Downtown Mixed-Use Commercial
For Sale
Contact for pricing
Pending
119 W Railroad St, Lena, IL 61048
Main floor includes retail, storage, restroom, and rear dock access to climate-controlled space with an overhead garage door.
Property SizeContact for details
Days on Market148
Property Features for 119 W Railroad St
General Information
Standard status
Pending
Property subtype
Office, Mixed Use
Listing Agency:
Jim Sullivan Realty
Listed By:
Brandon Beyer · License #IL 475.187823
(815) 275-3612
Source:
Crexi
Added: Apr 11
Changed: Aug 24
Last Checked: Aug 30 at 5:10PM
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 Sullivan Realty
Investment Insights
Based on property information with market context.
This downtown commercial building offers approximately 3,000 square feet on the main floor, with retail space at the front and a large storage area at the rear. Shipments and deliveries can move directly from the back via a loading dock and an 8-by-8 overhead garage door that opens into the climate-controlled storage space. The main floor also includes a restroom and a large open area that could support private offices and/or meeting use.
A separate outside entrance provides access to the upstairs level, which includes two furnished bedrooms along with kitchen appliances and laundry. The property is described as having a strong rental history with four different rental income sources totaling $15,000 annually, with a stated 6.5% cap rate.
The building is located downtown Lena, Illinois, with proximity to Illinois Route 73 and US Route 20 referenced in the marketing materials. Showings require a minimum of 24 hours’ notice.
A separate outside entrance provides access to the upstairs level, which includes two furnished bedrooms along with kitchen appliances and laundry. The property is described as having a strong rental history with four different rental income sources totaling $15,000 annually, with a stated 6.5% cap rate.
The building is located downtown Lena, Illinois, with proximity to Illinois Route 73 and US Route 20 referenced in the marketing materials. Showings require a minimum of 24 hours’ notice.
Key Highlights
- Downtown Lena, IL commercial property with $15,000 annual rental income from four different sources and a 6.5% CAP rate
- Main floor offers nearly 3,000 SF with front retail space and large rear storage space
- Back loading dock and 8' x 8' overhead garage door provide direct access into climate‑controlled storage
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
283
Businesses Nearby
Explore this area
Business Placement
Demographics for 61048, IL
4,081
Population
1,740
Households
2.3
Avg Household Size
46
Median Age
28%
College-Educated
93%
High-School Grad
81.8 sq mi
ZIP Area
50
Density / Sq Mi
$87,604
Median Household Income
$45,680
Median Earnings
$655
Median Rent
$170,800
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?
Office units - Main floor includes retail, storage, restroom, and rear dock access to climate-controlled space with an overhead garage door.
Where is this office units located?
The property is located at 119 W Railroad St Lena, IL.
What are key features of this property?
This property features: Downtown Lena, IL commercial property with $15,000 annual rental income from four different sources and a 6.5% CAP rate; Main floor offers nearly 3,000 SF with front retail space and large rear storage space; Back loading dock and 8' x 8' overhead garage door provide direct access into climate‑controlled storage
