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    Sterling Commercial Land Opportunity
    Updated: Feb 10, 2024
    Sterling Commercial Land Opportunity

    2612 W Le Fevre Road, Sterling, IL 61081

    $355,000
    4,236 sqft 4.00 AC lot
    4‑acre commercial lot with diverse potential uses.
    Prime location in Sterling, IL, near the intersection of W LeFevre and N Lynn Commercial.
    Situated in a commercial district close to multiple primary employers.
    Existing landscaping enhances the property's appeal.
    Built in 1992.
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    This listing looks promising.

    Here's a quick look at some key insights for

    2612 W Le Fevre Road, Sterling, IL 61081

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    • Est. Cap Rate

      8%
      Above avg (5.9%)

    • Est. NOI

      $28K
      Annual

    • Price @ 7% Cap

      $404K
      Above asking
    View Property Analytics
    Sterling Office Building For Sale
    Updated: Mar 5
    Sterling Office Building For Sale

    403 E 3rd St, Sterling, IL 61081

    $1,650,000
    Office building for sale
    Located in Sterling, Illinois
    View details
    Office Suite with Retail Potential
    Office Suite with Retail Potential

    503 East 3rd Street, Sterling, IL 61081

    Contact for pricing
    700 sqft

    Compact office suite offers reception, private office, semi-private area, storage, and a shared restroom.

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    Corner Lot Brick Office Building
    Corner Lot Brick Office Building

    323 1st Ave, Sterling, IL 61081

    Contact for pricing

    Brick office building with full basement space and two half bathrooms, featuring newer A/C and a roof under 10 years old.

    View details
    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 13 Potential Opportunities for your consideration. Besides 4 Active listings in Sterling, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 1 Off-Market properties to explore as potential leads, 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.

    Retail/Office Space in Prophetstown
    Retail/Office Space in Prophetstown

    710 Swanson Drive, Prophetstown, IL 61277

    $65,000
    644 sqft 0.33 AC lot

    Highly visible retail or office space with ample parking.

    View details
    Retail or Office Shop
    Retail or Office Shop

    710 Swanson Drive, Prophetstown, IL 61277

    $65,000
    14,375 sqft

    Small storefront offers two rooms, a private bath, and ample parking, with a new roof and sewer line to the city main.

    View details
    Downtown Mixed-Use Building with Apartments
    Downtown Mixed-Use Building with Apartments

    101 West Market Street, Mount Carroll, IL 61053

    $265,500
    7,768 sqft

    Corner building includes open retail space on the main level and four upstairs apartments.

    View details
    Mixed-Use Office and Residential Property
    Mixed-Use Office and Residential Property

    303 E State Road, Mount Carroll, IL 61053

    Contact for pricing
    4,352 sqft

    Two-bedroom apartments sit above office or retail salon space, with separate electric meters and multiple entrances.

    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.

    Dixon, IL Land For Sale
    Dixon, IL Land For Sale

    2002 Lowell Park Road lot: 7, Dixon, IL 61021

    $72,000
    0.89 AC lot

    Land for sale in Dixon, IL, near shopping and parks.

    View details
    Commercially Zoned Land in Dixon
    Commercially Zoned Land in Dixon

    2004 Lowell Park Road, Dixon, IL 61021

    $60,000
    1.10 AC lot

    1.10 acre commercially zoned land with frontage on Lowell Park Rd.

    View details
    High-Visibility Corner Lot
    High-Visibility Corner Lot

    201 North Washington Street, Carbondale, IL 62901

    $40,000

    Commercial corner lot in downtown Carbondale, ideal for development.

    View details
    Commercial Land in Peru, IL
    Commercial Land in Peru, IL

    018 Unytite Drive lot: 1, Peru, IL 61354

    $75,000
    1.00 AC lot

    Accessible commercial land for sale in Peru, Illinois.

    View details

    Off-Market Properties in Sterling, IL

    Consider similar Off-Market properties in Sterling, IL. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    2708 4Th St
    Restaurants

    2708 4Th St, Sterling, IL 61081

    Value Estimation by Request
    12,000 sqft 2.27 AC lot
    View details

    Sterling, IL Office Spaces Market Trends and Statistics

    Explore 5 office spaces for sale in Sterling, IL, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 4,936 square feet of properties for sale, with an estimated market value of $2,005,000.

    Sale prices for office spaces in Sterling, IL start at $355,000, averaging $1,002,500, and reaching up to $1,650,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Office Units 5
    Office buildings 3
    Medical Office Space 1

    Demographics Overview

    Population 21K
    Population Growth (5Y) -1.0%
    Median Household Income $60,854
    College Educated 28.4%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    61081 $750K

    Taxes & Financing

    Tax Rate (average for all types) 8.58%
    Tax Rate vs County Average 0.04 pp below county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Whiteside County

    New Delisted

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