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    518 Depot St Mazon, IL 60444

    For Sale
    $250,000

    Mixed Use - Mazon, IL

    Type:Mixed Use
    Property size:
    6,168 SF
    Days on Market:
    31
    Last Refresh:
    Dec 6 at 4:06 am

    Property Features for 518 Depot St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Mixed Use
    Standard status
    Active
    Zoning
    COMMR
    APN
    0821226007
    Size
    6,168 SF

    Utilities

    Cooling system
    Central Air, Multi Units, Window Unit(s)

    Building Details

    Year built
    1900
    Number of units
    6
    Architectural style
    Other

    Keller Williams Realty Infinity (630) 778-5800 [email protected]

    Listing agent Christy Schmaedeke (815) 267-1158 License #475180851

    Listing date Nov 6, 2025

    MLS# 12511730 Listing URL

    Copyright © 2025 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Mixed-Use Building with Rental Apartments

    This mixed-use building is located in downtown Mazon. The main level provides approximately 3,000 square feet of commercial space divided into two storefronts, each featuring tall ceilings, display windows, open space, storage areas, and bathrooms, with separate entrances from Depot Street and the rear parking lot. The layout is suited for retail, office, bar and grill, restaurant, or gaming use. Infrastructure and plumbing are in place to accommodate food service. The roof was replaced in 2024. Upstairs, there are four fully rented residential apartments, including two 2-bedroom units and two 1-bedroom units; three of the four apartments have been updated within the past 18 months. The current monthly residential rental income totals $3,650. All tenants pay their own utilities. Each unit has separate electric and water service. The building has updated plumbing and 400-amp electrical service, and uses city water and sewer. Off-street parking is available in the rear of the building. The B-1 zoning allows for a variety of business uses. The property size is 6,168 square feet.
    Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Auto Repair Shop Garden Center Convenience Store Daycare Center Travel Agency Pawn Shop Laundry Service Butcher Parking Facility

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Mazon
    County
    Grundy
    State
    Illinois
    Longitude
    -88.423981
    Latitude
    41.240128

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      Mazon Commercial Property - Huge Potential

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    FAQs

    What type of property is this?
    Mixed-use property - Mixed-use building in downtown Mazon with commercial space and apartments.
    Where is this mixed-use property located?
    The property is located at 518 Depot St Mazon, IL.
    What is the asking price?
    The asking price for this property is $250,000.
    What are key features of this property?
    This property features: - Prime downtown location in Mazon with strong rental income and business potential.; - Main level features **3,000 sq ft of commercial space** divided into two storefronts suitable for retail, office, or restaurant use.; - Four fully rented residential apartments (two 2-bedroom, two 1-bedroom) generating $3,650 monthly income.
    (815) 267-1158
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    518 Depot St Mazon, IL 60444
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    Mazon, IL 60444
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    518 Depot St Mazon, IL 60444
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