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Brick-Front Retail and Warehouse Building
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136 N Main Street, Elizabeth, IL 61028

Two-level commercial building with open retail areas and rear alley access for loading and deliveries.

Property Size8,268 SF
Price / SF$28.42
Days on Market83

Property Features for 136 N Main Street

General Information

Standard status Active
Size 8,268 SF
Property subtype Special Purpose

Building Details

Year Built 1982
Stories 2
Listing Agency: Coldwell Banker Network Realty
Listed By: Damon Heim · License #471000758
Source: Crexi
Added: May 30 Changed: Aug 14 Last Checked: Aug 20 at 3:59PM

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 Network Realty

Investment Insights

Based on property information with market context.

This brick-front, two-level commercial building totals just over 8,000 square feet and is designed for flexible business use. The main level includes more than 4,000 square feet configured as open retail space with wide storefront windows and abundant display area, plus a defined rear section that can support office use, curated retail, or other operations. The lower level adds another 4,000+ square feet with a mix of retail display space, extensive storage, warehouse, and workspace areas, along with a dedicated office and two toilet rooms. Rear access to the alley supports convenient loading and deliveries. During the current ownership, improvements include the addition of a durable metal roof and solar panels.

The property is prominently positioned along Main Street in downtown Elizabeth, within a historic commercial district setting. The combination of storefront-oriented space and back-of-house access gives the building a practical layout for businesses that need both customer space and operational space.

For buyers or operators, the property offers a workable mix of retail frontage and back-end functionality, including warehouse/workspace and dedicated office space. It may suit concepts that benefit from direct customer access on the main level while maintaining storage and operational capacity below, with alley access for servicing deliveries.

Key Highlights

  • 1982 brick‑front, two‑level commercial building on Main Street in downtown Elizabeth
  • Over 8,000 total SF across both levels, with more than 4,000 SF on the main level
  • Main level open retail configuration with wide storefront windows, abundant display areas, and rear office‑ready section

Property Analytics

Current Use

Common Cents Resale Home Decor Store

Suggested Use

Top Pick Plumbing Service Auto Parts Store Bakery Garden Center Catering Service Pharmacy

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

158
Businesses Nearby
Well-served
Demand for This Use

Demographics for 61028, IL

1,865
Population
1,013
Households
1.8
Avg Household Size
51
Median Age
30%
College-Educated
90%
High-School Grad
113.4 sq mi
ZIP Area
16
Density / Sq Mi
$86,328
Median Household Income
$46,736
Median Earnings
$775
Median Rent
$184,800
Median Home Value

Market

Vacancy Rate% for Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025
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Similar Off Market Nearby

  • Small Town Saloon 111 N Main St, Elizabeth, IL 61028

Frequently Asked Questions

What type of property is this?
Flex space - Two-level commercial building with open retail areas and rear alley access for loading and deliveries.
Where is this flex space located?
The property is located at 136 N Main Street Elizabeth, IL.
What is the asking price?
The asking price for this property is $235,000.
What are key features of this property?
This property features: 1982 brick‑front, two‑level commercial building on Main Street in downtown Elizabeth; Over 8,000 total SF across both levels, with more than 4,000 SF on the main level; Main level open retail configuration with wide storefront windows, abundant display areas, and rear office‑ready section
(815) 266-2427 Call to check price and availability
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