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$315,000 Just Listed

  • For Sale
  • Active
  • Commercial
  • 3,000 Sq. Ft.
  • Updated 1 day ago
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Sitting in the historic downtown of Savanna is this fabulous brick building with beautiful river views. The building is three stories tall & has a basement. The property has a long term tenant on the main level, that space has been completely renovated & currently is used by H&R Block. The two upper floors have been taken down to bare spaces so you can bring many visions to life. The city of Savanna does have TIFF money available for businesses buildout. With Airbnb or event space it would bring life to the upstairs & create more income for the building. Per seller the city is in the process of creating a new river boat dock system & walkway which will bring even more people to town. This is a great opportunity in a well known river town Main Street. All information to be verified by buyer/agent.

Full Property Details for 305 Main St

General

  • Price: $315,000
  • Taxes: $2,986 (2025)
  • Status: Active
  • Type: Commercial
  • Source: MRED
  • MLS ID: 12774514
  • Updated: 10/13/2026
  • Added to Site: 1 day(s) ago

Interior

  • Interior Features: Multi-Tenant, Basement
  • Flooring: Carpet, Wood

Location

  • Area: Savanna
  • County: Carroll
  • Township: Savanna
  • Driving Directions: From Main St., just North of Jefferson St., Property is on the East side of the Street.
  • Location Details: Central Business District

Heating & Cooling

  • Cooling Type: Central Air Conditioning
  • Heating Type: Forced Air, Gas

Utilities

  • Sewer: Public Sewer
  • Water: Municipal Water

Structural Information

  • Construction: Brick
  • Exterior Const.: Brick
  • Foundation: Stone
  • Roof: Reflective Coating, Rubber
  • Sub-Flooring: Carpet, Wood
  • Stories/Levels: 3
  • Square Feet: 3,000
  • Current Bldg. Use: Commercial
  • Year Built: 1882
  • Built Before 1978: Yes

Unit Information

  • # Tenants: 1

Lot Features

  • Lot Dimensions: 23 x 120 x 25 x 120
  • Drainage: Floor Drains
  • Potential Use: Commercial, Retail

Water Features

  • Water Front Name: MISSISSIPPI RIVER

Financial Considerations

  • For Sale/Rent/Lease: For Sale Only
  • Assessment Year: 1882
  • Tax Amount: $2,986.22
  • Tax Year: 2025
  • Tenant Pays: Air Conditioning, Common Area Maintenance, Electricity, Heat
  • Pays Sewer: Public Sewer

Disclosures and Reports

  • Property ID: 80709201030

Listed by HomeSmart Residential and Commercial Realty

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— 305 Main St —

  • HomeSmart Residential and Commercial Realty

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NMLS#: 1598647

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Save up to an additional 20% by bundling your home and auto together!

Schools serving 305 Main St

School District:West Carroll Community Unit School District 314
NameGradesDistance
West Carroll Primary School
2215 Wacker Road, Savanna, IL 61074
PK-42.1 mi
West Carroll Middle School
633 South East Street, Mount Carroll, IL 61053
5-89.7 mi
West Carroll High School
500 Cragmoor Street, Savanna, IL 61074
9-121.2 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 305 Main St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
10/13/2026
Listed
$315,000
75%
MLS
11/28/2007
Sold
$180,000
—
Public Record
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Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 305 Main St

Year
Property Taxes
Change
Tax Assessment
Change
2025
$2,954
3%
$28,006
4%
2024
$2,864
100%
$26,928
15%
2023
-100%
$23,416
-9%
2022
$3,041
6%
$25,704
9%
2021
$2,859
1%
$23,582
—
2019
$2,838
70%
$23,582
-1%
2017
$1,665
-2%
$23,722
75%
2016
$1,702
—
$13,580
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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305 Main Street, Savanna, IL 61074 (MLS# 12774514) is a Commercial property. 305 Main Street is currently listed for $315,000 and was received on October 13, 2026. Want to learn more about 305 Main Street? Do you have questions about finding other Commercial real estate for sale in Savanna? You can browse all Savanna real estate or contact a Coldwell Banker agent to request more information.

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