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120 W Water Street, Hillsboro, IL, 62049

Excellent commercial opportunity in Hillsboro, IL.! Position your business for success with this highly visible corner lot zoned B1 in the heart of Hillsboro. Situated on the corner of Hamilton St./Route 127 and W. Water St. this property has excellent drive by exposure with over 4,000 cars a day. It is a level lot that is finished with gravel. It has curbs, gutters, sidewalks, streetlights, an alley behind and also utilities nearby. Whether you are looking for a spot to build a compact retail/office space or to secure extra parking for an existing local operation this is a unique opportunity to own a piece of thriving downtown Hillsboro!

Subdivision: Not in Subdivision

List Price

$ 24,900

Status

Hold

Days on market

0

MLS#

26035527

Bedrooms

0

Full baths

0

Subdivision

Not in Subdivision

School District

HILLSBORO DIST 3

County

Montgomery

Property Type

Land

Type

Land

Additional Information

Property Tax (2025)

$1,978

Recent Nearby Sales in 62049

Last 6 closed homes in this zip.

Address Bd/Ba SqFt List Sold Closed
331 N East Street, Hillsboro, IL 62049 2/1 1,262 $51,900 $48,900
94.2% of ask
Aug 31, 2026
21 Helston Place, Hillsboro, IL 62049 4/2 1,800 $199,900 $210,000
105.1% of ask
Aug 28, 2026
1219 School Street, Hillsboro, IL 62049 2/1 900 $49,000 $49,000
100% of ask
Aug 24, 2026
1045 Bell Place, Hillsboro, IL 62049 3/1 961 $60,000 $58,000
96.7% of ask
Aug 24, 2026
123 Patterson Drive, Hillsboro, IL 62049 3/2 1,824 $175,000 $175,000
100% of ask
Aug 7, 2026
17261 N 9th Avenue, Hillsboro, IL 62049 2/1 1,144 $129,000 $90,000
69.8% of ask
Aug 7, 2026

Price & Listing History

Listed for sale
Jun 5, 2026 at $24,900
Current status: Hold
As of Jul 17, 2026 · $24,900

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