This property is a rare investment opportunity, located on a Corner highly sought-after Jasper Street Lot with 203.6 feet of frontage and over 400 feet along Michigan Avenue. This massive 1.8-acre corner lot offers unmatched visibility and access in one of the area’s busiest commercial corridors—ideal for your next business venture or development. The property includes a solid 1,250 sq ft brick residence with 2 bedrooms and 1 bathroom, perfect for rental income, office use, or future redevelopment. Also on-site are two detached garages—one featuring two potential office spaces, a bathroom, and a 1-bedroom mother-in-law suite—offering flexible options for residential or commercial use. Zoned for commercial potential, this lot is a rare opportunity to secure a major footprint in a growing business district. Whether you’re planning to build retail, office, or mixed-use space, or hold for appreciation, the size, location, and dual frontage make this a standout investment. Don’t miss out!!!
Property Details
Price:
$379,000
MLS #:
6255664
Status:
ActiveUnderContract
Beds:
0
Baths:
0
Address:
502 E Jasper Street
Type:
Commercial
Subtype:
Business
Subdivision:
Kenwood Add
City:
Paris
Listed Date:
Oct 16, 2025
State:
IL
ZIP:
61944
Lot Size:
50,352 sqft / 1.81 acres (approx)
Year Built:
1963
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Schools
Interior
Appliances
Gas Water Heater
Cooling
Central Air
Heating
Forced Air, Gas
Exterior
Exterior Features
Fence
Parking Spots
15
Roof
Shingle
Financial
Tax Year
2024
Taxes
$11,873
Map
Community
- Address502 E Jasper Street Paris IL
- SubdivisionKenwood Add
- CityParis
- CountyEdgar
- Zip Code61944
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502 E Jasper Street
Paris, IL
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