Live-Work Space with Attached Commercial
For Sale
Under Contract
$224,990
8621 US Highway 12, Richmond, IL 60071
Commercial Sale, Richmond, IL
Property SizeContact for details
Lot Size0.50 Acres
Days on Market248
Property Features for 8621 US Highway 12
General Information
Property type
Commercial Sale
Property subtype
Office
Zoning
COMMR
Directions
West side of US Highway 12 just North of the 12/31 Intersection Very strong location
Subdivision
Richmond
Standard status
Active Under Contract
APN
0421100005
Lot size
0.50 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
8292
Utilities
Utilities
Natural Gas Available
Sewer type
Septic Tank
Cooling system
Central Air
Water source
Well
Amenities
basement
2 car garage
Prairie Trail access
Building Details
Year built
1940
Floors in Building
2
Number of units
2
Building materials
Vinyl Siding
Roof type
Composition
Listing Agency:
HomeSmart Connect LLC · HomeSmart International
(847) 495-5000
Listed By:
Salvatore Soccorso · License #475144533
(847) 401-8000
Added: Jan 8
Changed: Aug 19
Last Checked: Sep 13 at 4:06PM
MLS# 12543720
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.
Live-work space in Richmond with an attached 2-bedroom home and a commercial area. The home includes a basement and a 2-car garage, along with substantial storage and privacy to the rear of the property. The commercial portion includes a 23x33 commercial area with space identified for a future bathroom and is separately metered, which could allow the commercial space to be rented out. The home and commercial features also include newer 200 AMP electric with 2 meters and two HVAC systems. The property has vinyl siding, a composition roof, central air, and natural gas available.
Located on US RT 12 just north of the 12/31 intersection, the property is described as highly visible on a heavily trafficked route. The listing materials reference a General Business District (GB District) type of development concept, with development served by municipal systems and designed to district lot development criteria. The property also notes level access to the Prairie Trail.
This is an as-is sale, and buyers are advised to complete their due diligence, including the survey.
Located on US RT 12 just north of the 12/31 intersection, the property is described as highly visible on a heavily trafficked route. The listing materials reference a General Business District (GB District) type of development concept, with development served by municipal systems and designed to district lot development criteria. The property also notes level access to the Prairie Trail.
This is an as-is sale, and buyers are advised to complete their due diligence, including the survey.
Key Highlights
- 0.5‑acre live‑work property on US RT 12 just north of the 12/31 intersection
- Attached 2‑bedroom home with basement and 2‑car garage plus rear privacy
- 23x33 commercial area with storage and space identified for a future bathroom
Property Analytics
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Current Use
Lease Details
Yes
Highway access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
36
Businesses Nearby
6k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
Citgo
Shops & Services
5,377 visits/mo
0.1 miles
Pantry
Shops & Services
908 visits/mo
0.1 miles
Demographics for 60071, IL
3,891
Population
2,161
Households
1.8
Avg Household Size
44
Median Age
28%
College-Educated
97%
High-School Grad
24.8 sq mi
ZIP Area
157
Density / Sq Mi
$77,593
Median Household Income
$43,164
Median Earnings
$1,189
Median Rent
$289,800
Median Home Value
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Market
Vacancy Rate% for Retail in Midwest region
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Live-work property near US RT 12 featuring an attached commercial area and a separately metered commercial portion.
Where is this mixed-use property located?
The property is located at 8621 US Highway 12 Richmond, IL.
What is the asking price?
The asking price for this property is $224,990.
What are key features of this property?
This property features: 0.5‑acre live‑work property on US RT 12 just north of the 12/31 intersection; Attached 2‑bedroom home with basement and 2‑car garage plus rear privacy; 23x33 commercial area with storage and space identified for a future bathroom
