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Downtown Storefront with Upstairs Apartments
For Sale
$218,000

157 E Lincoln Hwy, Dekalb, IL 60115

Commercial space offers immediate occupancy with rear access to parking in a city lot.

Property Size4,500 SF
Price / SF$48.44
Days on Market34

Property Features for 157 E Lincoln Hwy

General Information

Standard status Active
Size 4,500 SF

Property Condition

Severity Repairs Needed
Evidence 2 apartments upstairs that need renovation

Amenities

parking

Building Details

Year Built 1890
Listing Agency: Weichert REALTORS Signature Professionals
Listed By: Carrie Ottum · License #471001655
Source: Amyboston.realtopiare
Added: Jul 27 Changed: Aug 28 Last Checked: Aug 29 at 12:03PM

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.

This 1890-built storefront property in downtown DeKalb provides commercial space at street level, along with two apartments on the upper floor. The apartments require renovation, while the building received a new HVAC system in 2025. The storefront is available for immediate occupancy and offers a practical base for a commercial operator seeking space in the downtown area.

Parking is available along Lincoln Highway and in a large city lot behind the building. The surrounding downtown district includes shops, entertainment venues, food establishments, and other businesses, with additional commercial activity developing nearby.

Key Highlights

  • Storefront 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.

Location Intelligence

Trade Area within ½ mile

980
Businesses Nearby
21k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 55% Dining 44% Electronics 2%
Dunkin' Donuts Dining
6,234 visits/mo 0.5 miles
Shell Shops & Services
3,818 visits/mo 0.1 miles
Old National Bank Shops & Services
3,039 visits/mo 0.2 miles
Marathon Petroleum Shops & Services
2,361 visits/mo 0.1 miles
Papa John's Pizza Dining
2,209 visits/mo 0.1 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
Rey
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Frequently Asked Questions

What type of property is this?
Storefront property - Commercial space offers immediate occupancy with rear access to parking in a city lot.
Where is this storefront property located?
The property is located at 157 E Lincoln Hwy 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 require renovation; New HVAC installed in 2025
More about this property
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