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Mixed-Use Property with Storefront
For Sale
$218,000

157 E Lincoln Highway, Dekalb, IL 60115

Ground-floor commercial space includes two upstairs apartments requiring renovation.

Property Size4,500 SF
Days on Market124

Property Features for 157 E Lincoln Highway

General Information

Standard status Active
Size 4,500 SF
Property subtype Commercial

Additional Details

Multifamily Units 2

Taxes and HOA fees

Annual Taxes $5,596

Building Details

Building Size 4,500 SF
Year Built 1890
Stories 2
Units 3
Listing Agency: Weichert REALTORS Signature Professionals
Listed By: Carrie Ottum · License #471001655
Source: Exit2newbeginningz
Added: Apr 10 Changed: Aug 10 Last Checked: Aug 10 at 2:21AM

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 Weichert REALTORS Signature Professionals

Investment Insights

Based on property information with market context.

Built in 1890, this mixed-use property combines a storefront with two apartments on the upper level. The commercial space is available for immediate occupancy, while the apartments require renovation. A new HVAC system was installed in 2025.

The property is located in downtown DeKalb along Lincoln Highway, with parking available on the highway or in the large city lot behind the building. Nearby surroundings include shops, entertainment venues, and food establishments, providing an established mix of downtown activity.

Key Highlights

  • Storefront space available for immediate occupancy
  • Two upstairs apartments require renovation
  • New HVAC installed in 2025

Property Analytics

Current Use

Lovers Playground (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Dental Office Electrical Service Garden Center HVAC Service Carpet & Flooring Store Locksmith

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

2
Residential units

Location Intelligence

Trade Area within ½ mile

982
Businesses Nearby
46k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 64% Shops & Services 36% Electronics 1%
McDonald's Dining
22,357 visits/mo 0.0 miles
Dunkin' Donuts Dining
6,234 visits/mo 0.1 miles
BP Shops & Services
5,582 visits/mo 0.1 miles
Shell Shops & Services
3,818 visits/mo 0.5 miles
Old National Bank Shops & Services
3,039 visits/mo 0.4 miles

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 Retail in Midwest region

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

What type of property is this?
Mixed-use property - Ground-floor commercial space includes 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 space available for immediate occupancy; Two upstairs apartments require renovation; New HVAC installed in 2025
More about this property
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