Add Listing
    Philo, IL
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Property Types
    1
    • Retail
    • Office
    • Residential Income
    • Restaurants
    • Industrial
    • Mixed-Use
    • Hospitality
    • Health Care
    • Sports & Entertainment
    • Land
    • Agricultural
    • Specialty
    Price
    Price
    $
    $

    Philo, IL Mixed-use Properties for Sale

    Notify Me
    List
    Map
    Sidney, IL Urbana, IL Tolono, IL
    Restored Historic Mixed-Use Building
    $395,000
    0.06 Acres

    Restored Historic Mixed-Use Building

    106 W Washington Street, Philo, IL 61864

    Completely renovated mixed-use property with retail and residential spaces.

    • Prime downtown location with historic charm and modern upgrades.
    • Turnkey property with multiple income streams from salon and three‑bedroom apartment.
    • Main level salon features a stylish layout with hair services, retail space, and private med spa.
    • Spacious three‑bedroom apartment with new windows and a large eat‑in kitchen.
    • Ample parking with street parking, rear alley access, and a private parking spot.
    Updated: Mar 28
    View details
    Versatile Commercial Space in Philo
    $495,000
    41,247 SF

    Versatile Commercial Space in Philo

    204 Monroe Street, Philo, IL 61864

    Functional commercial space with flexible layout and desirable features.

    • Highly visible location with strong street presence
    • Flexible interior layout suitable for various business types
    • Ready for immediate use with a mix of open workspace and private offices
    • Newer HVAC system (approximately 3 years old)
    • Fiber internet wiring and split AC system in the server room
    Updated: May 18
    View details
    Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 2 Active listings in Philo, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Historic Downtown Investment Opportunity
    $390,000
    2,736 SF

    Historic Downtown Investment Opportunity

    Two interconnected buildings blending historic charm with modern integrity.

    103 & 105 W Sale Street, Tuscola, IL 61953
    View details
    Historic Downtown Champaign Mixed-Use Building
    $3,850,000
    0.29 Acres

    Historic Downtown Champaign Mixed-Use Building

    Landmark building with retail, residential, and office space.

    41 E. University Avenue, Champaign, IL 61820
    View details
    Tuscola Commercial Building Opportunity
    $365,000

    Tuscola Commercial Building Opportunity

    Large, open concept building in prime Tuscola location.

    901 E Southline Road, Tuscola, IL 61953
    View details
    Historic Mixed-Use Building in Champaign
    $3,850,000
    22,052 SF

    Historic Mixed-Use Building in Champaign

    Historic building with retail, residential, and office space.

    41 E. University Avenue, Champaign, IL 61820
    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Prime Commercial Land Opportunity
    $3,000,000
    37.09 Acres

    Prime Commercial Land Opportunity

    37+ acres near Terre Haute Casino, development potential.

    4400 Margaret Avenue lot: 4300 Margaret Avenue, Terre Haute, IN 47802
    View details
    Prime Commercial Land Near Casino
    $3,000,000
    37.09 Acres

    Prime Commercial Land Near Casino

    37+ acres of commercial land adjacent to Terre Haute Casino.

    4400 Margaret Avenue, Terre Haute, IN 47802
    View details
    Prime Commercial Land Opportunity
    $125,453

    Prime Commercial Land Opportunity

    Development opportunity in southwest Springfield near White Oaks Mall.

    3131 Hollis Drive Unit 2-007, Springfield, IL 62707
    View details
    9.5-Acre Development Opportunity in Avon
    $3,600,000
    9.50 Acres

    9.5-Acre Development Opportunity in Avon

    Premier land parcel for mixed-use, retail, or multifamily development.

    5283 East Main Street, Avon, IN 46123
    View details

    Philo, IL Mixed-Use Properties Investment Opportunities Market Analysis

    Explore 2 mixed-use properties for sale in Philo, IL on our real estate platform. These investment opportunities span a total of 41,247 square feet of properties for sale, with an estimated market value of $495,000.

    Sale prices for multi use buildings in Philo, IL start at $495,000, averaging $495,000, and reaching up to $495,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

    List
    Map

    Demographics Overview

    Population 1,714
    Population Growth (5Y) -0.3%
    Median Household Income $91,827
    College Educated 36.4%

    High-Yield Neighborhoods for Strategic Investment

    Identify Philo submarkets with the highest inventory density on the market and evaluate the median listing prices of real estate assets

    Neighborhood Average Price
    61864 $395K

    Taxes & Financing

    Tax Rate (average for all types) 6.20%
    Average Loan-to-Value 65.0%

    Need Help?

    Reach out if you need assistance with Realmo tools or have questions about your listings

    Browse Mixed-use properties for Sale Near Philo, IL

    Popular Searches in Philo, IL

    Popular Categories

    Most Searched ZIP Codes in Philo, IL

    • 61864

    Select Neighborhood

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!