136 N Main Street Elizabeth, IL $ 235,000
136 N Main Street
$ 235,000
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136 N Main Street

Elizabeth, IL, 61028
$ 235,000
Bedrooms-- Baths-- Sq 4,134

Monthly Estimate*

$ 1,447

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Commercial Property for sale in Elizabeth, IL

for $235,000. This 4,134 square foot building was built on a lot size of 0.1.

Opportunity knocks in the heart of downtown Elizabeth! Prominently positioned along Main Street, this expansive brick-front commercial building offers incredible visibility, character, and flexibility with over 8,000 square feet of combined space across two levels. The main level features more than 4,000 square feet currently configured as open retail space with excellent flow, wide storefront windows, abundant display areas, and a defined rear section ideal for office use, curated retail, or additional business operations. The lower level adds another 4,000+ square feet and offers tremendous versatility with portions currently utilized for additional retail display alongside extensive storage, warehouse, and workspace areas, complete with a dedicated office, two toilet rooms, and rear access to the alley for convenient loading and deliveries. Rich with vintage charm and commercial potential, the property lends itself to a wide variety of business concepts. Some improvements during current ownership include the addition of a durable metal roof and solar panels for enhanced energy efficiency and reduced operating costs. Set amidst the historic architecture and small-town atmosphere of Elizabeth’s downtown district, this is a rare opportunity to own a substantial commercial property with exceptional space, functionality, and long-term potential in one of Northwest Illinois’ most charming communities.

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Commercial Active

Price

$ 235,000

Property Type

Commercial

Taxes

$ 2,490

Style

Commercial

Lot Size

0.1

Town/City

Elizabeth

County/Region

Jo Daviess

MLS | Web ID

202603084

Features
General
Parking Street
Water City
Sewer City
School District River Ridge
Water Heater Electric
Class COMMERCIAL/INDUSTRIAL
Type Commercial
Tax Year 2025
Roof Metal
Electric Circuit Breaker
Status ACTIVE and AVAILABLE
Subdivision IL
Sale/Rent For Sale
Status Detail 0
Primary City Elizabeth
Year Built 1952
City ELIZABETH
Taxes 2490
DOM 2
Postal Code 61028
Price Per Sq Ft Total AG 56.85
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Interior
Basement Full Partially Finished
Heating Gas Forced Air
Flooring Carpet Vinyl Tile Concrete
Warehouse Sq Ft 4134
Walls Panel Other
Insulation Unknown
Air Conditioning Central
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Exterior
Exterior Brick Concrete Block
Sprinkler? No
Lot Size Area 0.1
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* Excluded Features
List By
Damon Heim

Listing Agent

Coldwell Banker Network Realty

Broker

damon.heim@cbnetworkrealty.com

Email

Affordability Calculator

$1,654
Per Month
87%
13%
0%
Monthly Principal & Interest
$1,447
Monthly Property Taxes
$208
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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
4727544 Elementary School
4727542 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
5/28/2026$235,000 Listed Price

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136 N Main Street, Elizabeth, IL, 61028 is a Commercial Property for sale at $235,000 with 4,134 sqft and a lot size of 0.1. The property's zip code is 61028 which is in Elizabeth, IL