Mixed-Use Building with Three-Bedroom
For Sale
$37,000
106 & 106 1/2 N 7TH Street, Wyoming, IL 61491
Commercial Sale, Wyoming, IL
Property SizeContact for details
Lot Size0.07 Acres
Days on Market100
Property Features for 106 & 106 1/2 N 7TH Street
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
C1
Directions
1 block north of the four way stop
Standard status
Active
APN
04-35-409-011
Lot size
0.07 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
William F. Thomas Addition ~29 1/2 Part Lots 5 & 6 ~Block 1 110 X 29.5 ~City Of Wyoming ~
Tax Annual Amount
1859
Legal Description
William F. Thomas Addition ~29 1/2 Part Lots 5 & 6 ~Block 1 110 X 29.5 ~City Of Wyoming ~
Utilities
Sewer type
Public Sewer
Heating system
Natural Gas, Forced Air
Cooling system
Wall/Window Unit(s), Window Unit(s), Central Air
Building Details
Year built
1898
Floors in Building
2
Flooring type
Wood, Tile
Building materials
Brick, Frame
Roof type
Flat, Membrane
Listing Agency:
Jim Maloof Realty, Inc.
(309) 692-3900
Listed By:
Amber Neal · License #475178998
(309) 696-9310
Added: May 13
Changed: Aug 19
Last Checked: Aug 20 at 6:06PM
MLS# PA1266488
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.
Investment Insights
Based on property information with market context.
This mixed-use brick-and-frame building was built in 1898 and is set up with flexible on-site space. The main floor offers two retail or office options that can be combined, while the rear area is a former photography studio featuring floor-to-ceiling windows and exposed brick. The upper level includes a three-bedroom apartment with hardwood floors, one bath, and a sleeping porch. Interior flooring includes wood and tile, with forced-air heating on natural gas and multiple cooling options including central air, wall/window units, and window units. The roof is flat with a membrane system, and the property is served by public sewer.
Electrical upgrades have been started, with additional work still needed. The property is located in a TIF district intended to assist with renovations.
Overall, the layout supports a combined owner/user or investment approach, with multiple areas that can function as retail, office, or studio space while the apartment helps offset overhead through either long-term or short-term rental use.
Electrical upgrades have been started, with additional work still needed. The property is located in a TIF district intended to assist with renovations.
Overall, the layout supports a combined owner/user or investment approach, with multiple areas that can function as retail, office, or studio space while the apartment helps offset overhead through either long-term or short-term rental use.
Key Highlights
- 0.07‑acre mixed‑use property built in 1898 with brick and frame construction
- Main floor provides two retail or office options that can be combined
- Rear former photography studio with floor‑to‑ceiling windows and exposed brick
Property Analytics
Property Profile
Current Use
Lease Details
2
Office units
Location Intelligence
Trade Area within ½ mile
158
Businesses Nearby
Explore this area
Business Placement
Demographics for 61491, IL
2,015
Population
1,061
Households
1.9
Avg Household Size
46
Median Age
22%
College-Educated
93%
High-School Grad
96.0 sq mi
ZIP Area
21
Density / Sq Mi
$61,406
Median Household Income
$44,041
Median Earnings
$693
Median Rent
$119,300
Median Home Value
Market
Vacancy Rate% for Office in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - C1-zoned mixed-use building with an upper three-bedroom apartment, hardwood floors, and a separate rear photography-studio space.
Where is this mixed-use property located?
The property is located at 106 & 106 1/2 N 7TH Street Wyoming, IL.
What is the asking price?
The asking price for this property is $37,000.
What are key features of this property?
This property features: 0.07‑acre mixed‑use property built in 1898 with brick and frame construction; Main floor provides two retail or office options that can be combined; Rear former photography studio with floor‑to‑ceiling windows and exposed brick
