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Mixed-Use Building with Apartments
For Sale
Under Contract
$349,900

801 - 805 1st Street, La Salle, IL 61301

COMMERCIAL - Lasalle, IL

Property SizeContact for details
Lot Size0.20 Acres
Days on Market407

Property Features for 801 - 805 1st Street

General Information

Property type Commercial Sale
Property subtype Other
Zoning COMMR
Directions Joliet Street south to 1st Street, turn east. Building will be on your left.
Subdivision Dimmick / LaSalle
Standard status Active Under Contract
APN 1815415030
Lot size 0.20 Acres

Taxes and HOA fees

Tax Year 2024
Tax Annual Amount 3312

Utilities

Cooling system Central Air

Building Details

Floors in Building 2
Number of units 9
Building materials Wood, Brick
Listing Agency: Brummel Properties, Inc.
Listed By: John Dunholter · License #471000199
Added: Jul 2, 2025 Changed: Aug 4 Last Checked: Aug 12 at 3:06PM
MLS# 12409525

Copyright © 2026 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.

Investment Insights

Based on property information with market context.

This mixed-use building is being redeveloped with six apartments planned on the second floor and retail space envisioned at ground level. The apartment area has completed framing, electrical and plumbing rough-ins, and largely installed HVAC ductwork. Structural reinforcement work has been completed, along with new roofs, exterior concrete, landscaping, hardscaping, gutters, and siding. Additional materials on site include TREX decking boards, steel doors, and electrical equipment.

The property encompasses 0.2 acres and provides space for nine parking spaces. Underground conduits are already installed for future electrical and gas connections, while those utility supplies still need to be brought to the building. The ground floor remains unfinished with a dirt surface, and the property is zoned COMMR.

Key Highlights

  • Six apartments planned for the second floor
  • Ground‑floor retail component planned within the mixed‑use layout
  • Apartment framing, electrical and plumbing rough‑ins completed

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Real Estate Agency HVAC Service Plumbing Service (Bike/Boat/Book/etc) Store Furniture & Home Goods Locksmith

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

6
Residential units

Location Intelligence

Trade Area within ½ mile

544
Businesses Nearby

Demographics for 61301, IL

10,375
Population
4,832
Households
2.1
Avg Household Size
40
Median Age
15%
College-Educated
87%
High-School Grad
42.3 sq mi
ZIP Area
245
Density / Sq Mi
$59,260
Median Household Income
$35,542
Median Earnings
$1,010
Median Rent
$117,800
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

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

What type of property is this?
Mixed-use property - Partially completed apartments are planned above a ground-floor retail component in a reinforced commercial building.
Where is this mixed-use property located?
The property is located at 801 - 805 1st Street La Salle, IL.
What is the asking price?
The asking price for this property is $349,900.
What are key features of this property?
This property features: Six apartments planned for the second floor; Ground‑floor retail component planned within the mixed‑use layout; Apartment framing, electrical and plumbing rough‑ins completed
More about this property
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