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Two-Story Mixed-Use Building
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For Sale
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119 N Coal Street, Colchester, IL 62326

Commercial Sale, Colchester, IL

Property SizeContact for details
Lot Size0.03 Acres
Days on Market3

Property Features for 119 N Coal Street

General Information

Property type Commercial Sale
Property subtype Other
Directions Take US-136 into downtown Colchester, then head north on Coal St to 119 N Coal St.
Subdivision Colchester
Standard status Active
APN 05000470000000
Lot size 0.03 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 720

Building Details

Year built 1900
Floors in Building 2
Number of units 2
Listing Agency: eXp Realty - Chicago North Ave
Listed By: Ryan Widerberg · License #475121545
Added: Oct 8 Changed: Oct 9 Last Checked: Oct 10 at 12:06AM
MLS# 12781266

Copyright © 2026 Midwest Real Estate Data, LLC. 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 two-story mixed-use property has a former restaurant space on the ground floor and a studio residence upstairs. The studio has its own exterior entrance. The building dates to 1900 and occupies a corner parcel in downtown Colchester.

US-136 provides access toward Macomb and Western Illinois University. Interior access is not available for showings or inspections, and buyers must independently verify property details. The sale is cash only and the property is offered as-is.

Key Highlights

  • Two‑story building constructed in 1900
  • Former restaurant space on the ground level
  • Upstairs studio has a separate exterior entrance

Property Analytics

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Current Use

Live-work space

Suggested Use

Top Pick HVAC Service Big Box & Wholesale Store Auto Parts Store Storage Facility (Bike/Boat/Book/etc) Store Restaurant

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

104
Businesses Nearby

Demographics for 62326, IL

2,255
Population
1,072
Households
2.1
Avg Household Size
46
Median Age
30%
College-Educated
95%
High-School Grad
77.3 sq mi
ZIP Area
29
Density / Sq Mi
$65,048
Median Household Income
$40,532
Median Earnings
$654
Median Rent
$116,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - The upper level contains a studio with a separate exterior entrance, above a former restaurant space.
Where is this mixed-use property located?
The property is located at 119 N Coal Street Colchester, IL.
What are key features of this property?
This property features: Two‑story building constructed in 1900; Former restaurant space on the ground level; Upstairs studio has a separate exterior entrance
More about this property
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