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Two-Building Mixed-Use Property

441 & 443 S Main Street, Hillsboro, IL 62049

For Sale
$35,900

Distinct storefront layouts, separate basements, and shared building systems support a range of commercial configurations.

Property Size1,650 SF
Price / SF$21.76
Days on Market243

Property Features for 441 & 443 S Main Street

General Information

Standard status Active
Size 1,650 SF
Property subtype Commercial

Additional Details

Utilities to Site Yes

Taxes and HOA fees

Annual Taxes $1,824

Building Details

Building Size 1,650 SF
Buildings 2
Listing Agency: MCR Realty Professionals, Inc
Listed By: Lori Weiss · License IL #475122693
Source: Grassmuckrealty
Added: Mar 17 Changed: Nov 10 Last Checked: Nov 13 at 6:33PM

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 MCR Realty Professionals, Inc

Rey
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Investment Insights

Based on property information with market context.

At 441 and 443 S Main Street, two buildings totaling 1,650 SF provide separate commercial layouts and basements. The 441 S Main Street space has an open front area, half bath, utility area with multiple sinks, and a rear office or storage room with access to the basement and rear parking area. The 443 S Main Street building includes a reception area, two offices, a full bathroom, basement, and rear exterior access. Both buildings have been used for office or storefront purposes, including real estate, barber, ice cream, and investment offices.

Building systems and utilities are shared. The forced-air furnace, central air unit, and water heater are in 441 S Main Street; the electrical panel and main water shutoff are in 443 S Main Street. One electrical meter serves both buildings. The property is next to City Hall at the intersection of S Main Street, IL Route 127, and IL Route 16.

Key Highlights

  • Two buildings with a combined 1,650 SF
  • 441 S Main Street has an open front area, utility space with multiple sinks, half bath, and rear office or storage room
  • 443 S Main Street includes a reception area, two offices, full bathroom, basement, and rear exterior access

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Quality Title & Abstract ... Title Company

Suggested Use

Top Pick Real Estate Agency Plumbing Service Kitchen & Bath Showroom HVAC Service Skin Care Clinic (Bike/Boat/Book/etc) 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
Utilities to site

Location Intelligence

Trade Area within ½ mile

416
Businesses Nearby
47k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 47% Dining 45% Home Improvements & Furnishings 8%
McDonald's Dining
15,572 visits/mo 0.3 miles
MotoMart Shops & Services
8,589 visits/mo 0.2 miles
Casey's General Store Shops & Services
8,577 visits/mo 0.2 miles
Hardee's Dining
5,747 visits/mo 0.1 miles
Shell Shops & Services
3,943 visits/mo 0.2 miles

Demographics for 62049, IL

7,952
Population
2,970
Households
2.7
Avg Household Size
42
Median Age
14%
College-Educated
87%
High-School Grad
82.1 sq mi
ZIP Area
97
Density / Sq Mi
$54,767
Median Household Income
$36,264
Median Earnings
$817
Median Rent
$106,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025

Frequently Asked Questions

What type of property is this?
Mixed-use property - Distinct storefront layouts, separate basements, and shared building systems support a range of commercial configurations.
Where is this mixed-use property located?
The property is located at 441 & 443 S Main Street Hillsboro, IL.
What is the asking price?
The asking price for this property is $35,900.
What are key features of this property?
This property features: Two buildings with a combined 1,650 SF; 441 S Main Street has an open front area, utility space with multiple sinks, half bath, and rear office or storage room; 443 S Main Street includes a reception area, two offices, full bathroom, basement, and rear exterior access
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