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Mixed-Use Building With Storefronts
For Sale
$164,900

16 East Main Street, Casey, IL 62420

Downtown property combines flexible commercial areas with three leased upstairs apartments.

Property Size4,287 SF
Price / SF$38.47
Days on Market179

Property Features for 16 East Main Street

General Information

Standard status Active
Size 4,287 SF
Property subtype Residential Income / Triplex
Zoning Other

Taxes and HOA fees

Annual Taxes $1,703

Amenities

Window Unit(s)
Natural Gas, Electric
Electric Water Heater
Yes

Building Details

Year Built 1900
Buildings 1
Stories 2
Listing Agency: Stence Realty
Listed By: Reuben Stence · License #471020568
Source: Compass
Added: Feb 13 Changed: Aug 10 Last Checked: Aug 10 at 9:28AM

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 Stence Realty

Investment Insights

Based on property information with market context.

Located at 16 East Main Street in Casey, this mixed-use building contains two storefronts presently operated together as one commercial space. The ground floor offers broad open areas that can accommodate booth-style layouts, office divisions, or other business configurations. Street-facing windows, a newer awning, restroom, offices, and rear storage areas support the commercial layout. Window unit cooling, natural gas, electric service, and an electric water heater are also included.

The upper level contains three apartments, all currently leased. The commercial and residential portions are leased, with buyout options in place for the commercial space. Built in 1900, the property is identified with “Other” zoning and sits in downtown Casey, facing the World's Largest Windchime.

Key Highlights

  • Two downtown storefronts currently operated as one commercial space
  • Three upstairs apartments are currently leased
  • Open ground‑floor areas with street‑facing windows and a newer awning

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Real Estate Agency Auto Parts Store Building Supply Pharmacy HVAC Service Law Firm

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

96
Businesses Nearby

Demographics for 62420, IL

4,196
Population
2,140
Households
2
Avg Household Size
45
Median Age
17%
College-Educated
91%
High-School Grad
123.2 sq mi
ZIP Area
34
Density / Sq Mi
$68,235
Median Household Income
$40,182
Median Earnings
$738
Median Rent
$122,000
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Downtown property combines flexible commercial areas with three leased upstairs apartments.
Where is this mixed-use property located?
The property is located at 16 East Main Street Casey, IL.
What is the asking price?
The asking price for this property is $164,900.
What are key features of this property?
This property features: Two downtown storefronts currently operated as one commercial space; Three upstairs apartments are currently leased; Open ground‑floor areas with street‑facing windows and a newer awning
More about this property
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