High-Traffic Specialty
For Sale
$150,000
107 N Prairie Street, Lacon, IL 61540
Commercial Sale, Lacon, IL
Property Size8,000 SF
Price / SF$18.75
Days on Market39
Property Features for 107 N Prairie Street
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
commercial
Directions
N Prairie St
Standard status
Active
APN
14-25-356-001
Utilities
Sewer type
Public Sewer
Heating system
Natural Gas
Building Details
Floors in Building
1
Flooring type
Tile, Concrete, Carpet
Building materials
Brick, Stone
Roof type
Asphalt
Listing Agency:
Jim Maloof Realty, Inc.
(309) 444-8800
Listed By:
Chuck Cook · License #475182044
(309) 253-0163
Added: Jul 14
Changed: Aug 19
Last Checked: Aug 21 at 1:06AM
MLS# PA1268326
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.
Specialty commercial building located on a high-traffic intersection in Lacon, Illinois, and offered for sale on an as-is basis. The building is described as approximately 8,000+ square feet and is presented as a conversion opportunity for multiple potential uses. Construction materials include brick and stone, with interior flooring of carpet, concrete, and tile. Heating is natural gas and the boiler system is not working.
The property reports some basement water damage due to a water line break. The building also has asbestos present. Site-specific items the seller reserves include a bell in the front lawn, sound equipment, and an oven in the kitchen.
Utilities noted include public sewer and the roof is described as asphalt. This offering is most suitable for buyers who want to evaluate the conversion potential and plan for repairs and environmental considerations associated with the stated conditions.
The property reports some basement water damage due to a water line break. The building also has asbestos present. Site-specific items the seller reserves include a bell in the front lawn, sound equipment, and an oven in the kitchen.
Utilities noted include public sewer and the roof is described as asphalt. This offering is most suitable for buyers who want to evaluate the conversion potential and plan for repairs and environmental considerations associated with the stated conditions.
Key Highlights
- Approximately 8,000+ SF specialty building on a high‑traffic intersection
- Boiler system not working; property sold as‑is
- Basement water damage from a water line break
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
225
Businesses Nearby
Explore this area
Business Placement
Demographics for 61540, IL
2,741
Population
1,298
Households
2.1
Avg Household Size
46
Median Age
19%
College-Educated
94%
High-School Grad
52.7 sq mi
ZIP Area
52
Density / Sq Mi
$74,519
Median Household Income
$40,735
Median Earnings
$803
Median Rent
$154,300
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Specialty property - Specialty building at a high-traffic intersection, offered for sale as-is with a non-working boiler and basement water damage.
Where is this specialty property located?
The property is located at 107 N Prairie Street Lacon, IL.
What is the asking price?
The asking price for this property is $150,000.
What are key features of this property?
This property features: Approximately 8,000+ SF specialty building on a high‑traffic intersection; Boiler system not working; property sold as‑is; Basement water damage from a water line break
