140&142 W Broadway
Sparta, IL 62286
Map
- – beds
- – baths
- – sqft
- 6,098 sqft lot
- 1900 build
- – on site
Located in the heart of town, this property offers both steady income and outstanding potential. The main structure includes six apartment units, 3 efficiency and 3 one bedroom apt's, all currently occupied. Many of the units have been updated, providing comfortable living spaces that attract long-term renters. Water and electricity are conveniently included in the rent, simplifying management for the owner. Next door, the second building adds tremendous flexibility. This structure features a welcoming storefront with excellent visibility and heavy foot traffic—perfect for a retail shop, cafe, studio, gallery, or office. The versatile layout offers endless possibilities to bring your business vision to life or expand your rental portfolio. Situated among popular restaurants, boutiques, and local attractions, the property is just minutes from public transportation and parking, making it easily accessible to residents and customers alike. Whether you’re seeking a turnkey investment with consistent rental income or a dynamic space to launch your own enterprise, this rare combination of residential and commercial potential is a truly unique opportunity. Includes parcel 19-014-002-00. Duplicate MLS 25045553
Last checked:
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Last updated Jul 15, 2025
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MLS# 25047675 —
The Building
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Year Built:1900
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Year Built Source:Public Records
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Number Of Buildings:2
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New Construction:false
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Construction Materials:Brick
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Architectural Style:Apartment Style
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Unit Count:5
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Number Of Units Total:6
Financial & Terms
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Listing Terms:Cash, Conventional
Location
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Longitude:-89.7028658
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Latitude:38.1226627
The Property
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Property Type:Residential Income
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Parcel Number:19-015-001-00
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Lot Size Acres:0.14
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Lot Size Source:Public Records
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Waterfront:false
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Road Surface Type:Asphalt
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Road Frontage Type:City Street
Listing Agent
- Contact info:
- Agent phone:
- (618) 473-2500
- Office phone:
- (618) 473-2500
Taxes
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Tax Year:2023
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Tax Annual Amount:$3,162
Heating & Cooling
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Cooling:Window Unit(s)
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Heating:Baseboard, Electric, Forced Air
Utilities
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Utilities:Electricity Connected, Sewer Connected, Water Connected
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Electric:Ameren
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Water Source:Public
Schools
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Elementary School:Sparta Dist 140
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Middle School:Sparta Dist 140
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High School:Sparta
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High School District:Sparta Dist 140
The Community
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Subdivision Name:Not In A Subdivision
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Association:false
Parking
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Garage:false
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Attached Garage:false
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Carport:false
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
7/14/25
Jul 14, 2025
|
Listed / Active | MARIS | $145,000 |
