Property Description

Highly visible 17,160 square foot commercial building occupying a full city block on over 3/4 of an acre, offering multiple street frontage and exceptional accessibility. The property fronts IL Highway Business 20 West / Galena Avenue with a documented traffic count of approximately 3,900 vehicles per day, along with additional frontage on Spring Street and Walnut Avenue. The building has successfully housed multiple businesses simultaneously and offers a highly flexible interior layout that can be easily configured for co-working space, shared office environments, event or assembly space, meeting rooms, retail/office combinations, or multi-tenant occupancy. Layout flexibility allows spaces to operate independently while remaining under one roof. A garage/loading dock accessed from Spring Street supports deliveries and operational needs. The site offers approximately 33,000 square feet of paved parking, with nearly 90% of the lot paved, resulting in low exterior maintenance and excellent parking capacity for customers, employees, or event attendees. Originally constructed as a theatre, approximately 9,269 square feet of the building features dramatic 25-foot ceilings, with an attic-level mezzanine showcasing the original architectural character and offering additional storage potential. The section commonly referred to as the Farm Bureau area provides over 4,000 square feet with 15-foot ceilings, while the Country Side section offers more than 3,800 square feet with 16-foot ceilings. This property presents a rare opportunity for an owner-user, investor, or adaptive reuse project seeking visibility, scale, parking, and flexible space in a high-traffic commercial corridor.

Property Features