Two-Story Brick
For Sale
$159,900
501 7th Street, Charleston, IL 61920
A corner-positioned commercial property combines customer-facing retail space with an upper-level studio and existing rental tenants.
Property Size4,824 SF
Price / SF$33.15
Days on Market29
Property Features for 501 7th Street
General Information
Standard status
Active
Size
4,824 SF
Property subtype
Business
Additional Details
Corner Location
Yes
Tenant in Place
Yes
Taxes and HOA fees
Annual Taxes
$2,065
Building Details
Year Built
1870
Buildings
1
Stories
2
Construction
brick
Tenancy
Multi
Listing Agency:
Price Avenue I Real Estate Professionals
Listed By:
Price Avenue
(217) 246-7371
Source:
Priceavenue
Added: Oct 1
Changed: Oct 27
Last Checked: Oct 26 at 3:52PM
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 Price Avenue I Real Estate Professionals
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Investment Insights
Based on property information with market context.
Built in 1870, this two-story brick storefront contains approximately 4,824 square feet on a corner in downtown Charleston. The main commercial area has an open plan, newer flooring, decorative wood wall finishes, and large storefront windows. Three bathrooms and additional storage serve the property, while the upper floor provides studio space with wood floors and natural light.
A yoga studio and a backroom storage tenant currently occupy space and have expressed interest in staying. The property is at 501 7th Street in Charleston, Illinois.
A yoga studio and a backroom storage tenant currently occupy space and have expressed interest in staying. The property is at 501 7th Street in Charleston, Illinois.
Key Highlights
- Approximately 4,824 square feet in a two‑story brick building
- Corner location in downtown Charleston at 501 7th Street
- Main commercial area features an open layout and large storefront windows
Property Analytics
Who owns this building?
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Open Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
512
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 61920, IL
20,847
Population
9,786
Households
2.1
Avg Household Size
34
Median Age
35%
College-Educated
93%
High-School Grad
148.3 sq mi
ZIP Area
141
Density / Sq Mi
$54,229
Median Household Income
$27,949
Median Earnings
$823
Median Rent
$144,700
Median Home Value
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Market
Vacancy Rate% for Retail in Midwest region
Frequently Asked Questions
What type of property is this?
Storefront property - A corner-positioned commercial property combines customer-facing retail space with an upper-level studio and existing rental tenants.
Where is this storefront property located?
The property is located at 501 7th Street Charleston, IL.
What is the asking price?
The asking price for this property is $159,900.
What are key features of this property?
This property features: Approximately 4,824 square feet in a two‑story brick building; Corner location in downtown Charleston at 501 7th Street; Main commercial area features an open layout and large storefront windows
