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Historic Mixed-Use Building
For Sale
$37,000

106 & 106 1/2 N 7TH Street, Wyoming, IL 61491

Commercial Sale, Wyoming, IL

Property SizeContact for details
Lot Size0.07 Acres
Days on Market135

Property Features for 106 & 106 1/2 N 7TH Street

General Information

Property type Commercial Sale
Property subtype Other
Zoning C1
Directions 1 block north of the four way stop
Standard status Active
APN 04-35-409-011
Lot size 0.07 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description William F. Thomas Addition ~29 1/2 Part Lots 5 & 6 ~Block 1 110 X 29.5 ~City Of Wyoming ~
Tax Annual Amount 1859
Legal Description William F. Thomas Addition ~29 1/2 Part Lots 5 & 6 ~Block 1 110 X 29.5 ~City Of Wyoming ~

Utilities

Sewer type Public Sewer
Heating system Natural Gas, Forced Air
Cooling system Window Unit(s), Wall/Window Unit(s), Central Air

Amenities

floor to ceiling windows
exposed brick
hardwood floors
sleeping porch

Building Details

Year built 1898
Floors in Building 2
Flooring type Tile, Wood
Building materials Brick, Frame
Roof type Flat, Membrane
Listing Agency: Jim Maloof Realty, Inc.
Listed By: Amber Neal · License #475178998
Added: May 13 Changed: Sep 12 Last Checked: Sep 24 at 8:06PM
MLS# PA1266488

Copyright © 2026 RMLS Alliance. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

Built in 1898, this brick-and-frame mixed-use property combines commercial space with residential accommodation. The main level includes two retail or office areas that may be combined, along with a rear room formerly used as a photography studio featuring floor-to-ceiling windows and exposed brick. Wood and tile flooring are present throughout the building.

The upper floor contains a three-bedroom apartment with one bathroom, hardwood floors, and a sleeping porch. Electrical improvements have been initiated, while additional work remains. The property has C1 zoning, public sewer service, natural-gas forced-air heat, and a mix of central and wall or window cooling. Located within a TIF district, the building is positioned for renovation planning under the district’s available assistance framework.

Key Highlights

  • 1898 mixed‑use building with brick and frame construction
  • Two main‑floor retail or office areas that can be combined
  • Rear former photography studio with floor‑to‑ceiling windows and exposed brick

Property Analytics

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Current Use

Storefront properties

Suggested Use

Top Pick Big Box & Wholesale Store Parking Lot & Garage Auto Repair Shop Building Supply Pharmacy Kitchen & Bath Showroom

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

158
Businesses Nearby

Demographics for 61491, IL

2,015
Population
1,061
Households
1.9
Avg Household Size
46
Median Age
22%
College-Educated
93%
High-School Grad
96.0 sq mi
ZIP Area
21
Density / Sq Mi
$61,406
Median Household Income
$44,041
Median Earnings
$693
Median Rent
$119,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Main-floor commercial spaces accompany an upstairs apartment with hardwood flooring and a sleeping porch.
Where is this mixed-use property located?
The property is located at 106 & 106 1/2 N 7TH Street Wyoming, IL.
What is the asking price?
The asking price for this property is $37,000.
What are key features of this property?
This property features: 1898 mixed‑use building with brick and frame construction; Two main‑floor retail or office areas that can be combined; Rear former photography studio with floor‑to‑ceiling windows and exposed brick
More about this property
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