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Live-Work Property
New
For Sale
$49,900

601 N 3RD Street, Riverton, IL 62561

Commercial Sale, Riverton, IL

Property SizeContact for details
Days on Market4

Property Features for 601 N 3RD Street

General Information

Property type Commercial Sale
Property subtype Other
Zoning 60
Directions Follow N 3rd Street into Riverton, property is on the left.
Standard status Active
APN 15-09.0-453-007

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 1864

Utilities

Sewer type Public Sewer
Heating system Natural Gas
Cooling system Wall/Window Unit(s), Central Air, Window Unit(s)

Building Details

Floors in Building 1
Flooring type Carpet
Building materials Vinyl Siding, Frame
Roof type Composition
Listing Agency: RE/MAX Professionals · RE/MAX International
Listed By: Bradley Libbra
Added: Oct 19 Changed: Oct 21 Last Checked: Oct 22 at 4:06PM
MLS# CA1047226

Copyright © 2026 RMLS Alliance. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Rey
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This live-work property was previously occupied by an insurance office. Its existing commercial use could be continued, while any residential conversion or other use should be confirmed with the appropriate authorities. The building has a frame structure with vinyl siding and carpeted floors. Heating is provided by natural gas, and the property is served by public sewer.

The property is at 601 N 3RD Street in Riverton, Illinois. Zoning is identified as 60.

Key Highlights

  • Former insurance office use
  • Zoning designation: 60
  • Frame construction with vinyl siding

Property Analytics

Contact the owner directly Get the owner's phone numbers and email
Open Analytics

Current Use

Buffalo Agency Inc. Insurance Agency

Suggested Use

Top Pick Dental Office HVAC Service Pharmacy Auto Repair Shop Nail Salon Bakery

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

120
Businesses Nearby

Demographics for 62561, IL

5,229
Population
2,437
Households
2.1
Avg Household Size
40
Median Age
19%
College-Educated
93%
High-School Grad
23.2 sq mi
ZIP Area
225
Density / Sq Mi
$78,519
Median Household Income
$43,305
Median Earnings
$1,034
Median Rent
$156,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025

Frequently Asked Questions

What type of property is this?
Live-work space - Previously used as an insurance office, the property may continue in commercial use, subject to verification of applicable requirements.
Where is this live-work space located?
The property is located at 601 N 3RD Street Riverton, IL.
What is the asking price?
The asking price for this property is $49,900.
What are key features of this property?
This property features: Former insurance office use; Zoning designation: 60; Frame construction with vinyl siding
More about this property
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