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Mixed-Use Retail and Apartment
For Sale
Contact for pricing
Pending

412 3rd St, Sterling, IL 61081

Property offers two storefronts with four apartment units above a large attached four-car garage.

Property SizeContact for details
Days on Market147

Property Features for 412 3rd St

General Information

Standard status Pending
Total Parking Spaces 4
Property subtype Special Purpose

Additional Details

Highway Access Yes
Multifamily Units 4
Listing Agency: CENTURY 21 Universal Real Estate
Listed By: Ron Alvarez · License #IL
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Sep 1 at 9:18PM

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 CENTURY 21 Universal Real Estate

Investment Insights

Based on property information with market context.

This mixed-use property includes two commercial storefront spaces with four apartment units located above. A very large attached four-car garage provides additional enclosed parking/storage capacity on site.

The building is positioned on busy Lincoln Highway, supporting visibility and convenient access for retail and residential occupants.

As a combined retail-and-residential setup with an attached garage, the property offers an integrated layout with separate storefront frontage and upstairs living space.

Key Highlights

  • Mixed‑use property with 2 commercial storefronts
  • 4 apartment units located above the commercial space
  • Large attached 4‑car garage

Property Analytics

Current Use

Storefront properties

Suggested Use

Top Pick Real Estate Agency Dental Office Pharmacy Auto Parts Store HVAC Service Parking Lot & Garage

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

4
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

650
Businesses Nearby
Under-served
Demand for This Use

Demographics for 61081, IL

21,064
Population
9,753
Households
2.2
Avg Household Size
43
Median Age
20%
College-Educated
91%
High-School Grad
124.4 sq mi
ZIP Area
169
Density / Sq Mi
$60,854
Median Household Income
$40,497
Median Earnings
$791
Median Rent
$121,000
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

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

What type of property is this?
Storefront property - Property offers two storefronts with four apartment units above a large attached four-car garage.
Where is this storefront property located?
The property is located at 412 3rd St Sterling, IL.
What are key features of this property?
This property features: Mixed‑use property with 2 commercial storefronts; 4 apartment units located above the commercial space; Large attached 4‑car garage
More about this property
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