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Endless potential at 102 East State Street in Hamel! Formerly a funeral home, this versatile commercial building offers a rare opportunity for an investor or owner-user ready to reimagine the space. The layout, parking, and visibility that made this property work as a funeral home are exactly what make it adaptable to so many other uses — bring your vision and creativity, the bones are here, ready for a fresh purpose. Possibilities include: a bed & breakfast, a wedding and event venue, a daycare center, a yoga or fitness studio, a medical or dental office, a law or accounting office, or offices upstairs with retail downstairs. Located in Madison County with easy access to Edwardsville and the greater Metro East area. Don't miss this chance to put your stamp on a building full of character and possibility — schedule your showing today!

  • Year Built
    1965
  • Construction Materials
    Vinyl Siding
  • Foundation
    Block

  • Acres
    0.25

  • County
    Madison
  • City
    Hamel
  • Neighborhood
    none
  • Zip Code
    62046

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Frequently Asked Questions

How do I schedule a tour of 102 E State St?

We can make that happen quickly. Click Tour This Home and we'll connect you directly with our vetted local partner to schedule your visit to 102 E State St.

They know commercial sales in the area well and can give you the guidance you need to buy with confidence.

How do I get more information about 102 E State St?

Click Ask a Question to talk with our team. You already know it is a N/A bed, N/A bath, listed for $174,900. We can talk through recent upgrades, potential seller motivation, how this commercial sale compares to others in Hamel, and can even get you in to see the property quickly.

How much is the monthly mortgage payment for 102 E State St?

With a 20% down payment and a 30-year fixed loan at an illustrative 7.25% rate, the ez Mortgage Calculator estimates the monthly payment for 102 E State St at around $1,287. This includes estimated property taxes and insurance.

Want to see how this changes with different down payments or interest rates? Jump to the calculator to run the numbers and fine-tune your plan.

How do I get pre-approved to buy 102 E State St?

Stand out in a competitive market by getting pre-approved today. Our quick and private pre-approval process helps you understand your true buying power—no credit pull required to explore all of your options.

Or, let us connect you with our preferred local lender in Madison County. They will give you all of your available financing options, based on your specific situation and what is available to you.

Can I negotiate the asking price for 102 E State St?

In most cases, yes. Whether 102 E State St is priced competitively or not, your best offer depends on your personal situation, the seller's timeline, and recent activity in Hamel's market. Our preferred local partner will help you craft a strategy—factoring in comparable properties that have sold, timing, and deal structure—to make a smart, strong offer. Click here to ask about negotiation opportunities.

How do I make an offer on 102 E State St?

We can handle that for you. Our preferred local agent specializes in commercial sales in Hamel and can guide you through every step of the offer process.

You need an expert who is looking out for your best interests. From market valuation to contingencies and timing, they'll help you present a compelling offer that fits your goals. Click Ask a Question to get started today.

What is the price per square foot for this home?

This home is listed at $174,900 with 2,278 sqft of space—that comes out to approximately $77 per square foot.

How long has this property been on the market?

102 E State St was listed on September 14, 2026, which means it's been on the market for 57 days.

Want to keep tabs on it? Click the ♥ to favorite this home and get notified of price drops or changes.

When was this house built?

This home was built in 1965, making it approximately 61 years old.

What is the lot size of this property?

102 E State St sits on a 0.25-acre lot, which is 10,890 square feet.

What are the property taxes for 102 E State St?

The most recent public record shows annual property taxes for 102 E State St were approximately $3,497. This may change with reassessment or exemptions. Our local partner can verify current tax amounts and help you estimate future costs based on your situation.

Is 102 E State St still available for sale?

This home is under contract, but may still accept backup offers. Click ♥ to track updates or connect with our local expert to see if it's still worth pursuing.

Source: ez Home Search, MLS Data

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Based on information submitted to the MLS GRID as of November 10, 2026 at 01:12AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Source: MARIS MLS | MLS#: 26058860