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Flex Space with Pole Barn
For Sale
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301 3RD Street, London Mills, IL 61544

COMMERCIAL - London Mills, IL

Property SizeContact for details
Days on Market14

Property Features for 301 3RD Street

General Information

Property type Commercial Sale
Property subtype Other
Zoning Commercial
Directions 116 to First Entrance into London Mills, Left on W Main then Right on 3rd. Property is on the Left
Standard status Active
APN 03-02-03-102-003

Taxes and HOA fees

Tax Year 2025
Tax Description SECT/LOT: 18 & 17 ORIG. TOWN LONDON MILLS 29 CENT PT 17 29 CENT PT E1 2
Tax Annual Amount 369
Legal Description SECT/LOT: 18 & 17 ORIG. TOWN LONDON MILLS 29 CENT PT 17 29 CENT PT E1 2

Amenities

electrical plug ins

Building Details

Flooring type Concrete
Building materials Steel Frame, Frame
Roof type Metal
Listing Agency: Jim Maloof Realty, Inc.
Listed By: Sherri Delost · License #475131938
Added: Jul 30 Changed: Aug 4 Last Checked: Aug 12 at 8:06AM
MLS# PA1268880

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.

Investment Insights

Based on property information with market context.

Flex space opportunity at 301 3rd Street in London Mills, IL, set up across two lots. The property includes a pole barn with both partially open-air and partially enclosed areas, suited for storage and vendor-style use. Concrete flooring and a metal roof support flexible day-to-day operations.

The site is described as having numerous electrical plug-ins and includes 24 additional spaces for operations or on-site vendors. Public remarks indicate the location has been used for Giacabazi Donuts for years, and that for this year’s events the sites are rented with the sellers keeping the proceeds, with spring and fall festivals referenced for continued use.

Key Highlights

  • Two lots with a flex space setup at 301 3rd Street, London Mills, IL
  • Pole barn with partially open‑air and partially enclosed areas
  • Electrical plug‑ins throughout the site

Property Analytics

Current Use

Flex space

Suggested Use

Top Pick Auto Repair Shop Storage Facility (Bike/Boat/Book/etc) Store Food Market Farmer's Market Bar & Pub

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

Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

28
Businesses Nearby
Well-served
Demand for This Use

Demographics for 61544, IL

688
Population
365
Households
1.9
Avg Household Size
50
Median Age
21%
College-Educated
95%
High-School Grad
39.7 sq mi
ZIP Area
17
Density / Sq Mi
$79,333
Median Household Income
$48,125
Median Earnings
$920
Median Rent
$95,700
Median Home Value

Market

Vacancy Rate% for Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Flex space - Flex space on two lots with a partially open and partially enclosed pole barn and electrical plug-ins.
Where is this flex space located?
The property is located at 301 3RD Street London Mills, IL.
What is the asking price?
The asking price for this property is Off market.
What are key features of this property?
This property features: Two lots with a flex space setup at 301 3rd Street, London Mills, IL; Pole barn with partially open‑air and partially enclosed areas; Electrical plug‑ins throughout the site
More about this property
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