Building Details

Year built 1900

Floors in Building 1

Flooring type Carpet, Concrete

Building materials Brick, Vinyl Siding, Frame

Roof type Asphalt

Listing Agency: Jim Maloof Realty, Inc. m***@maloofrealty.com Show Phone

Listed By: Scarlett Palm · License #471.010509 Show Phone

Added: Jan 7 Changed: Aug 4 Last Checked: Aug 10 at 12:06AM

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MLS# PA1263139

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.

This multi-office commercial building offers office-focused space in a brick and vinyl siding exterior. Interior finishes include concrete and carpet flooring. The building is heated with natural gas forced air and cooled with central air, with an asphalt roof providing the exterior weather barrier.

The property is zoned B1 and located at 130 5th Street in Lacon, IL, in the heart of downtown. Public sewer services are available. The offering highlights multi-office space along with parking space availability.

Built in 1900, the building’s construction materials include brick, vinyl siding, and frame components, supported by practical utilities and HVAC for tenant operations.

Key Highlights

• Zoned B1 for office and commercial use
• Multi‑office space plus parking space availability
• Central air cooling and natural gas forced‑air heating

Property Analytics

Property Profile

Current Use

Office buildings

Suggested Use

Top Pick Real Estate Agency Building Supply Pharmacy Auto Parts Store Nail Salon Hair Salon

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

Yes

Paved road access

Location Intelligence

Trade Area within ½ mile

16

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

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

Questions? Ask Rey

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What type of property is this? Where is this office buildings located? What is the asking price? Find similar properties ... What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Office building - B1-zoned office building with central air, forced-air natural gas heat, and multi-office space.

Where is this office building located?

The property is located at 130 5TH Street Lacon, IL.

What is the asking price?

The asking price for this property is $115,000.

What are key features of this property?

This property features: Zoned B1 for office and commercial use; Multi‑office space plus parking space availability; Central air cooling and natural gas forced‑air heating