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Downtown Mixed-Use Commercial Building

119 W Railroad St Lena, IL 61048

119 W Railroad St, Lena, IL, 61048
Contact for pricing
For Sale
Contact for pricing
Pending

Main floor includes retail, storage, restroom, and rear dock access to climate-controlled space with an overhead garage door.

Days on Market103

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
Source Crexi
Added: Apr 11 Updated: Jul 21 at 5:19PM Checked: Jul 21 at 5:19PM

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.

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

Location Intelligence

Current Use by Public Records

Office Units

Suggested Use

Law Firm Real Estate Agency Dental Office Building Supply Big Box & Wholesale Store Grocery & Convenience Store (Bike/Boat/Book/etc) Store Furniture & Home Goods Bakery (Bike/Boat/Book/etc) Store

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

FAQs

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
Contact an agent
(815) 275-3612 Call to check price and availability
More about this property
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