About This Home

This 0-bedroom, 0-bathroom commercial at 402 2nd Avenue in Sterling, IL is listed for $750,000. Built in 1964, on a 0.45 acres lot.

Key Features

  • Built in 1964
  • 0.45 acre lot

Property Details

1 story
1964

Amenities

A/C
Listing Description

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.

Monthly Cost Estimate

$4,011/mo

20% down · 6.5% · 30 years

Principal$542
Interest$3,250
Insurance$219

Estimates only. Actual payments may vary.

Location

402 2nd Avenue

Sterling, IL 61081

Property Details

Flooring

CarpetTile

Construction

Stucco

Cooling

Central Air

Questions & Answers

This 0-bedroom, 0-bathroom commercial at 402 2nd Avenue is listed at $750,000. The estimated monthly payment is $4,011 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1964, 0.45 acre lot.

This property is listed by Patricia Sword and can be reached at (815) 625-3722.

PS

Patricia Sword

Agent at RE/MAX Sauk Valley

(815) 625-3722
Agent website

Listed by RE/MAX Sauk Valley · Broker phone: (815) 625-3722 · Broker website

MLS# 12773035· Source: Midwest Real Estate Data, LLC· 4 days on PropertySimple

Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

402 2nd Avenue, Sterling, IL 61081

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