Rare opportunity to acquire a distinctive historic commercial property in the heart of downtown Collinsville. Located at 102 W. Main Street, this former bank building offers approximately 9,353 square feet of space across multiple sections and levels, providing exceptional flexibility for redevelopment, owner occupancy, investment, or a creative adaptive-reuse project. The property showcases impressive architectural character throughout, including a prominent stone exterior, towering columns, arched windows, ornate ceilings, decorative millwork, a dramatic open atrium, mezzanine areas, and original bank vaults. The spacious interior features large open rooms, high ceilings, multiple stairways, reception and counter areas, and abundant natural light. A former drive-through canopy area is also included with the property. The building is currently in varying stages of renovation and offers a substantial canvas for a buyer to complete according to their vision. Potential uses may include professional offices, event space, restaurant or hospitality concepts, retail, entertainment, mixed-use redevelopment, or other commercial possibilities, subject to zoning and governmental approval. Positioned along Main Street near established businesses, dining, shopping, and community destinations, this highly visible property offers a unique combination of historic charm, architectural presence, and redevelopment potential. Property is being offered in its current condition. Square footage, dimensions, property condition, zoning, permitted uses, and all other information should be independently verified by the buyer. Disclaimer: Some listing photographs may have been digitally enhanced to improve lighting, remove personal property or debris, and better illustrate the space. No structural alterations are intended to be represented.
0 Bed
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$ 250,000
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26047901
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N/A
Madison-IL
Commercial Sale
Commercial Sale
$3,257
Last 6 closed homes in this zip.
| Address | Bd/Ba | SqFt | List | Sold | Closed |
|---|---|---|---|---|---|
| 109 Dale Avenue, Collinsville, IL 62234 | 3/2 | 1,272 | $225,000 | $218,000 96.9% of ask |
Sep 4, 2026 |
| 126 S Jefferson Avenue, Collinsville, IL 62234 | 4/3 | 1,928 | $225,000 | $228,000 101.3% of ask |
Sep 4, 2026 |
| 119 Westwood Street, Collinsville, IL 62234 | 4/2 | 1,200 | $179,900 | $170,000 94.5% of ask |
Sep 2, 2026 |
| 7 Linden Court, Collinsville, IL 62234 | 3/4 | 2,913 | $535,000 | $520,000 97.2% of ask |
Sep 1, 2026 |
| 113 N Wilson Heights Road, Collinsville, IL 62234 | 5/1 | 2,118 | $204,900 | $185,000 90.3% of ask |
Sep 1, 2026 |
| 5906 Galli Lane, Collinsville, IL 62234 | 4/4 | 2,176 | $415,000 | $415,000 100% of ask |
Sep 1, 2026 |
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