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1110 School Street
Hillsboro IL 62049 US

$230,000

Active Listing ID 26047915
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Lot: 0.52 Acres
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Other

$230,000

Active Listing ID 26047915
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1110 School Street Exceptional investment and business opportunity on 1/2 +/- acres! This 3, 150+/- square foot commercial building, constructed in 2014 and formerly operated as a dance studio, offers outstanding flexibility for a variety of commercial or potential future residential uses. Situated along highly traveled Illinois State Route 16 with an average daily traffic count of approximately 5, 550 vehicles, the property provides excellent visibility and accessibility. Inside, you'll find two expansive 29' x 39' studio spaces with 10-foot ceilings, a fully accessible entrance, welcoming reception/retail lobby, private office with a walk-in closet, and two restrooms. The full unfinished basement features poured concrete walls, an egress window, roughed-in plumbing for an additional bathroom, and engineered floor joists, providing exceptional storage or future expansion potential. Additional features include dual HVAC systems, a smart thermostat, energy-efficient LED lighting throughout, and a large concrete parking lot. Also included in the sale is the adjoining property at 1112 School St., an 816 square foot, 2 bedroom, 1 bath rental home generating $650 per month with a long-term tenant in place since 2019, offering immediate, dependable income. Investors may wish to explore the possibility of obtaining a zoning variance to convert the commercial building into multi-family residential units, subject to municipal approval. Alternatively, the adjoining home could potentially be removed to accommodate additional parking or future site improvements, subject to local regulations. Whether you're looking to establish or expand your business, invest in an income-producing property, or explore future redevelopment opportunities, this unique property offers exceptional versatility and endless possibilities.

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Property Features

  • Facts
  • Lot Size: 0.52 Acres
  • Property Type: Commercial Sale
  • Property Sub-type: Other
  • Features
  • Cooling System: Central Air
  • Heating Fuels: Natural Gas, Forced Air

Property

  • propertytype: Commercial Sale
  • propertysubtype: Other
  • listprice: 230000
  • unparsedaddress: 1110 School Street
  • postalcity: Hillsboro
  • stateorprovince: IL
  • country: US
  • postalcode: 62049
  • bathroomsfull: 0
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.5165
  • lotsizeunits: Acres
  • lotsizearea: 0.5165
  • livingarea: 0
  • livingareaunits: Square Feet
  • latitude: 39.155743
  • longitude: -89.482637
  • listagentfullname: Brandi Lentz
  • listagentemail: brandi@mcrealty.net
  • listagentkey: 3yd-MARISMO-LENTB
  • listagentmlsid: LENTB
  • listagentpreferredphone: (217) 532-2525
  • listofficekey: 3yd-MARISMO-E199
  • listofficemlsid: E199
  • disclaimer: Copyright © 2026 Mid America Regional Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: MARISMO
  • yearbuilt: 2014
  • listagenturl: http://mcrealty.net
  • countyorparish: Montgomery
  • parcelnumber: 16-12-251-001 & 16-12-251-002
  • cooling: Central Air
  • constructionmaterials: Vinyl Siding
  • heating: Natural Gas, Forced Air
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 1
  • parkingtotal: 0
  • waterfrontyn: False
  • franchiseaffiliation: None
  • speciallistingconditions: Standard
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: False
  • internetconsumercommentyn: False
  • location: -89.482635, 39.155743
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"Montgomery County Realty, Inc.", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "CustomSourceId":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"brandi@mcrealty.net", "ListBrokerageCity":"Hillsboro", "ListBrokerageCountry":"US", "ListBrokerageEmail":"brandi@mcrealty.net", "ListBrokerageLogoUrl":null, "ListBrokerageName":"Montgomery County Realty, Inc.", "ListBrokeragePhone":"(217) 532-2525", "ListBrokeragePostalCode":"62049", "ListBrokerageStateOrProvince":"IL", "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"551 S. Main St.", "ListBrokerageWebsiteUrl":"http://mcrealty.net", "ListOfficeAddress1":"551 SOUTH MAIN STREET", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":"E199", "ListOfficeCity":"HILLSBORO", "ListOfficeCountry":"US", "ListOfficeEmail":"brandi@mcrealty.net", "ListOfficePostalCode":"62049", "ListOfficeStateOrProvince":"IL", "ListPriceCurrencyType":"USD", "ListingTitle":"COMMERCIAL - Hillsboro, IL", "ListingURL":null, "MLSModificationTimestamp":"2026-07-29 23:31:40", "Neighborhoods":[{"Description":null, "Name":"Prairie Heights"}], "PostalCode":null, "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":8979, "TaxDescription":null, "TaxYear":"2025"}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 1/1/2020 12:00:00 AM GMT
Source Updated Date: 8/5/2026 12:36:28 PM GMT

Courtesy of: Brandi Lentz, MCR Realty Professionals, Inc, brandi@mcrealty.net

Copyright © 2026 Mid America Regional Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.