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Three-Story Mixed-Use Building
For Sale
$35,000

1057-1059 1st Street, La Salle, IL 61301

The gutted interior offers space for storefronts, a ballroom, and potential office or residential areas.

Property Size15,000 SF
Price / SF$2.33
Days on Market18

Property Features for 1057-1059 1st Street

General Information

Standard status Active
Size 15,000 SF
Property subtype Commercial
Zoning COMMR

Property Condition

Severity Major Repairs Needed
Evidence gutted

Taxes and HOA fees

Annual Taxes $2,415

Building Details

Building Size 15,000 SF
Year Built 1910
Buildings 1
Stories 3
Listing Agency: Malooley Dahm Realty
Listed By: Kathryn Erjavsek
Source: Fishmangroup
Added: Oct 10 Changed: Oct 25 Last Checked: Oct 26 at 3:37AM

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 Malooley Dahm Realty

Rey
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Investment Insights

Based on property information with market context.

This three-story mixed-use building at 1057-1059 1st Street in La Salle dates to 1910 and contains approximately 15,000 square feet. Its interior has been gutted. The first floor can accommodate three large retail or restaurant storefronts, while the second floor includes a stage and ballroom. A partial third floor offers additional space for office or residential use. A large basement has exterior entrances, and off-street parking is available.

The property is in the historic district of downtown La Salle and is zoned COMMR. One electric meter is connected for construction. The City of La Salle offers a facade grant program for buildings of this kind.

Key Highlights

  • Approximately 15,000 square feet across three stories
  • 1910 construction
  • First floor can accommodate three retail or restaurant storefronts

Property Analytics

Current Use

Storefront properties

Suggested Use

Top Pick Real Estate Agency HVAC Service Plumbing Service (Bike/Boat/Book/etc) Store Furniture & Home Goods Garden Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

495
Businesses Nearby
31k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 94% Dining 6%
Casey's General Store Shops & Services
18,158 visits/mo 0.3 miles
Dollar General Shops & Services
5,744 visits/mo 0.5 miles
Shell Shops & Services
5,411 visits/mo 0.3 miles
Eureka! Dining
1,988 visits/mo 0.3 miles

Demographics for 61301, IL

10,375
Population
4,832
Households
2.1
Avg Household Size
40
Median Age
15%
College-Educated
87%
High-School Grad
42.3 sq mi
ZIP Area
245
Density / Sq Mi
$59,260
Median Household Income
$35,542
Median Earnings
$1,010
Median Rent
$117,800
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

Frequently Asked Questions

What type of property is this?
Mixed-use property - The gutted interior offers space for storefronts, a ballroom, and potential office or residential areas.
Where is this mixed-use property located?
The property is located at 1057-1059 1st Street La Salle, IL.
What is the asking price?
The asking price for this property is $35,000.
What are key features of this property?
This property features: Approximately 15,000 square feet across three stories; 1910 construction; First floor can accommodate three retail or restaurant storefronts
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