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Mixed-Use Property in Thomson, IL
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823 W Main Street, Thomson, IL 61285

Mixed-use property with residential units and commercial space for sale.

Property Size4,736 SF
Price / SF$48.12
Days on Market718

Property Features for 823 W Main Street

General Information

Standard status Active
Size 4,736 SF
Property subtype Special Purpose
Zoning City C1
Listing Agency: Coldwell Banker Commercial Howes & Jefferies
Listed By: Matthew Brisch · License #IA
Source: Crexi
Added: Sep 2, 2024 Changed: Aug 15 Last Checked: Aug 14 at 5:57AM

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 Coldwell Banker Commercial Howes & Jefferies

Investment Insights

Based on property information with market context.

Located on Main Street in Thomson, Illinois, this mixed-use property, constructed in 1998, offers a commercial space and two residential units. Each of the two residential units features two bedrooms, one bathroom, and an open kitchen-living area layout. The main level commercial space includes offices and a lobby in the front, with a garage, workshop, storage area, and washing area in the back. The property also includes an extra adjoining lot. Each unit has separate water, gas, and electric meters. The lower level was formerly occupied by the Army Corps of Engineers. This property presents an opportunity for someone seeking a professional storefront with indoor storage, complemented by two income-producing residential units. It is also suitable for outdoor enthusiasts visiting the Thomson area, offering storage for equipment and accommodation. Thomson is known for duck, deer, and turkey hunting, as well as fishing on the Mississippi River.

Key Highlights

  • Mixed‑use property with commercial space and two residential units offers income potential and owner‑occupancy opportunity.
  • Well‑maintained building constructed in 1998.
  • Commercial space includes offices, lobby, indoor garage, workshop, storage, and washing area.

Property Analytics

Current Use

US Army Engineer ... Campground & RV Park

Suggested Use

Top Pick Grocery & Convenience Store Real Estate Agency Big Box & Wholesale Store Hair Salon Cafe & Coffee Shop Electrical 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.

Location Intelligence

Trade Area within ½ mile

69
Businesses Nearby

Demographics for 61285, IL

2,681
Population
998
Households
2.7
Avg Household Size
41
Median Age
12%
College-Educated
76%
High-School Grad
44.4 sq mi
ZIP Area
60
Density / Sq Mi
$68,750
Median Household Income
$34,162
Median Earnings
$832
Median Rent
$165,200
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?
Mixed-use property - Mixed-use property with residential units and commercial space for sale.
Where is this mixed-use property located?
The property is located at 823 W Main Street Thomson, IL.
What is the asking price?
The asking price for this property is $227,900.
What are key features of this property?
This property features: Mixed‑use property with commercial space and two residential units offers income potential and owner‑occupancy opportunity.; Well‑maintained building constructed in 1998.; Commercial space includes offices, lobby, indoor garage, workshop, storage, and washing area.
More about this property
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