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Downtown Corner Mixed-Use Property
For Sale
Contact for pricing
Pending

107 N Oak St, Glasford, IL 61533

Corner-lot mixed-use building with a main-level hardware store and two rented 2-bedroom apartments.

Property SizeContact for details
Days on Market147

Property Features for 107 N Oak St

General Information

Standard status Pending
Property subtype Multifamily, Mixed Use

Additional Details

Multifamily Units 2
Listing Agency: Cramer Real Estate
Listed By: Kibbie Christenberry · License #IA
Source: Crexi
Added: Apr 12 Changed: Aug 13 Last Checked: Sep 3 at 12:19AM

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 Cramer Real Estate

Investment Insights

Based on property information with market context.

This mixed-use, downtown corner-lot property includes a main-level hardware store and two upper-level apartments. Each apartment offers two bedrooms and one bathroom, and both are currently rented on month-to-month leases.

The information provided notes that square footage is estimated and not guaranteed to be correct. The property is described as being located on a downtown site.

As presented for sale, the building is configured with retail space below and residential units above, supporting an owner-operator or investment approach where the apartments provide ongoing rental income under month-to-month tenancies.

Key Highlights

  • Corner‑lot mixed‑use building with a main‑level hardware store
  • Two upper‑level 2‑bedroom, 1‑bath apartments
  • Both apartments are rented for $500/month each on month‑to‑month leases

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Auto Repair Shop HVAC Service Garden Center (Bike/Boat/Book/etc) Store Nail Salon Storage Facility

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

2
Residential units

Location Intelligence

Trade Area within ½ mile

68
Businesses Nearby

Demographics for 61533, IL

2,198
Population
985
Households
2.2
Avg Household Size
45
Median Age
18%
College-Educated
95%
High-School Grad
40.6 sq mi
ZIP Area
54
Density / Sq Mi
$72,350
Median Household Income
$42,740
Median Earnings
$769
Median Rent
$151,900
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Corner-lot mixed-use building with a main-level hardware store and two rented 2-bedroom apartments.
Where is this mixed-use property located?
The property is located at 107 N Oak St Glasford, IL.
What are key features of this property?
This property features: Corner‑lot mixed‑use building with a main‑level hardware store; Two upper‑level 2‑bedroom, 1‑bath apartments; Both apartments are rented for $500/month each on month‑to‑month leases
More about this property
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