502 1st Street, La Salle, IL
Retail for Sale - $499,500
Agent Info
| Leah Erickson Coldwell Banker Real Estate Group |
Property Info
| CIMLS# | 1189357 |
| Location 502 1st Street La Salle IL 61301 | |
| Updated | March 25th, 2026 |
| Type | Retail |
| Price | $499,500 |
Property Description
Introducing an exceptional investment opportunity at 502 1st Street, La Salle, IL. This prime property features a 5,202 SF building with 4 units, ideal for retail or street retail tenants or investors. Built in the early 1900's and completely renovated in 2026, the property boasts a compelling blend of historic charm and modern amenities. Zoned C-3 and situated in the highly desirable Downtown La Salle Historic District, this property offers a 75% occupancy rate, signaling strong sustained interest. Don't miss the chance to capitalize on this premier retail investment in a thriving commercial district. Tenants pay water, sewer, electric, and gas. Garbage is $50/month/tenant. Additional storage space in the full 8' basement is available for tenants to lease, or for a new buyer to utilize. A shared corridor in the rear of the building is accessible from all 4 tenant spaces and provides access to the basement and exterior decking to First Street. EM payable to Coldwell Banker Real Estate Group via certified funds. DO NOT DISTURB TENANTS or ASK QUESTIONS OF TENANTS.



