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Mixed-Use Retail Building with Apartments
New
For Sale
$170,000

17 E FORT Street, Farmington, IL 61531

Commercial Sale, Farmington, IL

Property SizeContact for details
Lot Size0.04 Acres
Days on Market3

Property Features for 17 E FORT Street

General Information

Property type Commercial Sale
Property subtype Other
Zoning c2
Directions Hard corner at the intersection of 116 and route 78
Standard status Active
APN 05-04-311-007
Lot size 0.04 Acres

Taxes and HOA fees

Tax Year 2024
Tax Description Twp: 10 Sect/Lot: 01 Org Tw - S 72Ft W 24Ft Lt
Tax Annual Amount 1188
Legal Description Twp: 10 Sect/Lot: 01 Org Tw - S 72Ft W 24Ft Lt

Utilities

Sewer type Public Sewer
Heating system Forced Air, Natural Gas
Cooling system Central Air

Building Details

Floors in Building 2
Flooring type Concrete, Tile
Building materials Block, Brick, Wood Siding, Frame
Roof type Flat, Membrane
Listing Agency: Jim Maloof Realty, Inc.
Listed By: Amber Neal
Added: Oct 19 Changed: Oct 21 Last Checked: Oct 21 at 4:06PM
MLS# PA1271197

Copyright © 2026 RMLS Alliance. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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Investment Insights

Based on property information with market context.

This mixed-use property combines a street-level retail space with two leased residences above: a one-bedroom unit and a studio. The leases transfer upon sale. Plumbing and electrical from the space’s former Subway use remain in place. The building has central air conditioning, forced-air natural gas heat, and a flat membrane roof.

At 0.04 acres, the property occupies a hard corner in Farmington, Illinois, and is zoned C-2.

Key Highlights

  • Street‑level retail with two upper residences: one one‑bedroom unit and one studio
  • Leases for both residential units transfer upon sale
  • Plumbing and electrical from the former Subway use remain in place

Property Analytics

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Current Use

Storefront properties

Suggested Use

Top Pick Dental Office Building Supply Hair Salon Parking Lot & Garage Law Firm Spa & Massage Center

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
Multi-tenant
Tenancy
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

198
Businesses Nearby

Demographics for 61531, IL

3,325
Population
1,414
Households
2.4
Avg Household Size
42
Median Age
28%
College-Educated
96%
High-School Grad
56.3 sq mi
ZIP Area
59
Density / Sq Mi
$64,875
Median Household Income
$42,133
Median Earnings
$877
Median Rent
$113,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in Midwest region

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

Frequently Asked Questions

What type of property is this?
Mixed-use property - Two leased upper-floor residences transfer with the sale, providing existing rental income alongside the storefront.
Where is this mixed-use property located?
The property is located at 17 E FORT Street Farmington, IL.
What is the asking price?
The asking price for this property is $170,000.
What are key features of this property?
This property features: Street‑level retail with two upper residences: one one‑bedroom unit and one studio; Leases for both residential units transfer upon sale; Plumbing and electrical from the former Subway use remain in place
More about this property
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