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233 5th Street Lacon, IL $ 165,000
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$ 165,000 Get more info
233 5th Street
$ 165,000
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233 5th Street

Lacon, IL, 61540
$ 165,000
Bedrooms-- Baths-- Sq 3,200

Monthly Estimate*

$ 1,029

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Commercial Property for sale in Lacon, IL

for $165,000. This 3,200 square foot building was built in 1900 on a lot size of 0.033333.

Discover an exceptional opportunity to own a high-visibility commercial property in the heart of downtown Lacon! This versatile 3,000 sq. ft. building is ideal for retail, office space, warehouse use, or a mixed-use business. The main level is handicap accessible, featuring a commercial kitchen, a restroom, and an inviting outdoor patio area. The ground level also features a second commercial kitchen and ample storage/office area as well as another restroom. The upper level is a blank canvas ready for a transformation-stripped down to the studs, making it perfect for apartments, additional office space, or custom use. Recent Upgrades: New water heater (2021), sump pump (2024), new front doors (2024), and a brand-new roof (2024). Endless potential whether you're an investor, entrepreneur, or developer, this building provides the flexibility to bring your vision to life. Don't miss this rare opportunity in a prime downtown location!

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Commercial Active

Price

$ 165,000

Property Type

Commercial

Taxes

$ 1,505

Style

Commercial

Lot Size

0.033333

Year Built

1900

Town/City

Lacon

County/Region

Marshall

MLS | Web ID

12319594
Features
General
Cooling Central Air
Construction Materials Brick
Year Built 1900
Electric Circuit Breakers
Stories Count 2
Property Subtype Mixed Use
Tax Year 2022
Current Use Commercial
Gross Income 0
County Marshall
Insurance Expense 3220
Property Type Commercial Sale Mixed Use
Possible Use Commercial
Status Active
Directions on Rt 17 of N.Washington and 5th St
City Lacon
Number Of Units Total 4
MLS Area Lacon
Lot Size Square Feet 1452
Tax Annual Amount 1505.46
Electric Expense 0
Fuel Expense 0
Trash Expense 0
Water Sewer Expense 576
Additional Parcels Y/N N
Standard Status Active
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Exterior
Building Area Total 3200
Lot Dimensions 22X66
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* Excluded Features
List By
Local Realty Group, Inc.

Broker

donnabayler@gmail.com

Email

Affordability Calculator

$1,155
Per Month
89%
11%
0%
Monthly Principal & Interest
$1,029
Monthly Property Taxes
$125
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
565567 Elementary School
567955 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
11/25/2025$165,000 -5.71% Price Down
3/27/2025$175,000 Listed Price

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233 5th Street, Lacon, IL, 61540 is a Commercial Property for sale at $165,000 with 3,200 sqft and a lot size of 0.033333. 233 5th Street was built in 1900. The property's zip code is 61540 which is in Lacon, IL

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