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14 E Penning Avenue, Wood River, IL, 62095

NO SIGN - A must see if looking for a spacious place for a small office. Perfect for a medical clinic, attorney office, tax office and so much more. Enclosed front porch, open floor plan, some wood floors, large kitchen area, 2 spacious office spaces with sitting rooms/ storage space off each and bathroom round out main level. Upper level offers a small kitchen, dining/living room combo, 2 bedrooms, office and bathroom. Large closets throughout. Lower level with a large open room, utility room and storage room. Fenced yard, deck and a spacious shed. Appliances in upper level stay, Appliances on main level Do Not Stay. Will need TLC and updates but would make a wonderful space to run a small business and have a tenant above. BEING SOLD AS-IS/NO REPAIRS BY SELLER. SELLER WILL NOT PROVIDE OCCUPANCY INSPECTION OR PERMIT. Per zoning: business must be in place on main level to rent out upper level. Location: Other

Subdivision: Not in Subdivision

List Price

$ 60,000

Status

Active Under Contract

Days on market

528

MLS#

25019091

Bedrooms

0

Full baths

0

Sq. Ft. Above

2,307

Subdivision

Not in Subdivision

Municipality

Wood River

County

Madison-IL

Property Type

Commercial Sale

Transaction Type

Sale

Type

Commercial Sale

Additional Information

Property Tax (2023)

$3,698

Recent Nearby Sales in 62095

Last 6 closed homes in this zip.

Address Bd/Ba SqFt List Sold Closed
324 Park Avenue, Wood River, IL 62095 2/1 868 $130,000 $131,900
101.5% of ask
Sep 4, 2026
341 Avalon Street, Wood River, IL 62095 1/1 978 $75,000 $75,000
100% of ask
Sep 4, 2026
343 Avalon Street, Wood River, IL 62095 2/1 841 $100,000 $100,000
100% of ask
Sep 4, 2026
346 12th Street, Wood River, IL 62095 3/2 1,127 $170,000 $172,000
101.2% of ask
Sep 1, 2026
842 Lewis Avenue, Wood River, IL 62095 4/3 2,496 $339,900 $339,900
100% of ask
Aug 28, 2026
656 N 3rd Street, Wood River, IL 62095 2/1 810 $139,999 $140,000
100% of ask
Aug 28, 2026

Price & Listing History

Listed for sale
Mar 27, 2025 at $65,000
Price reduced by $5,000 (7.7%)
From $65,000 to $60,000
Current status: Active Under Contract
As of Aug 15, 2026 · $60,000

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