402 2nd Avenue Sterling, IL $ 750,000
402 2nd Avenue
$ 750,000
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402 2nd Avenue

Sterling, IL, 61081
$ 750,000
Bedrooms-- Baths-- Sq 10,800

Monthly Estimate*

$ 4,736

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Commercial Property for sale in Sterling, IL

for $750,000. This 10,800 square foot building was built in 1964 on a lot size of 0.449954.

High Visibility Downtown Office Building For Sale. Well maintained building with currently 3 suites. Two units on the main level and one unit on the lower level. Built in 1964. The main level is heated by two packaged rooftop units, the lower level is heated via two forced air furnaces. The main level is cooled by two packaged rooftop units, the lower level is cooled via two central air units. One gas meter, one electrical meter, and one water meter. The building has one 40 gallon water heater. Security system and smoke detectors. Suite 1 is on the west side of the main level. It is in nice condition with acoustical ceilings, carpet and tile flooring. There is a reception / lobby area with two private offices. A hallway leads to two single-user restrooms and four private rooms. (Measurement per the lease is 1,700, but actual measurement is over 2,400.) Suite 2 is on the east side of the main level. It was completely renovated last year and has acoustical ceilings, carpet, LVP, and tile flooring. It has two entry doors with the primary entry door being on the east side. The vestibule entry opens to a reception area with small lobby and an open space surrounded by five private offices, a conference room, two single-user restrooms, and a kitchenette. (Measurement per lease is 2,400, but actual measurement is a slightly larger.) The lower-level unit has an entry on the east and west side which open to a stairwell with the west side also including an elevator. The unit encompasses the entire basement. It includes several private offices, large open office areas, a kitchenette, large vault, two multi-user restrooms, and one single user restroom. The lower level also includes a utility room and elevator room. There are no windows for the lower level. This unit measures at approximately 4,850 square feet. The building could easily be utilized by one or multiple users. It could easily be converted to retail with some investment. The building is in excellent condition throughout both levels. Call for full financial details.

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Commercial Active

Price

$ 750,000

Property Type

Commercial

Taxes

$ 10,532

Style

Lot Size

0.449954

Year Built

1964

Town/City

Sterling

County/Region

Whiteside

MLS | Web ID

12773035

Features
General
Cooling Central Air
Possession Closing
Roof Membrane
Zoning OTHER
Construction Materials Stucco
Year Built 1964
Electric Circuit Breakers
Tenant Pays Other
Stories Count 1
Township Sterling
Property Subtype Mixed Use
Tax Year 2025
Gross Income 91855
County Whiteside
Operating Expense 29000
Insurance Expense 2500
Property Type Commercial Sale Mixed Use
Possible Use Commercial
Status New
Directions Downtown Sterling- NE corner of 2nd Avenue & Route 2 (East 4th Street).
City Sterling
Number Of Units Total 3
MLS Area Sterling
Lot Size Square Feet 19600
Tax Annual Amount 10532.86
Electric Expense 6135
Fuel Expense 0
Trash Expense 0
Water Sewer Expense 0
Additional Parcels Y/N N
Standard Status Active
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Interior
Flooring Carpet Tile Other
Total Fireplaces 0
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Exterior
Building Area Total 10800
Lot Dimensions 150 x 135
Frontage Type City Street US Highway
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* Excluded Features
List By
Re/Max Sauk Valley

Broker

PSword@Remax.Net;PSword@fatherdaughtersteam.com

Email

Affordability Calculator

$5,613
Per Month
84%
16%
0%
Monthly Principal & Interest
$4,736
Monthly Property Taxes
$878
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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
Pricing History
DatePricePrice ChangeDescription
9/30/2026$750,000 Listed Price

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402 2nd Avenue, Sterling, IL, 61081 is a Commercial Property for sale at $750,000 with 10,800 sqft and a lot size of 0.449954. 402 2nd Avenue was built in 1964. The property's zip code is 61081 which is in Sterling, IL