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Mario Bilotas

mario@fourdaughtersrealestate.com +1(847) 886-4663

$ 429,900

Est. payment -/mo

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Active

311 1st AVE Sterling, IL 61081

9,924 SqFt

UPDATED:

Key Details

Property Type Commercial

Sub Type Retail/Stores

Listing Status Active

Purchase Type For Sale

Square Footage 9,924 sqft

Price per Sqft $43

MLS Listing ID 12424327

Year Built 1920

Annual Tax Amount $6,842

Tax Year 2024

Lot Dimensions 47X135

Property Sub-Type Retail/Stores

Property Description

Investor alert! This is your chance to own a prime piece of downtown Sterling real estate with built-in income and significant upside potential. This 9,000+ square foot commercial property offers a strategic mix of existing rental income and available frontage ready for a new tenant or owner use. The front of the building features two expansive storefronts with soaring 15-foot ceilings, exposed brick, and stunning archways, an ideal setup for retail, gallery, or boutique service business. With large display windows and high visibility, this space is poised for strong tenant demand or owner-occupancy. The property includes, two long-term tenants, a successful hair salon and a popular tattoo studio, occupy separate spaces with dedicated entrances and convenient off-street parking, providing reliable income from day one. The main floor also includes two accessible restrooms for tenant use. The second level adds even more opportunity, featuring six private offices, a full bathroom, a large break/conference room, and a generous common area for storage or future development. The layout supports a range of potential uses, from coworking to studio rentals. Significant improvements have already been completed, including roof maintenance, LED lighting upgrades, and updates to HVAC, plumbing, and electrical systems. Whether you're looking to lease up the remaining space, reposition the property, or occupy part of it yourself, this downtown building offers solid returns with room to grow. Schedule your private showing today to explore the potential.

Location

State IL

County Whiteside

Area Sterling

Zoning COMMR

Interior

Cooling Central Air

Fireplace N

Building

Dwelling Type Retail/Stores

Listed by Opal Sundrani of RE/MAX Sauk Valley

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MY BLOGS

THE FRONT PORCH SWING

Oh, the memories. I remember my girls spending countless hours swinging front to back and side to side, hanging out with the neighborhood kids, splashing with the water hose, or crafting top-secret plans with their imaginations. It was awesome. How times have changed. With my two youngest girls slowly nearing college graduation and my older girls working hard in their careers, the days of simple life are taken over by group texts and long-distance daily check-ins. It's just not the same.

less is more, unless, it's for less.

Each day, I'd get my MLS home showing sheets ready, the electronic key card that opens lock-boxes, get dressed with minutes turning into seconds frantically starring at the time ticking away. All ready but just need to ...find ....one matching sock.

Contact Us

Phone

+1(847) 886-4663

mario@fourdaughtersrealestate.com

Address

205 W. Miner Street, Arlington Heights, IL, 60005