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    130 5Th St Lacon, IL 61540

    Sponsored
    For Sale
    $115,000

    COMMERCIAL - Lacon, IL

    Days on Market:
    2
    Last Refresh:
    Jan 8 at 8:06 am

    Property Features for 130 5Th St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    B1
    APN
    04-26-482-003
    Parking
    10

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Natural Gas, Forced Air
    Cooling system
    Central Air

    Building Details

    Year built
    1900
    Floors in Building
    1
    Flooring type
    Concrete, Carpet
    Building materials
    Brick, Vinyl Siding, Frame
    Roof type
    Asphalt

    Jim Maloof Realtor (309) 692-3900 [email protected]

    Listing agent Scarlett R Palm

    Listing date Jan 7, 2026

    Copyright © 2026 RMLS Alliance. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Downtown Lacon Commercial Building For Sale

    Located in the heart of downtown Lacon, this highly visible commercial building sits directly at the foot of the bridge, positioned for maximum exposure to both local traffic and regional commuters. With prominent frontage on the city's main thoroughfare and exceptional sightlines from the bridge approach, this property offers a rare combination of accessibility, visibility, and professional appeal. The building boasts multi-office space and great parking space availability. The property is zoned B1 and located in Marshall County, Illinois.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Lacon
    County
    Marshall
    State
    Illinois
    Longitude
    -89.412611
    Latitude
    41.024758

    Nearby Similar for Sale

    • $165,000
      1,900 SF

      Prime Lacon Commercial Property

      Spacious, two-unit commercial building in Lacon, IL.
      130 5Th St, Lacon, IL 61540
      View Details
    • $59,000
      2,267 SF

      Historic Downtown Lacon Commercial

      Prime location, unique features, high-quality finishes.
      221 5Th St, Lacon, IL 61540
      View Details

    FAQs

    What type of property is this?
    Retail space - Highly visible commercial building in the heart of downtown Lacon.
    Where is this retail space located?
    The property is located at 130 5Th St Lacon, IL.
    What is the asking price?
    The asking price for this property is $115,000.
    What are key features of this property?
    This property features: - Highly visible commercial building in the heart of downtown Lacon.; - Positioned at the foot of the bridge for maximum exposure to local and regional traffic.; - Prominent frontage on the city's main thoroughfare.
    (309) 361-2095
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    130 5Th St Lacon, IL 61540
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