11 E Jefferson Street Sullivan IL 61951 MLS #6258422

11 E Jefferson Street
Sullivan, IL, 61951
$199,000
Beds
3 Baths
0 SqFt
0.08 Acres
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MLS #6258422 image #0
Positioned on the historic town square in downtown Sullivan, directly across from the Moultrie County Courthouse, this property offers a highly visible mixed-use redevelopment opportunity in the heart of the community. The street-level space features an open retail layout previously utilized as a dance studio, offering flexibility for retail, fitness, office, restaurant, entertainment, or service-oriented users. The property also includes an overhead door at the rear of the building, providing convenient access for storage, deliveries, or light warehouse functionality. The second floor is well-positioned for residential apartment conversion, supported by separate HVAC systems serving the upper and lower levels. Recent improvements include a new upstairs air conditioning unit, a furnace approximately six years old, updated electrical breaker panels with rewired service, and spray foam insulation accessible through the pull-down attic area. These improvements create a strong foundation for a mixed-use redevelopment strategy with commercial space below and residential units above. Sullivan is the county seat and largest community in Moultrie County, with a population of approximately 4,400 residents and a central location along Illinois Routes 32 and 121. The area benefits from a stable economic base supported by manufacturing, agriculture, healthcare, and local service industries, including employers such as Agri-Fab, Hydro-Gear, Metro Communications, and First Community Bank of Moultrie County. The property experiences approximately 1,000 vehicles per day and benefits from consistent courthouse and downtown traffic generated by government services, local businesses, and community events.


Call today to see the endless potential for your next business venture.

Property Details

Price:
$199,000
MLS #:
6258422
Status:
Active
Beds:
0
Baths:
3
Type:
Commercial
Subtype:
Retail
Listed Date:
May 11, 2026
Lot Size:
3,496 sqft / 0.08 acres (approx)
Year Built:
1900

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Schools

Interior

Appliances
Gas Water Heater
Bathrooms
3 Full Bathrooms
Cooling
Central Air
Heating
Forced Air, Gas
Levels
Two

Exterior

Construction Materials
Brick
Lot Features
Business Park
Parking Features
On Street
Parking Spots
5
Parking Total
5
Roof
Rubber
Stories
2

Financial

Tax Year
2024
Taxes
$3,108

Map

Community

Market Summary

Current real estate data for Commercial in Sullivan as of May 12, 2026
3
Commercial Listed
31
Avg DOM
$173,000
Avg List Price

Property Summary

    11 E Jefferson Street Sullivan IL is a Commercial for sale in Sullivan, IL, 61951. It is listed for $199,000

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