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Property profile & analytics

302 5th St Sterling, IL 61081-3755

  • Commercial real estate
  • 0.15 lot acres
OFF-MARKET
Value Estimation
$110,000
Last Sale
Feb 22, 2021
$83,250
Location Intelligence
Property ID
US28-3135592
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Margaret Myers / Social Worker
  • Kayla S. Fuegen-Sellers, MS / Counselor

Property Details for 302 5th St

Lot size
0.15 lot acres
Property type
Commercial real estate
APN
1121435006
APU
1121435006

Description

This exceptional 2,430 square foot mixed-use building at 302 E 5th Street in Sterling, Illinois presents a unique investment opportunity. The property boasts classic brick construction, beautifully preserved hardwood floors, and an impressive open staircase leading to a grand entryway, all testaments to its quality craftsmanship. Recent updates include a complete electrical system upgrade, the installation of new windows throughout, and a fully reconstructed back porch. New light fixtures enhance the property's character. Beyond the main 2,430 square feet, a full basement offers significant additional space, perfect for expansion or storage. The versatility of this building is evident in its past uses, having successfully served as a residential home, a salon, and most recently, as office space. Its prime downtown location offers excellent visibility and accessibility, making it ideal for a variety of commercial ventures or a unique live-work arrangement. The combination of historical charm, modern updates, and ample space makes this property a truly rare find in the heart of Sterling. This is an exceptional opportunity to acquire a well-maintained, versatile building with significant potential for future growth and profitability. The property is offered at $144,900. Don't miss this chance to own a piece of Sterling's history.

Value Estimation

Powered by Realmo proprietary methodology Last update: July 3, 2025
  • CAP approach

  • Comparable approach

  • Alternative Use

Location Insight

  • Map
  • Local Demand
City
Sterling
County
Whiteside
State
Illinois
Longitude
-89.6924
Latitude
41.7912
CBSA code
44580
CBSA name
STERLING, IL MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$4,223
$2,356
$37,928
$40,284
-
$7,068
$113,784
$120,852
More about this property
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