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Retail and Apartment Building

408 3rd Ave Sterling, IL 61081

408 3rd Ave, Sterling, IL, 61081
Contact for pricing
For Sale
Contact for pricing
Pending

Two commercial storefronts with eight apartments above, including two studios and four one-bedrooms.

Days on Market102

Property Features for 408 3rd Ave

General Information

Standard status
Pending
Property subtype
Special Purpose
Listing agency CENTURY 21 Universal Real Estate
Listed by Ron Alvarez · License #IL
Source Crexi
Added: Apr 11 Updated: Jul 20 at 4:38PM Checked: Jul 21 at 9:41AM

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 CENTURY 21 Universal Real Estate


Investment Insights

Based on property information with market context.

This mixed-use building combines two commercial storefronts on the ground level with eight apartments above. The residential units include two studios and four one-bedroom apartments, providing multiple rental configurations within one property.

The property is located on busy Lincoln Highway, offering convenient access for commercial tenants and daily operations.

For buyers and investors seeking a combined live-and-work setup, the building’s storefront-over-apartment structure provides an in-place income mix under one ownership.

Key Highlights

  • Mixed‑use building with 2 commercial storefronts and 8 apartments above
  • Apartment mix includes 2 studios and 4 one‑bedroom units
  • Property provides combined commercial and residential income potential with storefronts below and apartments above

Property Analytics

Location Intelligence

Current Use by Public Records

United States Postal ... Post Office

Suggested Use

Real Estate Agency Dental Office Pharmacy HVAC Service Parking Lot & Garage Auto Parts Store Electrical Service Computer & Electronic Repair Kitchen & Bath Showroom Grocery & Convenience Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Apartment building - Two commercial storefronts with eight apartments above, including two studios and four one-bedrooms.
Where is this apartment building located?
The property is located at 408 3rd Ave Sterling, IL.
What are key features of this property?
This property features: Mixed‑use building with 2 commercial storefronts and 8 apartments above; Apartment mix includes 2 studios and 4 one‑bedroom units; Property provides combined commercial and residential income potential with storefronts below and apartments above
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