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Mixed-Use Building with Retail and Apartments
For Sale
$349,900
Pending

801-805 1st Street, La Salle, IL 61301

Second-floor apartments are framed with electrical and plumbing rough-ins, plus HVAC ductwork largely installed, alongside ground-floor retail space.

Property Size8,712 SF
Days on Market412

Property Features for 801-805 1st Street

General Information

Standard status Pending
Size 8,712 SF
Zoning COMMR

Taxes and HOA fees

Annual Taxes $3,312

Building Details

Stories 2
Listing Agency: Brummel Properties, Inc.
Listed By: John Dunholter · License #471000199
Source: Compass
Added: Jun 25, 2025 Changed: Aug 8 Last Checked: Jul 24 at 12:31PM

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 Brummel Properties, Inc.

Investment Insights

Based on property information with market context.

This former Maytag building is planned for mixed use, with six upscale apartments on the second floor and retail space on the ground floor. The apartments are fully framed, with electrical and plumbing rough-ins completed and HVAC ductwork largely installed. Significant structural reinforcements have been completed, along with new roofs, exterior concrete, landscaping and hardscaping, gutters, and siding. Additional materials have already been purchased, including TREX decking boards, steel doors, and electrical equipment. Electrical and gas supply still need to be brought to the building, though underground conduits are already in place to accommodate the utilities. The ground floor is currently dirt, as the building was mid-progress when new flooring was not yet installed.

The property is located at 801-805 1st Street in LaSalle, IL, and includes space for up to nine parking spaces.

Key Highlights

  • Planned mixed‑use building: six apartments on the second floor plus retail on the ground floor
  • Second‑floor apartments are fully framed with electrical and plumbing rough‑ins completed
  • HVAC ductwork is largely installed for the second‑floor apartments

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Real Estate Agency HVAC Service Plumbing Service (Bike/Boat/Book/etc) Store Furniture & Home Goods Locksmith

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

544
Businesses Nearby

Demographics for 61301, IL

10,375
Population
4,832
Households
2.1
Avg Household Size
40
Median Age
15%
College-Educated
87%
High-School Grad
42.3 sq mi
ZIP Area
245
Density / Sq Mi
$59,260
Median Household Income
$35,542
Median Earnings
$1,010
Median Rent
$117,800
Median Home Value

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?
Apartment building - Second-floor apartments are framed with electrical and plumbing rough-ins, plus HVAC ductwork largely installed, alongside ground-floor retail space.
Where is this apartment building located?
The property is located at 801-805 1st Street La Salle, IL.
What is the asking price?
The asking price for this property is $349,900.
What are key features of this property?
This property features: Planned mixed‑use building: six apartments on the second floor plus retail on the ground floor; Second‑floor apartments are fully framed with electrical and plumbing rough‑ins completed; HVAC ductwork is largely installed for the second‑floor apartments
More about this property
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