Listing provided courtesy of Mel Foster Co. CommercialMREDas Distributed by MLSGrid- MLS# 12648913MLS Provider

509 N School StreetAtkinson, IL 61235

Commercial · 8,068 Sq. ft.
$399,900 Active

509 N School Street Overview

Time on Site:
42 days
Visits:
16

Exceptional Commercial opportunity featuring an 8,068 sq ft building situated on 3.3 acres in a highly accessible location just off Interstate 80 and US Route 6, approximately 20 miles east of the Quad Cities. Completely renovated and expanded in 2019, this property offers modern construction and systems throughout, including a new metal roof, siding, masonry, plumbing, electrical, HVAC, concrete, flooring, lighting, insulation, windows and doors. The building is fully heated and air-conditioned and includes six restrooms, along with city water and sewer service. Designed with flexibility in mind, the layout can accommodate a variety of commercial or industrial uses and could easily be divided into multiple tenant or operational spaces. Potential exists to add overhead doors for warehouse, contractor or light industrial applications. Outside, the property features more than 6,400 sq ft of concrete sidewalks, patio and parking areas, plus a large gravel lot with ample room for equipment storage, product staging, fleet parking or future expansion. A rare combination of location, infrastructure and versatility makes this an outstanding investment or owner-user opportunity. TIF zone.

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509 N School Street Facts & Features

  • Type Commercial
  • Sq. ft. 8,068
  • Price/Sq.ft. $50

Details

General

Income/Expenses

  • Other Expense: 0
  • Electric Expense: 0
  • Fuel Expense: 0
  • Gross Income: 0
  • Gross Scheduled Income: 0
  • Insurance Expense: 0
  • Trash Expense: 0
  • Water Sewer Expense: 0

Building Information

  • Year Built: 2018

Location/Region

  • County Or Parish: Henry
  • MLS Area Major: Atkinson

Tax Information

  • Tax Annual Amount: $5,177.10
  • Tax Year: 2024

General Information

  • Parcel Number: 0934226003
  • Possible Use: Commercial,Industrial,Legal Non Conforming,Office,Multi-Family,Special Use
  • Property Sub Type: Mixed Use
  • Property Type: Commercial Sale

Interior

Building Interior

  • Building Area Total: 8068

General Information

  • Cooling: Central Air
  • Electric: Power - 120V
  • Stories: 1

Exterior

Lot Information

  • Additional Parcels: No
  • Frontage Type: City Street
  • Lot Size Dimensions: 413 X 260 X 160 X 147 X 233 X 418
  • Lot Size Square Feet: 143748
  • Water Source: Municipal Water

Building Exterior/Construction

  • Construction Materials: Brick, Vinyl Siding, Frame
  • Roof: Metal

General Information

  • Number Of Units Total: 0
  • Utilities: Sewer Connected

509 N School Street Neighborhood

Community

61235 (Atkinson) Demographics

41
Median Age
33
Population Density (per sq. mile)
33%
College Educated
$58,125
Estimated Median Income
573
Estimated Total Home Owners
121
Estimated Total Renters
83% / 17%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

509 N School Street Monthly Cost

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$ %
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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

509 N School Street Market Data

Based on the last 30 days in this zip code

$159,900
Average List Price
$91
Average Price per Square Foot
0
Properties Sold
17
Average Days on Market
1
Properties for Sale
Calculations provided by Reliance Network

509 N School Street History

Date Event Value Agent
5/24/2026Source: MRED Status Change
Active
5/19/2026Source: MRED Added to Database
May 19, 2026
2/1/2026Source: MRED Added to Database
February 01, 2026