Search
Mixed-Use Building with Retail Space
For Sale
$95,000
Pending

321 W Main Street, Staunton, IL 62088

Ground-floor commercial space is paired with potential residential redevelopment above.

Property SizeContact for details
Days on Market17

Property Features for 321 W Main Street

General Information

Standard status Pending
Property subtype Residential Income

Site & Location

Corner Location Yes
Road Access Yes

Taxes and HOA fees

Annual Taxes $1,757

Building Details

Year Built 1950
Buildings 1
Stories 2
Units 7
Listing Agency: RE/MAX Alliance
Listed By: Melissa Quinones · License #475216770
Source: Powerhausrealty
Added: Aug 13 Changed: Aug 28 Last Checked: Aug 28 at 8:15PM

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 Alliance

Investment Insights

Based on property information with market context.

Built in 1950, this mixed-use building occupies a prominent corner lot along Main Street in downtown Staunton. The property includes a ground-floor retail or commercial area and is being offered in its existing condition.

The upper portion has potential for up to seven residential units, subject to buyer verification of unit count, zoning, permitted uses, and building condition. The 321 W Main Street property may accommodate a combination of commercial and residential uses, depending on applicable approvals and the buyer’s planned scope of work.

Key Highlights

  • Ground‑floor retail or commercial space
  • Potential for up to seven residential units above
  • Corner‑lot position along Main Street

Property Analytics

Current Use

Staunton Nails Nail Salon

Suggested Use

Top Pick Law Firm Dental Office Hair Salon Real Estate Agency Spa & Massage Center Auto Parts Store

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

316
Businesses Nearby
21k
Monthly Visits Nearby

Foot Traffic Nearby

Groceries 38% Dining 27% Shops & Services 18% Home Improvements & Furnishings 17%
Bill's IGA Groceries
7,835 visits/mo 0.5 miles
Hardee's Dining
5,541 visits/mo 0.0 miles
Duda Ace Hardware Home Improvements & Furnishings
3,618 visits/mo 0.1 miles
Associated Bank Shops & Services
2,599 visits/mo 0.2 miles
Napa Auto Parts Shops & Services
1,157 visits/mo 0.3 miles

Demographics for 62088, IL

6,605
Population
3,263
Households
2
Avg Household Size
44
Median Age
21%
College-Educated
94%
High-School Grad
43.9 sq mi
ZIP Area
150
Density / Sq Mi
$66,066
Median Household Income
$44,235
Median Earnings
$803
Median Rent
$142,800
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
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Mixed-use property - Ground-floor commercial space is paired with potential residential redevelopment above.
Where is this mixed-use property located?
The property is located at 321 W Main Street Staunton, IL.
What is the asking price?
The asking price for this property is $95,000.
What are key features of this property?
This property features: Ground‑floor retail or commercial space; Potential for up to seven residential units above; Corner‑lot position along Main Street
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message