In Freezer, Instant Hot Water, Ice Maker, Indoor Grill, Microwave, Oven, Range, Range Hood, Built-In Refrigerator, Free-Standing Refrigerator, Vented Exhaust Fan, Water Heater, Bar Fridge
Current Use: Restaurant
Days on Site: 489
Electric: Ameren
Exterior: Brick, Metal Siding
Fencing: None
Parcel#: 19-11-204-006
Potential Use: Other, Professional/Office, Restaurant
Road Frontage: City Street
Topography: Flat

Listed By / Shown By

Listed By

Agency Name: Tarrant and Harman Real Estate and Auction Co

Shown By

Agent Name: Kathy Vineyard
Agent Phone: (618) 201-6797
Agency Title: Strano & Associates

IDX logo

Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided 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 on this site was last updated 11/11/2026. The listing information on this page last changed on 11/11/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Wed 11/11/2026 12:00:20 AM EST) or MARIS MLS (last updated Tue 11/10/2026 11:51:25 PM EST). Real estate listings held by brokerage firms other than Strano & Associates may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.

Listing data and photos distributed by MLSGRID
Member Participants (and their affiliated licensees, if applicable) shall indicate on their websites that IDX information is provided exclusively for consumers’ personal non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID, and that the use of the MLS GRID Data may be subject to an end user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time. MLS GRID may, at its discretion, require use of other disclaimers as necessary to protect Member Participant, and/or their MLS from liability.
Based on information submitted to the MLS GRID. 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.



Privacy Policy / DMCA Notice / ADA Accessibility

Login to My Homefinder