Welcome to this historic 2-story commercial building (used to be Peoples Bank, original vault is still there), located in the heart of St. Charles! This property offers a unique opportunity for investors/business owners looking to generate income from the existing tenant on the first floor, while having the potential to live, or create additional income, upstairs. The upper level can be easily converted into a spacious living area, two separate apartments, or used for additional commercial rental space, allowing for endless possibilities. The recently approved $85M City Centre Complex will be approx. 1 block south to include a new City Hall, Senior Center w/ Rec Center, Arts & Cultural Center, restaurant incubators, and more! Plans are in the works to re-do 2nd St. next year and put in new storm drains. Don't miss out on this amazing opportunity to own a piece of St. Charles history. Schedule your showing today and unlock the full potential of this one-of-a-kind property!