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Three-Story Mixed-Use Building
New
For Sale
$315,000

305 Main St, Savanna, IL 61074

A renovated, leased storefront anchors two unfinished upper levels and a basement.

Property SizeContact for details
Days on Market6

Property Features for 305 Main St

General Information

Standard status Active

Taxes and HOA fees

Annual Taxes $2,986

Building Details

Buildings 1
Stories 3
Construction brick
Listing Agency: HomeSmart Residential and Commercial Realty
Listed By: KayLa Forret-Munoz · License #471.020260/B66441000
Source: Exprealty
Added: Oct 13 Changed: Oct 16 Last Checked: Oct 16 at 1:57PM

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 HomeSmart Residential and Commercial Realty

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Investment Insights

Based on property information with market context.

This brick mixed-use property in downtown Savanna has three stories and a basement. The main-floor space is renovated and occupied by a long-term H&R Block tenant. The two upper floors are open, unfinished spaces that can be planned for event use or short-term lodging, as proposed in the property information.

The building is on Main Street in Savanna, with river views. The city is working on a riverboat dock system and walkway. TIFF funding is available from the city for business buildout, according to the property information.

Key Highlights

  • Three‑story brick building with a basement
  • Renovated main‑floor space occupied by a long‑term H&R Block tenant
  • Two upper floors are unfinished open spaces

Property Analytics

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Current Use

Storefront properties

Suggested Use

Top Pick Building Supply Auto Repair Shop HVAC Service Big Box & Wholesale Store Pharmacy Real Estate Agency

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

221
Businesses Nearby
11k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 62% Home Improvements & Furnishings 22% Dining 16%
Dollar General Shops & Services
3,955 visits/mo 0.3 miles
Ace Hardware Home Improvements & Furnishings
2,442 visits/mo 0.1 miles
BP Shops & Services
2,057 visits/mo 0.3 miles
SUBWAY Dining
1,748 visits/mo 0.2 miles
Napa Auto Parts Shops & Services
729 visits/mo 0.2 miles

Demographics for 61074, IL

4,023
Population
2,344
Households
1.7
Avg Household Size
48
Median Age
15%
College-Educated
85%
High-School Grad
73.5 sq mi
ZIP Area
55
Density / Sq Mi
$48,387
Median Household Income
$35,033
Median Earnings
$807
Median Rent
$93,900
Median Home Value
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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 - A renovated, leased storefront anchors two unfinished upper levels and a basement.
Where is this mixed-use property located?
The property is located at 305 Main St Savanna, IL.
What is the asking price?
The asking price for this property is $315,000.
What are key features of this property?
This property features: Three‑story brick building with a basement; Renovated main‑floor space occupied by a long‑term H&R Block tenant; Two upper floors are unfinished open spaces
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