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Mixed-Use Building with Six Apartments
For Sale
$349,900
Pending

801 805 1st St, La Salle, IL 61301

Second-floor residential units are framed, with electrical and plumbing rough-ins substantially completed.

Property Size12,835 SF
Days on Market551

Property Features for 801 805 1st St

General Information

Standard status Pending
Size 12,835 SF
Total Parking Spaces 9
Property subtype Commercial

Additional Details

Utilities to Site No
Multifamily Units 6

Building Details

Buildings 1
Stories 2
Listing Agency: Brummel Properties, Inc.
Listed By: John Dunholter · License #471000199
Source: Searchillinoishomesforsale
Added: Feb 27, 2025 Changed: Aug 31 Last Checked: Aug 31 at 8:31AM

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 Brummel Properties, Inc.

Investment Insights

Based on property information with market context.

The 12,835-square-foot building at 801 805 1st St in Lasalle is being repositioned for mixed-use occupancy, with six apartments planned on the second floor and retail space intended for the ground level. Residential improvements include completed framing, electrical and plumbing rough-ins, and largely installed HVAC ductwork.

The property has received structural reinforcement along with a new roof, exterior concrete, landscaping, hardscaping, gutters, and siding. TREX decking boards, steel doors, and electrical equipment have also been purchased for continued construction. Underground conduits are installed for future electrical and gas service, although those supplies still need to be brought to the building. The ground floor remains unfinished with a dirt surface, and the site provides space for nine parking spaces.

Key Highlights

  • 12,835‑square‑foot mixed‑use building at 801 805 1st St, Lasalle, IL 61301
  • Six planned second‑floor apartments with framing complete
  • Electrical and plumbing rough‑ins completed for the apartments

Property Analytics

Current Use

Retail space

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

6
Residential units

Location Intelligence

Trade Area within ½ mile

550
Businesses Nearby

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 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?
Mixed-use property - Second-floor residential units are framed, with electrical and plumbing rough-ins substantially completed.
Where is this mixed-use property located?
The property is located at 801 805 1st St La Salle, IL.
What is the asking price?
The asking price for this property is $349,900.
What are key features of this property?
This property features: 12,835‑square‑foot mixed‑use building at 801 805 1st St, Lasalle, IL 61301; Six planned second‑floor apartments with framing complete; Electrical and plumbing rough‑ins completed for the apartments
More about this property
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