$500,000
$100K PRICE DROP

352 Franklin St Jacksonville, IL 62650

Estimated payment $3,062/month

Total Views 26,076
4 Beds
-- Bath
28,844 Sq Ft
$17 Price per Sq Ft

Highlights

  • 4.22 Acre Lot
  • Two Heating Systems
  • Hot Water Heating System

About This Home

Once a school building, this one-of-a-kind property offers incredible potential with both residential and commercial spaces under one roof. The main floor is currently zoned residential and features tenant-occupied units, while the lower level—complete with a full gymnasium, locker rooms, and commercial zoning—opens the door to countless opportunities for business or community use. Plenty of parking with the spacious lot. Inside, you’ll find a kitchen, bathrooms, and even an auditorium, adding to the versatility of this space. Appliances are negotiable, and the detailed floorplan will give you a clear view of the layout and possibilities. Whether you’re dreaming of a live-work setup, event space, or creative redevelopment, this property is ready for your vision!

Listing Agent

Clayton Yates

The Real Estate Group, Inc. License #475160796 Listed on: 09/12/2025

The Real Estate Group, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,399

Year Built

  • Built in 1939

Lot Details

  • 4.22 Acre Lot
  • Lot Dimensions are 460 x 400

Parking

  • 20 Parking Spaces

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 4 Bedrooms
  • 28,844 Sq Ft Home
  • Finished Basement
  • Basement Fills Entire Space Under The House

Schools

  • Jacksonville District #117 High School

Utilities

  • Two Heating Systems
  • Window Unit Heating System
  • Hot Water Heating System

Listing and Financial Details

  • Assessor Parcel Number 09-21-311-027

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,399

Year Built

Built in 1939

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Residential Income
  • Year Built: 1939
  • New Construction: No
  • Structure Type: Two or More Story, Other
  • Special Features: None

Interior Features

  • Basement: Finished, Full
  • Total Bedrooms: 4

Exterior Features

  • Lot Features: Extra Lot, Other
  • Construction Type: Brick
  • Roof: Other
  • 100YearPlain: No

Garage/Parking

  • Parking Features: Other, Oversized
  • Total Parking Spaces: 20

Utilities

  • Heating: Heating Systems - 2+, Hot Water, Window Unit(s)
  • Laundry Features: Common Area
  • Water Source: Public Sewer, Public
  • GasExpense: 0

Condo/Co-op/Association

  • Senior Community: No

Fee Information

  • AdvertisingExpense: 0

Schools

  • High School: Jacksonville District #117

Lot Info

  • Lot Size Acres: 4.22
  • Lot Size: 460 x 400
  • Parcel #: 09-21-311-027

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 5398.94
  • TaxExemptions: None

Map

Range of Values:

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Value Increase
--
Percent Increase
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Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/30/2025 12/30/25 Price Changed $500,000 -16.7% $17 / Sq Ft
09/12/2025 09/12/25 For Sale $600,000 -- $21 / Sq Ft
Source: RMLS Alliance

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed $182,000 Attorney
Warranty Deed -- None Available
Warranty Deed -- None Available
Source: Public Records

Source: RMLS Alliance

MLS Number: CA1039190

RMLS Alliance

APN: 09-21-311-027

Illinois Morgan County Jacksonville 62650

352 Franklin St, Jacksonville, IL

For Sale

MultiFamily

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Clayton Yates
Listing Agent
Clayton Yates
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The Real Estate Group, Inc.
(217) 290-1802