Building Details

Floors in Building 2

Number of units 10

Flooring type Carpet

Building materials Brick

Roof type Flat

Listing Agency: The Real Estate Group, Inc. m***@thegroup.com Show Phone

Listed By: Todd Musso · License #471001796 Show Phone

Added: Sep 19 Last Checked: Sep 21 at 10:06PM

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MLS# CA1046639

Copyright © 2026 RMLS Alliance. 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.

This two-story mixed-use property combines two commercial units with eight residential units in a single brick building. Five residential units are occupied, providing established tenancy, while three units are currently available for leasing. The property includes a parking lot and features carpeted flooring, a flat roof, and public sewer service.

Located at 145 N Springfield Street in Virden, Illinois, the building offers a combination of commercial and residential space within the same property. Its configuration supports separate commercial and apartment components, with existing residential occupancy and additional units available for lease.

Key Highlights

• Two‑story mixed‑use building with two commercial units and eight residential units
• Five of eight residential units are currently occupied
• Three residential units are available for leasing

Property Analytics

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Current Use

Hendricks Furniture Outlet ... Furniture & Home Goods

Suggested Use

Top Pick Real Estate Agency Hair Salon Dental Office Kitchen & Bath Showroom Plumbing Service Grocery & Convenience Store

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

8

Residential units

Location Intelligence

Trade Area within ½ mile

219

Businesses Nearby

Explore this area Business Placement

Demographics for 62690, IL

3,736

Population

1,716

Households

2.2

Avg Household Size

43

Median Age

13%

College-Educated

94%

High-School Grad

56.2 sq mi

ZIP Area

66

Density / Sq Mi

$82,644

Median Household Income

$43,220

Median Earnings

$785

Median Rent

$112,200

Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022

7.5% 2023

7.8% 2024

8% 2025

Questions? Ask Rey

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What type of property is this? Where is this mixed-use properties located? What is the asking price? Find similar properties What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Mixed-use property - Mixed-use property combining commercial storefronts and residential apartments with existing occupancy.

Where is this mixed-use property located?

The property is located at 145 N SPRINGFIELD Street Virden, IL.

What is the asking price?

The asking price for this property is $300,000.

What are key features of this property?

This property features: Two‑story mixed‑use building with two commercial units and eight residential units; Five of eight residential units are currently occupied; Three residential units are available for leasing