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Office Building with Parking
For Sale
$115,000

130 5th Street, Lacon, IL 61540

The building includes multiple office spaces and parking availability.

Property Size1,933 SF
Price / SF$60.53
Days on Market226

Property Features for 130 5th Street

General Information

Standard status Active
Size 1,933 SF
Total Parking Spaces 10
Property subtype Commercial
Zoning B1

Additional Details

Road Access Yes

Taxes and HOA fees

Annual Taxes $1,494

Building Details

Building Size 1,933 SF
Year Built 1900
Buildings 1
Listing Agency: Jim Maloof Realty, Inc.
Listed By: Scarlett Palm · License #471.010509
Source: Shawneehillsrealestate
Added: Jan 7 Changed: Aug 20 Last Checked: Aug 20 at 4:00AM

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 Maloof Realty, Inc.

Investment Insights

Based on property information with market context.

This office building contains multiple office spaces and is accompanied by available parking. It is located at 130 5th Street in downtown Lacon, positioned at the foot of a bridge along the city’s main thoroughfare.

The property carries B1 zoning and was built in 1900. Its placement provides exposure to local traffic and regional commuters approaching from the bridge.

Key Highlights

  • Multiple office spaces within the building
  • Parking availability on the property
  • Located at the foot of a bridge in downtown Lacon

Property Analytics

Current Use

Office buildings

Suggested Use

Top Pick Real Estate Agency Building Supply Pharmacy Auto Parts Store Nail Salon Hair Salon

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

Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

190
Businesses Nearby

Demographics for 61540, IL

2,741
Population
1,298
Households
2.1
Avg Household Size
46
Median Age
19%
College-Educated
94%
High-School Grad
52.7 sq mi
ZIP Area
52
Density / Sq Mi
$74,519
Median Household Income
$40,735
Median Earnings
$803
Median Rent
$154,300
Median Home Value

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Office building - The building includes multiple office spaces and parking availability.
Where is this office building located?
The property is located at 130 5th Street Lacon, IL.
What is the asking price?
The asking price for this property is $115,000.
What are key features of this property?
This property features: Multiple office spaces within the building; Parking availability on the property; Located at the foot of a bridge in downtown Lacon
More about this property
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