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Mixed-Use Storefront Building
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 Market134

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
Listed By: Carrie Ottum · License #471001655
Added: Apr 10 Changed: Aug 20 Last Checked: Aug 21 at 2:06AM
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 property combines a ground-level storefront with two apartments above. The retail space is available for occupancy, while the residential units require renovation. Central air is installed, and the HVAC system was replaced in 2025. The building dates to 1890 and sits on a 0.0574-acre parcel.

The property is positioned in downtown DeKalb along Lincoln Highway, with parking available on the highway or in the large city lot behind the building. Nearby commercial activity includes shops, entertainment venues, and food establishments, providing a varied downtown setting for the storefront.

Key Highlights

  • Ground‑floor storefront available for occupancy
  • Two upstairs apartments requiring renovation
  • HVAC replaced in 2025; central air cooling

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

980
Businesses Nearby
21k
Monthly Visits Nearby

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
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Downtown commercial building with an available storefront and 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: Ground‑floor storefront available for occupancy; Two upstairs apartments requiring renovation; HVAC replaced in 2025; central air cooling
More about this property
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