ActiveCommercial Sale

602 Main

Augusta, IL 62311

$250,000.00
0.23 acres

About this property

Your new investment opportunity awaits! 8-total units (7-residential & 1-commercial unit) in these 2-buildings included w/ this sale. A brand new $60,000 TPO roof was just installed in 2026. At an 85% occupancy this investment has the potential of bringing in $29,577 (annual NOI) at a 11.8% cap rate. Or at a 90% occupancy has the potential of bringing in $32,977 (annual NOI) at a 13.2% cap rate. See attached summary of investment figures provided by seller(s). Figures are not guaranteed & should be individually verified by buyer(s). A great investment opportunity for the perfect investor. Proof of funds or pre-approval required prior to any in-person showings.

Property details

Property & listing

Property type
Commercial Sale
Property subtype
Mixed Use
Stories
1
County
Hancock
MLS number
26068944
Days on market
0
On market
Oct 28, 2026

Interior & comfort

Flooring
Combination
Heating
Baseboard, Electric, Heat Pump, Radiant Floor
Cooling
Central Air, Window Unit(s)
Laundry Features
Inside, Laundry Closet, Main Level, Washer Hookup

Exterior, lot & parking

Lot area (sq ft)
10,019
Lot size
0.23 acres
Construction Materials
Brick, Vinyl Siding
Parking Features
Gravel, On Site, On Street, Parking Lot
Water Source
Public
Utilities
Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

Taxes & association

Annual taxes
$1,403.00
Tax year
2025

Location

602 Main, Augusta, IL 62311

Open map and directions →

Augusta Illinois to 602 N Main St.

LET'S TALK ABOUT YOUR NEXT PLACE

Ask about this property

Lucas Tappe
KW Hometown

217-430-8076

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Estimate monthly payment

Estimate includes the costs entered above. Enter your lender rate, insurance estimate, and any missing fees; mortgage insurance and other lender costs are additional. Listing tax and association amounts may change.

Listing provided by KW Hometown · MLS 26068944. Last updated Oct 28, 2026.

* The Estimated Payment is offered as a tool for your convenience and is not an offer of credit. Actual mortgage rates and fees vary depending on your lender. Please check with your local lender for accurate mortgage rate information.

Note: Broker may not have reviewed or approved listing. All information that is provided by the listing agent/broker is deemed reliable but it is not guaranteed and should always be independently verified.

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602 Main, Augusta, IL 62311

Featured Broker
RE/MAX River Bend
Phone: 618-973-1056
Office: 618-462-5300