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10-Unit Mixed-Use Building
For Sale
$925,000

8 E Railroad Street, Sandwich, IL 60548

Commercial Sale, Sandwich, IL

Property Size24,000 SF
Lot Size0.71 Acres
Price / SF$38.54
Days on Market229

Property Features for 8 E Railroad Street

General Information

Property type Commercial Sale
Property subtype Other
Directions Rt 34 in Sandwich to Main St, north 1 block to Railroad
Subdivision Sandwich
Standard status Active
APN 1936104001
Lot size 0.71 Acres

Taxes and HOA fees

Tax Year 2024
Tax Annual Amount 21069

Utilities

Cooling system Exhaust Fan (Cooling), Window Unit(s)

Building Details

Year built 1898
Floors in Building 3
Number of units 13
Flooring type Vinyl, Carpet, Concrete, Wood, Tile
Building materials Brick
Roof type Rubber
Listing Agency: O'Neil Property Group, LLC
Listed By: Franklin Peterson · License #471021741
Added: Jan 27 Changed: Sep 12 Last Checked: Sep 13 at 10:06PM
MLS# 12556096

Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

Built in 1898, this brick mixed-use property combines nine second-floor apartments with a substantial antique retail area on the first floor. The building encompasses approximately 24,000 square feet on a 0.7067-acre site, with carpet, tile, concrete, vinyl, and wood flooring across the property. Cooling includes window units and exhaust fans.

Property improvements include a rubber roof installed in 2019, renovations to units and common areas completed from 2019 through 2025, and a heat retrofit completed in 2025. Tenants pay electric and gas, including heat, while ownership covers water, sewer, garbage, and common-area electric. The property is located in downtown Sandwich, Illinois, near the Sandwich Fairgrounds and the community’s antique destination area.

Key Highlights

  • 10‑unit mixed‑use building with nine second‑floor apartments
  • Approximately 24,000 SF on 0.7067 acres
  • Substantial first‑floor antique retail space

Property Analytics

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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

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
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Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Downtown property combines upper-level apartments with substantial retail space.
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 $925,000.
What are key features of this property?
This property features: 10‑unit mixed‑use building with nine second‑floor apartments; Approximately 24,000 SF on 0.7067 acres; Substantial first‑floor antique retail space
More about this property
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