Renovated Multi-Unit Retail
502 1st St La Salle, IL 61301
For Sale
Contact for pricing
Four-unit, fully renovated retail building offered for sale with tenants paying water, sewer, electric, and gas.
Property Size5,202 SF
Price / SF$96.02
Days on Market52
Property Features for 502 1st St
General Information
- Standard status
- Active
- Size
- 5,202 SF
- Property subtype
- RETAIL
Listing Agency:
Coldwell Banker Commercial Real Estate Group
(815) 780-7952
Listed By:
Leah Erickson · License #475204597
(815) 780-7952
Source:
Moodyscre
Added: Jun 2
Changed: Jul 23
Last Checked: Jul 23 at 5:32PM
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 multi-unit retail building includes 4 units within a 5,202-square-foot structure. Originally built in the early 1900s, the property was completely renovated in 2026, combining historic character with updated improvements. The property is zoned C-3 and is currently operating at a 75% occupancy rate.
The building is located at 502 1st Street in La Salle, Illinois, within the Downtown La Salle Historic District. Tenants pay water, sewer, electric, and gas, which helps define ongoing operating responsibilities.
For investors and retail users looking for a downtown presence, this property offers a renovated, income-producing retail setup with four separate units under a C-3 zoning designation.
The building is located at 502 1st Street in La Salle, Illinois, within the Downtown La Salle Historic District. Tenants pay water, sewer, electric, and gas, which helps define ongoing operating responsibilities.
For investors and retail users looking for a downtown presence, this property offers a renovated, income-producing retail setup with four separate units under a C-3 zoning designation.
Key Highlights
- 5,202 SF building with 4 units, suited for retail or street retail tenants
- Completely renovated in 2026; built in the early 1900s
- 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 - Four-unit, fully renovated retail building offered for sale with tenants paying water, sewer, electric, and gas.
Where is this storefront property located?
The property is located at 502 1st St La Salle, IL.
What is the asking price?
The asking price for this property is $499,500.
What are key features of this property?
This property features: 5,202 SF building with 4 units, suited for retail or street retail tenants; Completely renovated in 2026; built in the early 1900s; Zoned C‑3 and located in the Downtown La Salle Historic District
