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Mixed-Use Building with Storefront
For Sale
$165,000

104 S Franklin Street, Dwight, IL 60420

All-brick downtown property combines an updated commercial suite with two separately accessed residential apartments.

Property Size2,040 SF
Days on Market9

Property Features for 104 S Franklin Street

General Information

Standard status Active
Size 2,040 SF
Property subtype Commercial
Zoning COMMR

Additional Details

Utilities to Site Yes

Taxes and HOA fees

Annual Taxes $4,158

Amenities

open floor plan
office
1/2 bath
storage
security system

Building Details

Building Size 2,040 SF
Year Built 1900
Buildings 1
Stories 2
Units 3
Construction brick
Listing Agency: Sancken Sole Realty
Listed By: William Sole · License #471000241
Source: Cavanaghrealty
Added: Aug 12 Changed: Aug 17 Last Checked: Aug 19 at 3:22PM

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 Sancken Sole Realty

Investment Insights

Based on property information with market context.

Constructed in 1900, this all-brick mixed-use building includes an approximately 2,020-square-foot commercial suite on the main level and two upstairs two-bedroom apartments. The commercial area has an open layout, office, half bath, and storage. Each apartment includes two bedrooms, one bath, a living room, kitchen, and remaining appliances. A separate side entrance serves the residential units, while a common second-floor area provides access to the mechanical systems and attic and roof areas.

The property is located at 104 S Franklin Street in downtown Dwight and is zoned COMMR. Utilities are separately metered for each unit. Building systems include forced-air gas heat and central air throughout. Improvements include a torch-down roof with silver coating, a new roof hatch and access door, newer furnaces and AC units, one newer water heater, apartment flooring, updated plumbing fixtures and lighting, breaker boxes, a security system, and newer windows along Franklin Street.

Key Highlights

  • Approximately 2,020 SF main‑level commercial space with open layout, office, half bath, and storage
  • Two upstairs 2‑bedroom, 1‑bath apartments with living rooms, kitchens, and appliances remaining
  • All‑brick mixed‑use building constructed in 1900

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Dental Office Law Firm Hair Salon Bakery Grocery & Convenience Store Real Estate Agency

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

Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

297
Businesses Nearby

Demographics for 60420, IL

4,701
Population
2,002
Households
2.3
Avg Household Size
44
Median Age
21%
College-Educated
93%
High-School Grad
96.7 sq mi
ZIP Area
49
Density / Sq Mi
$68,184
Median Household Income
$38,973
Median Earnings
$984
Median Rent
$161,800
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - All-brick downtown property combines an updated commercial suite with two separately accessed residential apartments.
Where is this mixed-use property located?
The property is located at 104 S Franklin Street Dwight, IL.
What is the asking price?
The asking price for this property is $165,000.
What are key features of this property?
This property features: Approximately 2,020 SF main‑level commercial space with open layout, office, half bath, and storage; Two upstairs 2‑bedroom, 1‑bath apartments with living rooms, kitchens, and appliances remaining; All‑brick mixed‑use building constructed in 1900
More about this property
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