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Two-Level Brick Retail Building
For Sale
$235,000

136 N Main Street, Elizabeth, IL 61028

COMMERCIAL/INDUSTRIAL, ELIZABETH, IL

Property Size8,000 SF
Lot Size0.10 Acres
Price / SF$56.85
Days on Market87

Property Features for 136 N Main Street

General Information

Property type Commercial Sale
Property subtype Other
Elementary school district River Ridge
Middle school district River Ridge
High school district River Ridge
Standard status Active
APN 0700112100
Size 4,134 SF
Lot size 0.10 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 2490

Utilities

Heating system Natural Gas, Forced Air
Cooling system Central Air

Amenities

storefront windows
rear alley access
solar panels

Building Details

Year built 1952
Flooring type Concrete, Tile, Vinyl, Carpet
Roof type Metal
Listing Agency: COLDWELL BANKER NETWORK REALTY · Coldwell Banker Real Estate
Listed By: DAMON HEIM · License #471000758
Added: May 27 Changed: Aug 19 Last Checked: Aug 21 at 1:06AM
MLS# 202603084

Copyright © 2026 NorthWest Illinois Alliance of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

Located at 136 N Main Street in Elizabeth, IL, this brick-front commercial building provides flexibility with two levels of retail and back-of-house space. The main level includes more than 4,000 square feet configured as open retail with wide storefront windows, abundant display areas, and a defined rear section suitable for office use or additional business operations. The lower level adds another 4,000+ square feet with a mix of retail display areas and extensive storage, warehouse, and workspace, including a dedicated office, two toilet rooms, and rear access to the alley for loading and deliveries.

Improvements during current ownership include the addition of a durable metal roof and solar panels. The building’s downtown setting along Main Street supports a visible, adaptable layout for a range of commercial concepts.

Key Highlights

  • Brick‑front commercial building on Main Street in downtown Elizabeth with more than 8,000 SF across two levels
  • Main level offers 4,000+ SF configured as open retail space with storefront windows and a defined rear section
  • Lower level adds 4,000+ SF with retail display areas plus extensive storage, warehouse, and workspace

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.

Lease Details

Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

160
Businesses Nearby
8k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 100%
Dollar General Shops & Services
4,286 visits/mo 0.4 miles
BP Shops & Services
3,757 visits/mo 0.1 miles

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 Retail in Midwest region

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

What type of property is this?
Retail space - Brick-front two-level building with open retail space, rear-access warehouse/storage, dedicated office, and restrooms.
Where is this retail 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: Brick‑front commercial building on Main Street in downtown Elizabeth with more than 8,000 SF across two levels; Main level offers 4,000+ SF configured as open retail space with storefront windows and a defined rear section; Lower level adds 4,000+ SF with retail display areas plus extensive storage, warehouse, and workspace
More about this property
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