Mixed-Use Building with Retail
For Sale
$450,000
31828 N US Highway 12, Volo, IL 60073
Commercial Sale, Volo, IL
Property SizeContact for details
Lot Size0.88 Acres
Days on Market94
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
Vinyl, Carpet, Concrete
Building materials
Block
Roof type
Composition
Listing Agency:
Chris Kare Realty LLC
(708) 633-7227
Listed By:
Dean Christofilos
(708) 372-8752
Added: May 19
Changed: Aug 20
Last Checked: Aug 20 at 12:06PM
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 mixed-use building includes a ground-floor storefront and an existing apartment on the second floor. The property was built in 1951 with block construction, composition roofing, central air, and carpet, concrete, and vinyl flooring. Natural gas is available. Interior remodeling and build-out are needed.
The property is located at 31828 N US Highway 12 in Volo, approximately 1 1/2 blocks north of Rt 120 and next to Speedway. The 0.88-acre lot includes a tree-lined area behind the building, along with frontage and space that may support parking or expansion.
Zoned COMMR, the property presents a mixed-use configuration with storefront space at the street level and residential space above. Existing conditions include the current apartment layout, while the building’s commercial area requires further work before occupancy.
The property is located at 31828 N US Highway 12 in Volo, approximately 1 1/2 blocks north of Rt 120 and next to Speedway. The 0.88-acre lot includes a tree-lined area behind the building, along with frontage and space that may support parking or expansion.
Zoned COMMR, the property presents a mixed-use configuration with storefront space at the street level and residential space above. Existing conditions include the current apartment layout, while the building’s commercial area requires further work before occupancy.
Key Highlights
- Mixed‑use building with storefront space and an existing second‑floor apartment
- 0.88‑acre lot at 31828 N US Highway 12, Volo, IL 60073
- Approximately 1 1/2 blocks north of Rt 120 and next to Speedway
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
149
Businesses Nearby
Explore this area
Business Placement
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
Market
Vacancy Rate% for Office in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Two-level property combines a storefront with an existing second-floor apartment.
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 $450,000.
What are key features of this property?
This property features: Mixed‑use building with storefront space and an existing second‑floor apartment; 0.88‑acre lot at 31828 N US Highway 12, Volo, IL 60073; Approximately 1 1/2 blocks north of Rt 120 and next to Speedway
