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Mixed-Use Building with Upstairs Apartment
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304 W Main St, Lexington, IL 61753

Remodeled commercial building with an upstairs apartment and full basement.

Property Size2,580 SF
Days on Market144

Property Features for 304 W Main St

General Information

Standard status Active
Size 2,580 SF
Property subtype Retail, Mixed Use

Property Condition

Severity Repairs Needed
Evidence does need some finishing touches
Listing Agency: Berkshire Hathaway HomeServices Central Illinois Realtors
Listed By: Melissa Dittbenner · License #IL 475.175689
Source: Crexi
Added: Apr 11 Changed: Aug 31 Last Checked: Aug 30 at 11:09AM

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 Berkshire Hathaway HomeServices Central Illinois Realtors

Investment Insights

Based on property information with market context.

This mixed-use property combines a remodeled commercial space with a two-bedroom, two-bath apartment on the upper level. The main building contains 2,580 square feet, with exposed brick, hardwood flooring, tiled bathrooms, and a full dry basement for storage or additional buildout. The lower level includes two grease traps, a bathroom rough-in, and a kitchen rough-in. The commercial area was previously configured for coffee, wine, and martini service.

The upstairs apartment is currently leased and requires some remaining finishing work. Located within a TIF district in Lexington, the property sits in a community along historic Route 66 with restaurants, boutiques, and local events. The building offers a combination of commercial space and residential use at 304 W Main St.

Key Highlights

  • 2,580 S/F mixed‑use building with commercial space and upstairs apartment
  • Two‑bedroom, two‑bath apartment is currently leased
  • Full dry basement with two grease traps, bathroom rough‑in, and kitchen rough‑in

Property Analytics

Current Use

Bars & Pubs

Suggested Use

Top Pick Parking Lot & Garage HVAC Service Law Firm Hair Salon Auto Parts Store Bakery

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

149
Businesses Nearby

Demographics for 61753, IL

2,950
Population
1,308
Households
2.3
Avg Household Size
42
Median Age
33%
College-Educated
97%
High-School Grad
82.2 sq mi
ZIP Area
36
Density / Sq Mi
$108,438
Median Household Income
$53,326
Median Earnings
$978
Median Rent
$190,200
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 - Remodeled commercial building with an upstairs apartment and full basement.
Where is this mixed-use property located?
The property is located at 304 W Main St Lexington, IL.
What are key features of this property?
This property features: 2,580 S/F mixed‑use building with commercial space and upstairs apartment; Two‑bedroom, two‑bath apartment is currently leased; Full dry basement with two grease traps, bathroom rough‑in, and kitchen rough‑in
(309) 663-7653 Call to check price and availability
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