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Mixed-Use Building with Apartments
For Sale
$500,000

26 E Railroad Street, Sandwich, IL 60548

Two commercial spaces leased to one business sit alongside three leased one-bedroom apartments.

Property Size4,840 SF
Price / SF$103.31
Days on Market62

Property Features for 26 E Railroad Street

General Information

Standard status Active
Size 4,840 SF
Property subtype COMMERCIAL

Units

Unit Mix 3 x 1BR
Multifamily Units 3

Additional Details

Mixed-Use Components retail, residential
Tenant in Place Yes

Taxes and HOA fees

Annual Taxes $8,826

Building Details

Building Size 4,840 SF
Year Built 1930
Buildings 1
Tenancy Multi
Listing Agency: Kettley & Company
Listed By: Brook Ebersohl · License #475158209
Source: Premier-relocation
Added: Sep 1 Changed: Oct 31 Last Checked: Oct 31 at 3:16AM

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 Kettley & Company

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Investment Insights

Based on property information with market context.

Built in 1930, this 4,840-square-foot mixed-use building includes two commercial spaces, both leased to the same business, and three leased one-bedroom apartments. Recent upgrades have been completed, and the building is ADA compliant. Hallways on both sides are shared with owners of adjoining buildings.

An additional studio configuration may be possible with light renovation. The third-floor apartment remains untouched; conversion to a one- or two-bedroom apartment would require city approval. The property is in the city’s main commercial district, within walking distance of nearby businesses and downtown. Fairs and festivals take place in and around the city.

Key Highlights

  • Two commercial spaces are leased to one business
  • Three leased one‑bedroom apartments
  • 4,840 square feet; built in 1930

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Chef Heatley's Hot ... (Bike/Boat/Book/etc) Store Smoke-Stock & Chimney Cleaning ... Building Supply

Suggested Use

Top Pick Law Firm HVAC Service Parking Lot & Garage Big Box & Wholesale Store (Bike/Boat/Book/etc) Store Plumbing Service

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

3
Residential units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

478
Businesses Nearby

Demographics for 60548, IL

12,019
Population
4,649
Households
2.6
Avg Household Size
43
Median Age
21%
College-Educated
93%
High-School Grad
41.4 sq mi
ZIP Area
290
Density / Sq Mi
$83,774
Median Household Income
$40,072
Median Earnings
$1,046
Median Rent
$240,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025

Frequently Asked Questions

What type of property is this?
Mixed-use property - Two commercial spaces leased to one business sit alongside three leased one-bedroom apartments.
Where is this mixed-use property located?
The property is located at 26 E Railroad Street Sandwich, IL.
What is the asking price?
The asking price for this property is $500,000.
What are key features of this property?
This property features: Two commercial spaces are leased to one business; Three leased one‑bedroom apartments; 4,840 square feet; built in 1930
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