Renovated Multi-Unit Retail
502 1st St La Salle, IL 61301
For Lease
Contact for pricing
Fully renovated multi-unit retail building with street-accessible storefronts and separately metered utilities.
Property Size5,502 SF
Days on Market133
Property Features for 502 1st St
General Information
- Standard status
- Active
- Size
- 5,502 SF
- Property subtype
- Retail
Building Details
- Year Built
- 1900
Spaces For Lease
at 502 1st St Contact us
Listing Agency:
Coldwell Banker Commercial Real Estate Group
(815) 553-2406
Listed By:
Leah Erickson · License #475.204597
Source:
Crexi
Added: Mar 14
Changed: Jul 23
Last Checked: Jul 23 at 5:02PM
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 Coldwell Banker Commercial Real Estate Group
Investment Insights
Based on property information with market context.
This renovated, early-1900s retail building contains four separate tenant storefronts, with commercial doorways and storefront glazing welcoming shoppers to each unit. A shared rear corridor provides access between all four tenant spaces, with access to an 8' basement that offers additional storage space. Basement access also connects to exterior decking leading to First Street. The building has been completely renovated for a 2026 completion timeline, including a new roof, renovated basement, and new mechanicals throughout.
The property is located in Downtown La Salle Historic District and is zoned C-3. Two tenant spaces have storefronts on First Street, while the other two storefronts face the west side of the building. A new deck and walkway welcome visitors to the western storefronts; glazing for the fourth tenant space will be completed as weather permits.
Tenants pay water, sewer, electric, and gas, and all units are separately metered, including separate metering for common areas. Garbage is $50 per month per tenant, currently paid by the landlord. Street parking is available with new spaces out front for building use.
The property is located in Downtown La Salle Historic District and is zoned C-3. Two tenant spaces have storefronts on First Street, while the other two storefronts face the west side of the building. A new deck and walkway welcome visitors to the western storefronts; glazing for the fourth tenant space will be completed as weather permits.
Tenants pay water, sewer, electric, and gas, and all units are separately metered, including separate metering for common areas. Garbage is $50 per month per tenant, currently paid by the landlord. Street parking is available with new spaces out front for building use.
Key Highlights
- 5,502 SF building with 4 units, suited for retail or street‑retail tenants
- Completely renovated in 2026, including new roof, renovated basement, and all new mechanicals throughout
- Zoned C‑3 and located in the Downtown La Salle Historic District
Property Analytics
Location Intelligence
Current Use by Public Records
Storefront properties
Similar Off Market Nearby
- Valley Flowers — 608 3rd St, La Salle, IL 61301
FAQs
What type of property is this?
Storefront property - Fully renovated multi-unit retail building with street-accessible storefronts and separately metered utilities.
Where is this storefront property located?
The property is located at 502 1st St La Salle, IL.
What are key features of this property?
This property features: 5,502 SF building with 4 units, suited for retail or street‑retail tenants; Completely renovated in 2026, including new roof, renovated basement, and all new mechanicals throughout; Zoned C‑3 and located in the Downtown La Salle Historic District
