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Two-Unit Mixed-Use Building
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113 LAFAYETTE Street, Anna, IL 62906

Two-unit property with a ground-floor commercial/retail unit and an upstairs 2-bedroom apartment used for short-term rentals.

Property SizeContact for details
Days on Market123

Property Features for 113 LAFAYETTE Street

General Information

Standard status Active
Property subtype Office, Retail
Listing Agency: SHAWNEE HILLS REAL ESTATE, LLC
Listed By: JAIME WATKINS
Source: Crexi
Added: Apr 13 Changed: Aug 8 Last Checked: Jul 23 at 1:39PM

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 SHAWNEE HILLS REAL ESTATE, LLC

Investment Insights

Based on property information with market context.

This two-unit building features a ground-floor commercial/retail rental space and an upstairs apartment. The apartment is a 2-bedroom, 1-bath layout and is currently operated as short-term rentals, as well as month-to-month mid-term rentals for traveling nurses and professionals. Furnishings are included with the apartment, allowing an operator to begin with existing in-place items.

The property is located in downtown Anna at 113 Lafayette Street, IL, next to the City of Anna’s new Davie Street Project. The retail unit offers flexibility to continue as a rental for additional monthly income or to occupy it for a personal business use. Depending on how the apartment is utilized, the reported monthly income ranges from $1,600 to $2,000.

Key Highlights

  • Two‑unit building in downtown Anna with a ground‑floor commercial/retail rental and an upstairs 2‑bedroom, 1‑bath apartment
  • Upstairs unit is used for short‑term rentals (Airbnb) and month‑to‑month mid‑term rentals
  • Mid‑term tenant use includes traveling nurses and professionals for surrounding healthcare organizations

Property Analytics

Current Use

Short term rental ...

Suggested Use

Top Pick Dental Office Electrical Service (Bike/Boat/Book/etc) Store Garden Center Furniture & Home Goods HVAC Service

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

411
Businesses Nearby

Demographics for 62906, IL

7,464
Population
3,333
Households
2.2
Avg Household Size
45
Median Age
18%
College-Educated
87%
High-School Grad
60.4 sq mi
ZIP Area
124
Density / Sq Mi
$46,615
Median Household Income
$37,110
Median Earnings
$654
Median Rent
$138,200
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?
Short term rental property - Two-unit property with a ground-floor commercial/retail unit and an upstairs 2-bedroom apartment used for short-term rentals.
Where is this short term rental property located?
The property is located at 113 LAFAYETTE Street Anna, IL.
What are key features of this property?
This property features: Two‑unit building in downtown Anna with a ground‑floor commercial/retail rental and an upstairs 2‑bedroom, 1‑bath apartment; Upstairs unit is used for short‑term rentals (Airbnb) and month‑to‑month mid‑term rentals; Mid‑term tenant use includes traveling nurses and professionals for surrounding healthcare organizations
More about this property
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