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Historic Mixed-Use Property with Restaurant
For Sale
$400,000

101 W Sale Street, Tuscola, IL 61953

Commercial and residential space includes restaurant equipment and upper-level apartment areas.

Property Size5,700 SF
Price / SF$70.18
Days on Market130

Property Features for 101 W Sale Street

General Information

Standard status Active
Size 5,700 SF
Property subtype Commercial
Zoning COMMR

Additional Details

Equipment Included Yes
Multifamily Units 1

Taxes and HOA fees

Annual Taxes $3,520

Building Details

Building Size 5,700 SF
Year Built 1871
Year Renovated 2024
Buildings 1
Stories 2
Listing Agency: Hillard Agency- Tuscola
Listed By: Cathy Means · License #4710203432
Source: Cavanaghrealty
Added: Apr 13 Changed: Aug 20 Last Checked: Aug 20 at 4:56AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Hillard Agency- Tuscola

Investment Insights

Based on property information with market context.

This mixed-use property combines 2,850 Sq Ft of commercial space on the main level with 2,850 Sq Ft of residential space above. The commercial area houses Flesor's Candy Kitchen and includes restaurant equipment, original mosaic tile flooring, mahogany trim, built-in booths, a marble soda fountain and ice cream bar, antique wooden stools, three wooden display cases, and a historic teller booth. The property was built in 1871 and is zoned COMMR.

The upper floor includes a nearly finished 1,425 sq ft apartment requiring a kitchen, along with an additional 1,425 sq ft unfinished area. Front-of-building and masonry renovations were completed in 2024, adding updated structural work while retaining the building's historic interior character.

Key Highlights

  • 2,850 Sq Ft of commercial space on the main level
  • 2,850 Sq Ft of residential space above
  • Includes Flesor's Candy Kitchen and restaurant equipment

Property Analytics

Current Use

Flesor's Candy Kitchen Restaurant

Suggested Use

Top Pick Real Estate Agency Building Supply Dental Office Parking Lot & Garage (Bike/Boat/Book/etc) Store Barber Shop

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

1
Residential units

Location Intelligence

Trade Area within ½ mile

394
Businesses Nearby

Demographics for 61953, IL

6,365
Population
2,860
Households
2.2
Avg Household Size
40
Median Age
24%
College-Educated
93%
High-School Grad
124.8 sq mi
ZIP Area
51
Density / Sq Mi
$76,504
Median Household Income
$41,949
Median Earnings
$835
Median Rent
$165,100
Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Commercial and residential space includes restaurant equipment and upper-level apartment areas.
Where is this mixed-use property located?
The property is located at 101 W Sale Street Tuscola, IL.
What is the asking price?
The asking price for this property is $400,000.
What are key features of this property?
This property features: 2,850 Sq Ft of commercial space on the main level; 2,850 Sq Ft of residential space above; Includes Flesor's Candy Kitchen and restaurant equipment
More about this property
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