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1 W Main Street, Albion, IL 62806

DHI Realty Inc
Listed by DHI Realty Inc
$287,500
16 days on market
Updated 16 days ago
Opportunity zone

1 W Main Street

Details
Property Type Mixed Use
Square Footage 3,516
Units 7
Beds 3
Tenancy Vacant
Class C
Year Built 1900
Stories 2
Acreage 0.040
Zoning AL-2,Q ,S ,T ,R ,L001,B00Q,P200
Parking Spaces spaces
Ground Lease No
Ceiling Height 9ft
Sale Condition N/A

Mixed Use | 3,516 SqFt

Marketing description

Great investment opportunity in the heart of downtown Albion! This mixed-use property features a beautifully maintained restaurant space on the main level and a stylish upper-level Airbnb/apartment offering 2-3 bedrooms and 1 full bath. Both levels have been nicely updated and are move-in ready. The restaurant includes seating, equipment, 2 half baths, vinyl plank flooring installed in 2023, and a tankless water heater added in 2025. Upstairs features a comfortable and inviting living space with new washer and dryer included. Separate meters provide added flexibility for owners and tenants. Major updates include roof replacement in 2021, downstairs AC in 2025, and replacement windows. Excellent Main Street location directly across from the town square with convenient on-street parking.

Investment highlights

  • Located on the northwest corner of Main Street and 5th Street in downtown Albion. Property fronts Main Street
  • Mixed-use property features a beautifully maintained restaurant space on the main level and a stylish upper-level Airbnb/apartment
  • Restaurant includes seating, equipment, 2 half baths, vinyl plank flooring installed in 2023, and a tankless water heater added in 2025
  • Upstairs features 2-3 bedrooms and 1 full bath with new washer and dryer included
  • Separate meters provide added flexibility for owners and tenants
  • Roof replacement in 2021
  • Downstairs AC in 2025
  • Replacement windows
  • Excellent Main Street location directly across from the town square with convenient on-street parking

Listing Contacts

DHI Realty Inc
Listed by DHI Realty Inc

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