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Specialty Building on Corner

107 N Prairie Street Lacon, IL 61540

New
107 N Prairie Street, Lacon, IL, 61540
$150,000
For Sale
Claim this Listing
$150,000

COMMERCIAL - Lacon, IL

Property Size8,000 SF
Price / SF$18.75
AddedJul 14
Days on Market3
Last RefreshJul 16 at 1:06 pm

Property Features for 107 N Prairie Street

General Information

Property type
Commercial Sale
Property subtype
Other
Zoning
commercial
Standard status
Active
APN
14-25-356-001

Utilities

Sewer type
Public Sewer
Heating system
Natural Gas

Building Details

Floors in Building
1
Flooring type
Tile, Carpet, Concrete
Building materials
Brick, Stone
Roof type
Asphalt

Listing agent Chuck Cook License #475182044

Listing office Jim Maloof Realty, Inc. 100 N Main St, Peoria, IL

Listing date Jul 14, 2026

MLS# PA1268326

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 for-sale specialty property includes an approximately 8,000+ square foot building on a high-traffic intersection in Lacon. The boiler system is not working, and there is some water damage in the basement resulting from a water line break. The building also has some asbestos. The property is being sold as-is.

The building is located at 107 N Prairie Street in Lacon, IL, and the seller reserves certain items in the front lawn, including a bell, as well as sound equipment and an oven in the kitchen.

Because the boiler is not operational and there is documented basement water damage, prospective buyers should plan for repair and due diligence as part of their intended conversion or use.

Key Highlights

  • Approximately 8,000+ SF building at a high‑traffic intersection in Lacon, with potential for conversion to many uses
  • Construction materials include brick and stone; roof is asphalt
  • Heating uses natural gas; public sewer available

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Lacon-Sparland United Methodist ... Church

Suggested Use

Real Estate Agency Plumbing Service Pharmacy Nail Salon Bakery (Bike/Boat/Book/etc) Store Furniture & Home Goods Garden Center Kitchen & Bath Showroom (Bike/Boat/Book/etc) Store

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

FAQs

What type of property is this?
Specialty property - Large specialty building on a high-traffic intersection, sold as-is with boiler not working and basement water damage.
Where is this specialty property located?
The property is located at 107 N Prairie Street Lacon, IL.
What is the asking price?
The asking price for this property is $150,000.
What are key features of this property?
This property features: Approximately 8,000+ SF building at a high‑traffic intersection in Lacon, with potential for conversion to many uses; Construction materials include brick and stone; roof is asphalt; Heating uses natural gas; public sewer available
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