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Mixed-Use Storefront Building
For Sale
$425,000

31828 N US Highway 12, Volo, IL 60073

Commercial Sale, Volo, IL

Property SizeContact for details
Lot Size0.88 Acres
Days on Market140

Property Features for 31828 N US Highway 12

General Information

Property type Commercial Sale
Property subtype Retail
Zoning COMMR
Directions Rt 12, 1 1/2 blocks north of Rt 120 on the west side of street next to Speedway.
Subdivision Volo
Standard status Active
APN 09032000140000
Lot size 0.88 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 13187

Utilities

Utilities Natural Gas Available
Cooling system Central Air

Building Details

Year built 1951
Floors in Building 2
Number of units 2
Flooring type Concrete, Vinyl, Carpet
Building materials Block
Roof type Composition
Listing Agency: Chris Kare Realty LLC
Listed By: Dean Christofilos
Added: May 19 Changed: Oct 2 Last Checked: Oct 5 at 6:06PM
MLS# 12652945

Copyright © 2026 Midwest Real Estate Data, LLC. 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.

This block building, constructed in 1951, has a street-level storefront and an upper floor that can be converted to offices. The property requires build-out work after a radiator pipe broke; it is being offered in its current condition. Central air and natural gas availability are noted.

The 0.88-acre parcel fronts US Highway 12, about 1 1/2 blocks north of Route 120, and extends back to Speedway. The location is described as carrying thousands of vehicles each day. Zoning is designated COMMR.

Key Highlights

  • 0.88‑acre parcel with frontage on US Highway 12
  • Storefront on the ground floor and an upper level convertible to offices
  • About 1 1/2 blocks north of Route 120, next to Speedway

Property Analytics

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Current Use

Mattress by Appointment ... Furniture & Home Goods

Suggested Use

Top Pick Dental Office Parking Lot & Garage (Bike/Boat/Book/etc) Store Grocery & Convenience Store Locksmith 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.

Lease Details

Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

149
Businesses Nearby
113k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 69% Shops & Services 29% Beauty & Spa 2%
McDonald's Dining
20,190 visits/mo 0.3 miles
Starbucks Dining
17,786 visits/mo 0.3 miles
Speedway Shops & Services
13,011 visits/mo 0.1 miles
Taco Bell Dining
12,084 visits/mo 0.4 miles
Chipotle Mexican Grill Dining
10,302 visits/mo 0.3 miles

Demographics for 60073, IL

61,721
Population
20,864
Households
3
Avg Household Size
34
Median Age
27%
College-Educated
81%
High-School Grad
18.5 sq mi
ZIP Area
3,336
Density / Sq Mi
$95,457
Median Household Income
$43,228
Median Earnings
$1,461
Median Rent
$215,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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?
Mixed-use property - The ground-floor retail area is complemented by an upper level suited to office conversion.
Where is this mixed-use property located?
The property is located at 31828 N US Highway 12 Volo, IL.
What is the asking price?
The asking price for this property is $425,000.
What are key features of this property?
This property features: 0.88‑acre parcel with frontage on US Highway 12; Storefront on the ground floor and an upper level convertible to offices; About 1 1/2 blocks north of Route 120, next to Speedway
More about this property
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