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    508 E 3Rd St Sterling, IL 61081

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    For Sale
    $139,900

    Newly renovated 1,250+ sq ft commercial storefront for sale.

    Property size:
    1,251 SF
    Lot size:
    0.15 Acres

    Property Features for 508 E 3Rd St

    General Information

    Size
    1,251 SF
    Lot size
    0.15 Acres

    Source: RE/MAX OF ROCK VALLEY Agent Rebecca Hazzard

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Renovated Storefront Near Downtown

    This newly renovated commercial storefront property, with over 1,250 square feet of space, is located near downtown. The property is suitable for immediate operation by a new owner or for lease as an investment property. It features a high traffic count and storefront parking on a newly resurfaced parking lot. The exterior has been updated with new paint and steel roofing, and the interior has been refreshed. The open concept layout and half bath offer various possibilities for use.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Burke Cleaners Dry Cleaner Mr Nifty Cleaners Dry Cleaner

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Sterling
    County
    Whiteside
    State
    Illinois
    Longitude
    -89.6886048
    Latitude
    41.7901307

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    FAQs

    What type of property is this?
    Storefront property - Newly renovated 1,250+ sq ft commercial storefront for sale.
    Where is this storefront property located?
    The property is located at 508 E 3Rd St Sterling, IL.
    What is the asking price?
    The asking price for this property is $139,900.
    What are key features of this property?
    This property features: - Newly renovated commercial storefront, ready for immediate operation or lease.; - High traffic count location near downtown.; - Newly resurfaced parking lot with storefront parking.
    (815) 509-8432
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    508 E 3Rd St Sterling, IL 61081
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    508 E 3Rd St Sterling, IL 61081
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