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Downtown Storefront Building
For Sale
$72,900

317 1st Avenue, Sterling, IL 61081

Two-sided commercial building with one occupied storefront and a vacant north-side space.

Property Size8,496 SF
Days on Market30

Property Features for 317 1st Avenue

General Information

Standard status Active
Size 8,496 SF
Property subtype Commercial
Zoning COMMR

Taxes and HOA fees

Annual Taxes $2,127

Building Details

Building Size 8,496 SF
Year Built 1920
Stories 2
Units 2
Tenancy Multi
Listing Agency: RE/MAX Sauk Valley
Listed By: Tim McCaslin · License #471002068
Source: Jjillrealtygroup
Added: Aug 2 Changed: Aug 28 Last Checked: Aug 29 at 10:21AM

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 RE/MAX Sauk Valley

Investment Insights

Based on property information with market context.

Built in 1920, this downtown Sterling storefront property contains more than 8,000 square feet across multiple levels. The main floor is divided into two sides of approximately 2,100 square feet each, creating separate commercial areas within the building. The south side is occupied by The Little Chocolatier, while the north side is vacant. An unfinished second floor provides additional interior area for future completion. The property is located at 317 1st Avenue and carries COMMR zoning. The real estate transaction includes the buildings; the existing business may be purchased separately.

Key Highlights

  • More than 8,000 square feet of building area
  • Two main‑floor sides of approximately 2,100 square feet each
  • South side occupied by The Little Chocolatier

Property Analytics

Current Use

Little Chocolatier Marketing & Advertising

Suggested Use

Top Pick Real Estate Agency Building Supply Auto Parts Store Dental Office Big Box & Wholesale Store Pharmacy

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

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

649
Businesses Nearby
45k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Groceries 44% Dining 30% Shops & Services 21% Hotels & Casinos 3%
County Market Groceries
19,902 visits/mo 0.3 miles
Taco Bell Dining
13,339 visits/mo 0.2 miles
U.S. Bank Shops & Services
4,048 visits/mo 0.1 miles
Citgo Shops & Services
3,637 visits/mo 0.2 miles
Holiday Inn Express & Suites Rock Falls Hotels & Casinos
1,422 visits/mo 0.4 miles

Demographics for 61081, IL

21,064
Population
9,753
Households
2.2
Avg Household Size
43
Median Age
20%
College-Educated
91%
High-School Grad
124.4 sq mi
ZIP Area
169
Density / Sq Mi
$60,854
Median Household Income
$40,497
Median Earnings
$791
Median Rent
$121,000
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
Rey
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Frequently Asked Questions

What type of property is this?
Storefront property - Two-sided commercial building with one occupied storefront and a vacant north-side space.
Where is this storefront property located?
The property is located at 317 1st Avenue Sterling, IL.
What is the asking price?
The asking price for this property is $72,900.
What are key features of this property?
This property features: More than 8,000 square feet of building area; Two main‑floor sides of approximately 2,100 square feet each; South side occupied by The Little Chocolatier
More about this property
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