Mixed-Use Building with
For Sale
$218,000
157 E Lincoln Highway, Dekalb, IL 60115
Commercial Sale, DeKalb, IL
Property SizeContact for details
Lot Size0.06 Acres
Days on Market146
Property Features for 157 E Lincoln Highway
General Information
Property type
Commercial Sale
Property subtype
Retail
Directions
North side of Lincoln Highway in downtown Dekalb.
Subdivision
De Kalb
Standard status
Active
APN
0823158019
Lot size
0.06 Acres
Taxes and HOA fees
Tax Year
2024
Tax Annual Amount
5596
Utilities
Cooling system
Central Air
Building Details
Year built
1890
Floors in Building
2
Number of units
3
Listing Agency:
Weichert REALTORS Signature Professionals
(815) 754-5050
Listed By:
Carrie Ottum · License #471001655
(815) 739-1275
Added: Apr 10
Changed: Aug 20
Last Checked: Sep 2 at 6:06PM
MLS# 12615560
Copyright © 2026 Midwest Real Estate Data, LLC. 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 mixed-use building at 157 E Lincoln Highway includes a ground-floor storefront available for immediate occupancy and two apartments on the upper level. The residential units require renovation, providing a property configuration that combines commercial space with unfinished residential improvements. Central air is installed, and the HVAC system was replaced in 2025. Constructed in 1890, the building occupies approximately 0.0574 acres.
The property is positioned in downtown DeKalb near shops, entertainment venues, and food establishments. Parking is available along Lincoln Highway and in the large city lot behind the building.
The property is positioned in downtown DeKalb near shops, entertainment venues, and food establishments. Parking is available along Lincoln Highway and in the large city lot behind the building.
Key Highlights
- Storefront available for immediate occupancy
- Two upstairs apartments requiring renovation
- New HVAC installed in 2025
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
980
Businesses Nearby
Explore this area
Business Placement
Demographics for 60115, IL
42,103
Population
18,175
Households
2.3
Avg Household Size
29
Median Age
36%
College-Educated
90%
High-School Grad
81.0 sq mi
ZIP Area
520
Density / Sq Mi
$46,808
Median Household Income
$22,838
Median Earnings
$1,018
Median Rent
$205,700
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Ground-floor commercial space is available for immediate occupancy, with two upstairs apartments requiring renovation.
Where is this mixed-use property located?
The property is located at 157 E Lincoln Highway Dekalb, IL.
What is the asking price?
The asking price for this property is $218,000.
What are key features of this property?
This property features: Storefront available for immediate occupancy; Two upstairs apartments requiring renovation; New HVAC installed in 2025
