Historic Mixed-Use Property For
For Sale
Contact for pricing
106 & 106 1/2 N 7TH Street, Wyoming, IL 61491
Mixed-use property with retail, office, and residential possibilities.
Property SizeContact for details
Days on Market88
Property Features for 106 & 106 1/2 N 7TH Street
General Information
Standard status
Active
Property subtype
Office, Retail
Zoning
C1
Building Details
Year Built
1898
Buildings
1
Listing Agency:
Jim Maloof/Realtor Peoria
(309) 696-9310
Listed By:
Amber Neal · License #475178998
Source:
Crexi
Added: May 13
Changed: Aug 8
Last Checked: Jul 15 at 11:50AM
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 Jim Maloof/Realtor Peoria
Investment Insights
Based on property information with market context.
This mixed-use property presents a historic building with potential for various uses. The main floor offers two retail or office spaces that can be combined. The rear area features a former photography studio with floor-to-ceiling windows and exposed brick. The upper level includes a three-bedroom apartment with hardwood floors and a sleeping porch. The property is suitable for either long-term or short-term rentals to offset overhead costs for a new investor. Electrical upgrades have been initiated, and while further work is required, the property offers significant potential with some investment. Located in a TIF district, the property is eligible for renovation assistance.
Key Highlights
- Mixed‑use property with two potential retail/office spaces and a three‑bedroom apartment upstairs.
- Located in a TIF district, offering potential financial assistance for renovations.
- Opportunity for rental income (LTR or STR) to offset ownership costs.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
156
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 - Mixed-use property with retail, office, and residential possibilities.
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: Mixed‑use property with two potential retail/office spaces and a three‑bedroom apartment upstairs.; Located in a TIF district, offering potential financial assistance for renovations.; Opportunity for rental income (LTR or STR) to offset ownership costs.
