Retail

Sterling, IL Retail Space for Sale

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Downtown Storefront Building
Updated: Jul 21
Downtown Storefront Building

317 1st Avenue, Sterling, IL 61081

$72,900
0.10 AC lot
>8,000 square feet across a multi‑level downtown Sterling building
Two main‑floor sides of approximately 2,100 square feet each
South side occupied by The Little Chocolatier; north side is vacant
Second floor can be finished for additional use
Brick‑and‑concrete construction dating to 1920
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Scored against comparables nationwide. These are worth a look.

Scored against comparables nationwide. These are worth a look.

Cap Rate available after sign in
Est. NOI available after sign in
Local Demand available after sign in
Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Sterling, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

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

Freestanding Retail Building with Loading Door
Freestanding Retail Building with Loading Door

207 E Broadway Street, Mount Carroll, IL 61053

$500,000
14,452 sqft 0.75 AC lot

Retail property with multiple entrances, remodeled interiors, and a mix of customer-facing and loading access.

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Remodeled Furniture Showroom
Remodeled Furniture Showroom

207 E Broadway Street, Mount Carroll, IL 61053

$600,000
14,452 sqft 0.75 AC lot

Established furniture business with real estate, flexible loading access, and multiple customer entrances.

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Retail Building with Second Story
Retail Building with Second Story

23080 Waller Rd, Fulton, IL 61252

$335,000
10,800 sqft 5.00 AC lot

60' x 120' retail building with heat and A/C, newer LED lighting, public restrooms, and unpaved surrounding parking.

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Retail Property with Drive-Through Bays
Retail Property with Drive-Through Bays

23148 Waller Road, Fulton, IL 61252

$335,000
304,920 sqft 7.00 AC lot

Retail improvements include multiple drive-through buildings, an open-air pavilion, and extensive unpaved parking.

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Sterling, IL Retail Space Market Trends and Statistics

Explore 1 retail space for sale in Sterling, IL on our real estate platform.

Sale prices for retail space in Sterling, IL average $72,900 — 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

Storefront properties 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 $72.9K

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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