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Mixed-Use Building with Upstairs Living
For Sale
$155,000

722 Broadway, Highland, IL 62249

The upper-level living space has its own entrance, separate from the commercial area.

Property Size2,700 SF
Price / SF$57.41
Days on Market21

Property Features for 722 Broadway

General Information

Standard status Active
Size 2,700 SF
Property subtype Commercial
Zoning C-2

Taxes and HOA fees

Annual Taxes $3,942

Building Details

Building Size 2,700 SF
Year Built 1945
Buildings 1
Listing Agency: RE/MAX Alliance
Listed By: Jaclyn Delaney · License #RASI
Source: Eaglerealtygroup
Added: Oct 9 Changed: Oct 25 Last Checked: Oct 26 at 3:44AM

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 RE/MAX Alliance

Rey
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Investment Insights

Based on property information with market context.

This 2,700-square-foot mixed-use building combines commercial space with an upstairs living area reached through a separate entrance. Built in 1945, the property was converted from a single-family residence and previously contained three apartments.

Located at 722 Broadway in Highland, the building is zoned C-2 Central Business District. Parking is available along the front and side streets.

Key Highlights

  • 2,700‑square‑foot mixed‑use building
  • Upstairs living area with a separate entrance
  • Previously configured as three apartments

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Live-work space

Suggested Use

Top Pick Electrical Service Parking Lot & Garage Plumbing Service (Bike/Boat/Book/etc) Store Dental Office Carpet & Flooring 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.

Location Intelligence

Trade Area within ½ mile

524
Businesses Nearby

Demographics for 62249, IL

16,052
Population
7,317
Households
2.2
Avg Household Size
42
Median Age
36%
College-Educated
96%
High-School Grad
88.7 sq mi
ZIP Area
181
Density / Sq Mi
$88,986
Median Household Income
$53,122
Median Earnings
$779
Median Rent
$220,000
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?
Mixed-use property - The upper-level living space has its own entrance, separate from the commercial area.
Where is this mixed-use property located?
The property is located at 722 Broadway Highland, IL.
What is the asking price?
The asking price for this property is $155,000.
What are key features of this property?
This property features: 2,700‑square‑foot mixed‑use building; Upstairs living area with a separate entrance; Previously configured as three apartments
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