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Mixed-Use Up to 7-Unit Apartment Building
For Sale
Under Contract
$95,000

321 W Main Street, Staunton, IL 62088

MULTI_FAMILY - Other - Staunton, IL

Property SizeContact for details
Lot Size0.10 Acres
Days on Market31

Property Features for 321 W Main Street

General Information

Property type Residential Multi Family
Property subtype Other
Subdivision City/Staunton
Elementary school STAUNTON DIST 6
Middle school STAUNTON DIST 6
High school Staunton
Elementary school district STAUNTON DIST 6
Middle school district STAUNTON DIST 6
High school district STAUNTON DIST 6
Standard status Active Under Contract
APN 01-001-107-00
Lot size 0.10 Acres

Taxes and HOA fees

Tax Year 2024
Tax Annual Amount 1757

Utilities

Heating system Space Heater, Forced Air
Cooling system Window Unit(s), Central Air

Building Details

Year built 1950
Floors in Building 2
Number of units 7
Building materials Vinyl Siding
Architectural style Other
Listing Agency: RE/MAX Alliance · RE/MAX International
Listed By: Melissa Quinones · License #475.216770
Added: Jul 22 Changed: Aug 13 Last Checked: Aug 21 at 3:06AM
MLS# 26037278

Copyright © 2026 Mid America Regional Information Systems, Inc. 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 mixed-use apartment building includes a ground-floor retail/commercial space with the potential for up to seven residential units above. The property is being sold as-is, and buyers are encouraged to verify potential unit count, zoning, permitted uses, and building condition.

Located at 321 W Main Street in downtown Staunton, the building sits on a prominent corner lot along Main Street, supporting visibility for retail uses and convenient access for residents and visitors.

Constructed in 1950, the building features vinyl siding and is equipped with forced-air heating plus space heaters. Cooling includes central air and window unit(s).

Key Highlights

  • Prominent corner lot along Main Street in downtown Staunton
  • Ground‑floor retail/commercial space
  • Potential for up to seven residential units above

Property Analytics

Current Use

Staunton Nails Nail Salon

Suggested Use

Top Pick Law Firm Dental Office Hair Salon Real Estate Agency Spa & Massage Center Auto Parts Store

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

316
Businesses Nearby

Demographics for 62088, IL

6,605
Population
3,263
Households
2
Avg Household Size
44
Median Age
21%
College-Educated
94%
High-School Grad
43.9 sq mi
ZIP Area
150
Density / Sq Mi
$66,066
Median Household Income
$44,235
Median Earnings
$803
Median Rent
$142,800
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - Ground-floor retail/commercial space with potential for up to seven residential units above on a prominent corner lot.
Where is this apartment building located?
The property is located at 321 W Main Street Staunton, IL.
What is the asking price?
The asking price for this property is $95,000.
What are key features of this property?
This property features: Prominent corner lot along Main Street in downtown Staunton; Ground‑floor retail/commercial space; Potential for up to seven residential units above
More about this property
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