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    Somonauk, IL Plano, IL Newark, IL
    Mixed-Use Building in Downtown Sandwich
    Updated: Jan 27
    Mixed-Use Building in Downtown Sandwich

    8 E Railroad Street, Sandwich, IL 60548

    $925,000
    24,000 sqft · 0.71 AC lot
    10‑unit mixed‑use building in downtown Sandwich, IL with 9 second‑floor apartments and a substantial first‑floor antique retail space
    Approximately 24,000 SF total building area, noted as the largest building in downtown Sandwich
    New roof installed in 2019; additional unit and common area renovations completed from 2019–2025
    Heat retrofit completed in 2025
    Tenants pay electric and gas including heat; landlord pays water, sewer, and garbage; common area electric paid by landlord
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    Mixed-Use Building in Downtown Sandwich
    Updated: Jan 28
    Mixed-Use Building in Downtown Sandwich

    8 E Railroad Street, Sandwich, IL 60548

    $975,000
    24,000 sqft
    Largest building in downtown Sandwich (approx. 24,000 SF) offering significant presence and potential.
    Mixed‑use property with nine apartments and a large retail space provides diversified income streams.
    Recent renovations (2019‑2025) including new roof, unit updates, and heat retrofit minimize immediate capital expenditures.
    Located in the heart of downtown Sandwich, a premier Midwest antique destination and home of the Sandwich Fairgrounds.
    Tenants pay for electric, gas, and heat, reducing landlord's operating expenses.
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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 2 Active listings in Sandwich, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    6-Unit Apartment Building
    6-Unit Apartment Building

    168 S Lincoln Avenue, Aurora, IL 60505

    $550,000
    0.31 AC lot

    Updated 6-unit with a new roof, tenant-paid utilities, and on-site parking for each unit.

    View details
    Six-Unit Multifamily Building
    Six-Unit Multifamily Building

    116 N 9th Street, Dekalb, IL 60115

    $649,900
    0.12 AC lot

    Six-unit rental building with tenant-paid utilities, coin-operated laundry, and recent updates in four units.

    View details
    All-Brick Multifamily Building
    All-Brick Multifamily Building

    400 E Downer Place, Aurora, IL 60505

    $980,000
    0.27 AC lot

    All-brick multifamily property featuring seven units across one- and two-bedroom layouts.

    View details
    DeKalb Multifamily Investment Opportunity
    DeKalb Multifamily Investment Opportunity

    116 North 9th Street, Dekalb, IL 60115

    $649,900

    High-yield 6-unit property in DeKalb's thriving rental market.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Prime Development Land, Springfield MO
    Prime Development Land, Springfield MO

    N West Bypass, Springfield, MO 65802

    $2,850,000
    29.20 AC lot

    29.2 acres of retail-zoned land for mixed-use development.

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    Asheville Development Opportunity: 5.94 Acres
    Asheville Development Opportunity: 5.94 Acres

    215 N Bear Creek Road, Asheville, NC 28806

    $2,500,000
    5.94 AC lot

    5.94-acre parcel zoned RM6, ideal for multi-family development.

    View details
    Greenville Development Opportunity: 1.33 Acres
    Greenville Development Opportunity: 1.33 Acres

    71 Salters Road, Greenville, SC 29607

    $699,900
    1.33 AC lot

    1.33 acre parcel suitable for multi-family development near downtown.

    View details
    Land Near Shepherd University
    Land Near Shepherd University

    8285 MARTINSBURG Pike, Shepherdstown, WV 25443

    $650,000
    3.70 AC lot

    Prime land near Shepherd University with development potential.

    View details

    Sandwich, IL Apartment Buildings Market Trends and Statistics

    Explore 2 apartment buildings for sale in Sandwich, IL on our real estate platform. These investment opportunities span a total of 48,000 square feet of properties for sale, with an estimated market value of $1,900,000.

    Sale prices for two-family homes in Sandwich, IL start at $925,000, averaging $950,000, and reaching up to $975,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Demographics Overview

    Population 11K
    Population Growth (5Y) -9.2%
    Median Household Income $83,774
    College Educated 27.9%

    High-Yield Neighborhoods for Investment

    Identify Sandwich submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    60548 $950K

    Taxes & Financing

    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in DeKalb County

    New Delisted

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