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Mixed-Use Property with Bar
For Sale
$164,900

945 1st Street, La Salle, IL 61301

Mixed-use building with an operating bar, leased apartment, and separate outdoor parcel.

Property Size2,800 SF
Days on Market720

Property Features for 945 1st Street

General Information

Standard status Active
Size 2,800 SF
Property subtype Commercial
Zoning COMMR

Units

Unit Mix 1 x 2BR/1BA
Multifamily Units 1

Taxes and HOA fees

Annual Taxes $1,522

Building Details

Building Size 2,800 SF
Stories 2
Units 2
Listing Agency: Coldwell Banker Real Estate Group
Listed By: George Shanley · License #475092481
Source: Cavanaghrealty
Added: Aug 21, 2024 Changed: Aug 7 Last Checked: Aug 9 at 1:03PM

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 Coldwell Banker Real Estate Group

Investment Insights

Based on property information with market context.

This mixed-use property combines an operating bar, entertainment space, and residential income component. The main-level bar occupies a 17-by-40-foot area and includes stainless steel countertops, while an adjoining 15-by-18-foot game room provides additional interior space. A former kitchen area remains available for restoration. The upper level contains a two-bedroom, one-bath apartment with living, dining, and kitchen areas; the apartment is currently leased.

The property is located at 945 1st Street in LaSalle and includes zoning designated COMMR. A separate parcel with its own PIN is included, adding outdoor space that can support uses such as a beer garden, patio, live entertainment, or food truck events, subject to applicable approvals. Three gaming machines are currently in operation, with the potential to expand to six.

Key Highlights

  • 17‑by‑40‑foot main‑level bar area with stainless steel countertops
  • Adjoining 15‑by‑18‑foot game room
  • Two‑bedroom, one‑bath apartment currently leased

Property Analytics

Current Use

Doc's Pub Bar & Pub

Suggested Use

Top Pick Real Estate Agency HVAC Service Plumbing Service (Bike/Boat/Book/etc) Store Furniture & Home Goods Locksmith

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

1
Residential units

Location Intelligence

Trade Area within ½ mile

550
Businesses Nearby
40k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 95% Dining 5%
Casey's General Store Shops & Services
18,158 visits/mo 0.4 miles
BP Shops & Services
8,841 visits/mo 0.4 miles
Dollar General Shops & Services
5,744 visits/mo 0.3 miles
Shell Shops & Services
5,411 visits/mo 0.1 miles
Eureka! Dining
1,988 visits/mo 0.2 miles

Demographics for 61301, IL

10,375
Population
4,832
Households
2.1
Avg Household Size
40
Median Age
15%
College-Educated
87%
High-School Grad
42.3 sq mi
ZIP Area
245
Density / Sq Mi
$59,260
Median Household Income
$35,542
Median Earnings
$1,010
Median Rent
$117,800
Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Mixed-use building with an operating bar, leased apartment, and separate outdoor parcel.
Where is this mixed-use property located?
The property is located at 945 1st Street La Salle, IL.
What is the asking price?
The asking price for this property is $164,900.
What are key features of this property?
This property features: 17‑by‑40‑foot main‑level bar area with stainless steel countertops; Adjoining 15‑by‑18‑foot game room; Two‑bedroom, one‑bath apartment currently leased
More about this property
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