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$199,999 Just Listed
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Property Description
Nestled in the heart of downtown Spring Valley, this versatile multi-unit commercial property offers over 5,000 square feet of adaptable space. The upstairs residential unit features four bedrooms and one bath, ideal for rental income. The ground floor, previously a pawn shop, is a flexible commercial space ready for a boutique, office, or retail use. Additional highlights include a custom mural on the front, major electrical upgrades, and an extra adjacent lot with ample outdoor space. Located in a prime commercial district, this property is a fantastic opportunity. Contact the listing agent for a full list of all upgrades.
Full Property Details
Full Property Details for 123 W St Paul St
General
- Price: $199,999
- Taxes: $5,872 (2024)
- Status: Active
- Type: Commercial
- Source: MRED
- MLS ID: 12624254
- Updated: 4/22/2026
- Added to Site: 1 day(s) ago
Interior
- Interior Features: Private Restroom(s), Basement, Pre-Wired PC Network
- Flooring: Tile, Wood
Location
- Area: Spring Valley
- County: Bureau
- Township: Hall
- Driving Directions: US-6 to E Dakota St to North Spalding St. West onto St Paul St. The property is on the left right after the Spring Valley Bakery.
- Location Details: Out of Area
Heating & Cooling
- Cooling Type: Central Air Conditioning, Heat Pump, Zoned
- Heating Type: Gas, Hot Water, Wall Unit, Other
Structural Information
- Construction: Vinyl Siding, Brick
- Exterior Const.: Vinyl Siding, Brick
- Sub-Flooring: Tile, Wood
- Stories/Levels: 2
- Square Feet: 5,225
- Current Bldg. Use: Commercial
- # of Stores: 1
- Year Built: 1920
- Built Before 1978: Yes
Lot Features
- Lot Size (Sq. Ft.): 9,750
- Lot Dimensions: 75 x 130
- Frontage: City Street
- Potential Use: Commercial, Retail
Financial Considerations
- Assessment Year: 1920
- Tax Amount: $5,872.2
- Tax Year: 2024
Disclosures and Reports
- Property ID: 1834436003
Listed by Local Realty Group, Inc.
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Schools
Schools serving 123 W St Paul St
School Districts:Spring Valley Community Consolidated School District 99, Hall High School District 502
| Name | Grades | Distance |
|---|---|---|
John F Kennedy Elementary School, Spring Valley, IL 999 North Strong Avenue, Spring Valley, IL 61362 | PK-8 | 0.6 mi |
Hall High School 800 West Erie Street, Spring Valley, IL 61362 | 9-12 | 0.6 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 123 W St Paul St
Date
Details
Price
Change
Source
4/21/2026
Listed
$199,999
54.44%
MLS
7/01/2010
Sold
$129,500
—
Public Record
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
Tax History for 123 W St Paul St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$3,547
3%
$34,160
7%
2022
$3,430
3%
$32,033
8%
2022
$3,328
4%
$29,548
6%
2020
$3,195
1%
$27,892
4%
2019
$3,158
2%
$26,778
2%
2018
$3,090
—
$26,199
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 123 W St Paul St
123 W Saint Paul Street, Spring Valley, IL 61362 (MLS# 12624254) is a Commercial property. 123 W Saint Paul Street is currently listed for $199,999 and was received on April 21, 2026. Want to learn more about 123 W Saint Paul Street? Do you have questions about finding other Commercial real estate for sale in Spring Valley? You can browse all Spring Valley real estate or contact a Coldwell Banker agent to request more information.

