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10-Unit Mixed-Use Building
For Sale
$900,000

8 E Railroad Street, Sandwich, IL 60548

Nine upper-level apartments sit above a substantial antique retail space in this downtown property.

Property Size24,000 SF
Price / SF$37.50
Days on Market275

Property Features for 8 E Railroad Street

General Information

Standard status Active
Size 24,000 SF
Property subtype Commercial

Additional Details

Mixed-Use Components retail, residential
Multifamily Units 9
Tenant in Place Yes

Taxes and HOA fees

Annual Taxes $21,069

Building Details

Building Size 24,000 SF
Year Built 1898
Buildings 1
Stories 3
Units 13
Tenancy Multi
Listing Agency: O'Neil Property Group, LLC
Listed By: Franklin Peterson · License #471021741
Source: Fishmangroup
Added: Jan 27 Changed: Oct 25 Last Checked: Oct 26 at 3:53AM

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 O'Neil Property Group, LLC

Rey
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Investment Insights

Based on property information with market context.

This 24,000-square-foot mixed-use building in downtown Sandwich combines nine apartments on the upper floor with antique retail space at street level. Constructed in 1898, the property has received unit and shared-area renovations from 2019 through 2025, a roof replacement in 2019, and a heating system retrofit in 2025.

Residents cover electric and gas service, including heat. The owner pays water, sewer, garbage, and electricity for common areas.

Key Highlights

  • 10‑unit mixed‑use property with nine apartments and ground‑floor retail
  • Approximately 24,000 square feet in downtown Sandwich, IL
  • Built in 1898

Property Analytics

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

Current Use

Thoughtful Computer Solutions Tech Support Center

Suggested Use

Top Pick Law Firm HVAC Service Parking Lot & Garage Big Box & Wholesale Store (Bike/Boat/Book/etc) Store Plumbing Service

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

9
Residential units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

478
Businesses Nearby

Demographics for 60548, IL

12,019
Population
4,649
Households
2.6
Avg Household Size
43
Median Age
21%
College-Educated
93%
High-School Grad
41.4 sq mi
ZIP Area
290
Density / Sq Mi
$83,774
Median Household Income
$40,072
Median Earnings
$1,046
Median Rent
$240,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025

Frequently Asked Questions

What type of property is this?
Mixed-use property - Nine upper-level apartments sit above a substantial antique retail space in this downtown property.
Where is this mixed-use property located?
The property is located at 8 E Railroad Street Sandwich, IL.
What is the asking price?
The asking price for this property is $900,000.
What are key features of this property?
This property features: 10‑unit mixed‑use property with nine apartments and ground‑floor retail; Approximately 24,000 square feet in downtown Sandwich, IL; Built in 1898
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