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Remodeled Mixed-Use Building in Canton
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154 E Elm Street, Canton, IL 61520

Recently remodeled mixed-use building with restaurant and apartment.

Property Size3,360 SF
Price / SF$44.61
Days on Market67

Property Features for 154 E Elm Street

General Information

Standard status Active
Size 3,360 SF
Property subtype Mixed Use, Retail
Listing Agency: RE/MAX Traders Unlimited
Listed By: Jessica Ball
Source: Crexi
Added: May 26 Changed: Jul 10 Last Checked: Jul 30 at 2:06PM

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 RE/MAX Traders Unlimited

Investment Insights

Based on property information with market context.

This recently remodeled mixed-use building is located near the square in Canton. The main level, formerly a restaurant and bar, features an existing 12' hood/suppression system, a three-compartment sink, and a walk-in cooler. The space could be utilized for retail or office purposes. The second floor is a newly renovated one-bedroom apartment with an open kitchen and several large living areas. The property is located in a TIF district with incentives for further investment and build-out. The property contains 3,360 square feet.

Key Highlights

  • Located in a TIF district with incentives for investment and build‑out.
  • Newly renovated second‑floor apartment** with one bedroom and open kitchen.
  • Remodeled mixed‑use building suitable for business and residential purposes.

Property Analytics

Current Use

Mixed-use properties

Suggested Use

Top Pick Real Estate Agency Kitchen & Bath Showroom Electrical Service HVAC Service (Bike/Boat/Book/etc) Store Home Appliance 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.

Location Intelligence

Trade Area within ½ mile

674
Businesses Nearby

Demographics for 61520, IL

16,156
Population
7,301
Households
2.2
Avg Household Size
43
Median Age
16%
College-Educated
89%
High-School Grad
152.0 sq mi
ZIP Area
106
Density / Sq Mi
$56,618
Median Household Income
$35,240
Median Earnings
$814
Median Rent
$116,200
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?
Mixed-use property - Recently remodeled mixed-use building with restaurant and apartment.
Where is this mixed-use property located?
The property is located at 154 E Elm Street Canton, IL.
What is the asking price?
The asking price for this property is $149,900.
What are key features of this property?
This property features: Located in a TIF district with incentives for investment and build‑out.; Newly renovated second‑floor apartment** with one bedroom and open kitchen.; Remodeled mixed‑use building suitable for business and residential purposes.
More about this property
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