Mixed-Use Property with Ice Cream
For Sale
$175,000
103 S center Street, Colfax, IL 61728
An operating shop with included equipment sits below an updated three-bedroom apartment.
Property Size1,785 SF
Price / SF$98.04
Days on Market46
Property Features for 103 S center Street
General Information
Standard status
Active
Size
1,785 SF
Property subtype
Commercial
Zoning
COMMR
Units
Unit Mix
1 x 3BR
Multifamily Units
1
Additional Details
Business Included
Yes
Equipment Included
Yes
Currently Operating
Yes
Taxes and HOA fees
Annual Taxes
$1,572
Building Details
Building Size
1,785 SF
Year Built
1894
Buildings
1
Stories
2
Units
1
Listing Agency:
Keller Williams Revolution
Listed By:
Ryan Leake · License #475168509
(309) 834-3400
Source:
Fishmangroup
Added: Sep 14
Changed: Oct 25
Last Checked: Oct 26 at 3:48AM
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 Keller Williams Revolution
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Investment Insights
Based on property information with market context.
This 1,785-square-foot mixed-use property at 103 S. Center Street in Colfax pairs an operating ice cream shop on the ground floor with an updated three-bedroom apartment upstairs. Appliances and shop equipment are included. The commercial space has a newer furnace, split-unit air conditioning, and automatic interior window shades. The apartment layout can accommodate two full bathrooms. The property was built in 1894 and is zoned COMMR.
Key Highlights
- Operating ice cream shop with appliances and equipment included
- Updated three‑bedroom apartment above the commercial space
- 1,785‑square‑foot mixed‑use property
Property Analytics
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Current Use
Lease Details
1
Residential units
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
93
Businesses Nearby
Explore this area
Business Placement
Demographics for 61728, IL
1,381
Population
531
Households
2.6
Avg Household Size
41
Median Age
29%
College-Educated
98%
High-School Grad
69.4 sq mi
ZIP Area
20
Density / Sq Mi
$93,654
Median Household Income
$52,350
Median Earnings
$799
Median Rent
$152,200
Median Home Value
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Market
Vacancy Rate% for Retail in Midwest region
Frequently Asked Questions
What type of property is this?
Mixed-use property - An operating shop with included equipment sits below an updated three-bedroom apartment.
Where is this mixed-use property located?
The property is located at 103 S center Street Colfax, IL.
What is the asking price?
The asking price for this property is $175,000.
What are key features of this property?
This property features: Operating ice cream shop with appliances and equipment included; Updated three‑bedroom apartment above the commercial space; 1,785‑square‑foot mixed‑use property
