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Renovated Downtown Storefront Property
For Lease
$8.55 SF/Yr

705 Washington Street, Mendota, IL 61342

Updated first-floor commercial space with display windows, flexible rooms, and new building systems.

Space SizeContact for details
Days on Market10

Property Features for 705 Washington Street

General Information

Standard status Active

Taxes and HOA fees

Annual Taxes $2,084

Building Details

Year Built 1900
Stories 2
Units 2
Listing Agency: Core Realty & Investments Inc.
Listed By: James Martinez
Source: Perillorealestategroup
Added: Aug 3 Changed: Aug 9 Last Checked: Aug 11 at 1:59PM

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 Core Realty & Investments Inc.

Investment Insights

Based on property information with market context.

The first-floor commercial space at 705 Washington Street provides approximately 2,000 SF in a fully renovated storefront setting. Improvements include new flooring, walls, and ceiling finishes, along with updated bathrooms, plumbing, electrical service, and central air conditioning. Large display windows support a customer-facing storefront, while connected office or retail areas provide additional room for private workspaces, treatment rooms, storage, or other business functions.

The property is positioned in downtown Mendota, IL, at 705 Washington Street, with convenient parking and neighboring local businesses. The full first floor is available for lease, offering two connected commercial areas within one adaptable layout. Immediate occupancy and flexible lease terms are available.

Key Highlights

  • Approximately 2,000 SF of first‑floor commercial space
  • Renovated with new flooring, walls, ceiling, plumbing, electrical, bathrooms, and central air conditioning
  • Large display windows provide a prominent storefront presence

Property Analytics

Current Use

Storefront properties

Suggested Use

Top Pick Real Estate Agency Law Firm Parking Lot & Garage HVAC Service Pharmacy (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

NNN (Triple Net)
Lease Type
$1.28 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

260
Businesses Nearby
Under-served
Demand for This Use

Demographics for 61342, IL

8,648
Population
3,758
Households
2.3
Avg Household Size
41
Median Age
18%
College-Educated
87%
High-School Grad
108.2 sq mi
ZIP Area
80
Density / Sq Mi
$65,184
Median Household Income
$40,018
Median Earnings
$841
Median Rent
$132,700
Median Home Value

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
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Similar Off Market Nearby

  • Jerry's Flower Barn 701 Illinois Ave, Mendota, IL 61342

Frequently Asked Questions

What type of property is this?
Storefront property - Updated first-floor commercial space with display windows, flexible rooms, and new building systems.
Where is this storefront property located?
The property is located at 705 Washington Street Mendota, IL.
What is the lease rate?
The lease rate is $8.55 SF/Yr.
What are key features of this property?
This property features: Approximately 2,000 SF of first‑floor commercial space; Renovated with new flooring, walls, ceiling, plumbing, electrical, bathrooms, and central air conditioning; Large display windows provide a prominent storefront presence
More about this property
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