Building Details

Year Built 1908

Buildings 1

Stories 2

Tenancy Single

Listing Agency: MCR Realty Professionals, Inc

Listed By: Brandi Lentz · License #471003219 Show Phone

Source: Nations-network

Added: Sep 13 Last Checked: Sep 13 at 2:56PM

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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 MCR Realty Professionals, Inc

Investment Insights

Based on property information with market context.

This two-level commercial property contains an operating grocery business with an established butcher component. The approximately 2,500-square-foot main level includes grocery shelving and fixtures, a meat preparation area, two walk-in coolers, a refrigerated meat case, and an operational checkout counter. Original tile ceilings, wood floors, and 12-foot ceilings retain the building’s historic character. The sale includes the business, equipment, fixtures, and remaining inventory, excluding one butcher block.

Built in 1908, the property has approximately 47 feet of frontage along Illinois Route 16 in downtown Irving. It is next to Grandma's Kitchen and the Irving Post Office and across from Bank & Trust. An additional approximately 2,500 square feet is located on the second story. That space could be renovated for apartments, studio space, offices, or another complementary use, but a new interior or exterior staircase would be required because the former exterior stairway was removed.

Key Highlights

• Built in 1908 with approximately 47 feet of frontage on Illinois Route 16
• Approximately 2,500 square feet on the main level plus approximately 2,500 square feet upstairs
• 12‑foot ceilings, original tile ceilings, and wood floors

Property Analytics

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Current Use

Grocery and convenience stores

Suggested Use

Top Pick Storage Facility Bakery Garden Center Grocery & Convenience Store Bed & Breakfast Food Market

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

Single-tenant

Tenancy

Turnkey business

Opportunity

Yes

Highway access

Yes

Paved road access

Location Intelligence

Trade Area within ½ mile

40

Businesses Nearby

Well-served

Demand for This Use

Explore this area Business Placement

Demographics for 62051, IL

848

Population

310

Households

2.7

Avg Household Size

48

Median Age

18%

College-Educated

91%

High-School Grad

39.3 sq mi

ZIP Area

22

Density / Sq Mi

$51,875

Median Household Income

$31,324

Median Earnings

$478

Median Rent

$99,600

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

Questions? Ask Rey

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Frequently Asked Questions

What type of property is this?

Grocery and convenience store - Operating grocery business with butcher facilities, coolers, retail fixtures, and included equipment and inventory.

Where is this grocery and convenience store located?

The property is located at 117 E State St Irving, IL.

What is the asking price?

The asking price for this property is $59,900.

What are key features of this property?

This property features: Built in 1908 with approximately 47 feet of frontage on Illinois Route 16; Approximately 2,500 square feet on the main level plus approximately 2,500 square feet upstairs; 12‑foot ceilings, original tile ceilings, and wood floors