Live-Work Retail
8621 US Highway 12 Richmond, IL 60071
For Sale
$224,990
COMMERCIAL - Richmond, IL
Lot Size0.50 Acres
Days on Market202
Property Features for 8621 US Highway 12
General Information
Property type
Commercial Sale
Property subtype
Retail
Zoning
COMMR
Standard status
Active
APN
0421100005
Lot size
0.50 Acres
Taxes and HOA fees
Tax Year
2024
Tax Annual Amount
7907
Utilities
Utilities
Natural Gas Available
Sewer type
Septic Tank
Cooling system
Central Air
Water source
Well
Building Details
Year built
1940
Floors in Building
2
Number of units
2
Building materials
Vinyl Siding
Roof type
Composition
Listing Agency:
HomeSmart Connect LLC
(847) 495-5000
Listed By:
Salvatore Soccorso · License #475144533
(847) 495-5000
Added: Jan 8
Changed: Jul 21
Last Checked: Jul 29 at 2:06AM
MLS# 12543717
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 live-work property combines an attached 2-bedroom home with a dedicated commercial portion. The commercial area measures 23 by 33 feet and includes space identified for a future bathroom. The commercial portion is separately metered, and the property features newer insulation, two HVAC systems, and a newer 200-amp electric service with two meters. Additional features include a basement, a 2-car garage, and a rear yard offering privacy.
The property is located on US RT 12 just north of the 12/31 intersection, in a highly visible, heavily trafficked setting. It is zoned for live and work, under the General Business District (GB District) framework, which is intended to support a range of retail, food service, service, and repair businesses concentrated around intersections along arterial thoroughfares. The district is served by municipal water and sewer systems, and the property is described as having level access to the Prairie Trail.
The property is being sold as-is, and the seller advises that the buyer pays for the survey and completes due diligence.
The property is located on US RT 12 just north of the 12/31 intersection, in a highly visible, heavily trafficked setting. It is zoned for live and work, under the General Business District (GB District) framework, which is intended to support a range of retail, food service, service, and repair businesses concentrated around intersections along arterial thoroughfares. The district is served by municipal water and sewer systems, and the property is described as having level access to the Prairie Trail.
The property is being sold as-is, and the seller advises that the buyer pays for the survey and completes due diligence.
Key Highlights
- Zoned for live and work: General Business District (GB District).
- Includes a separately metered commercial space with approx. 23x33 area and room for a future bathroom.
- 1940 home with vinyl siding, composition roof, and central air.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Live-work space - Attached 2-bedroom home with a separately metered commercial area and room for a future bathroom.
Where is this live-work space located?
The property is located at 8621 US Highway 12 Richmond, IL.
What is the asking price?
The asking price for this property is $224,990.
What are key features of this property?
This property features: Zoned for live and work: General Business District (GB District).; Includes a separately metered commercial space with approx. 23x33 area and room for a future bathroom.; 1940 home with vinyl siding, composition roof, and central air.
