About This Home
This 0-bedroom, 0-bathroom commercial at 8 E Railroad Street in Sandwich, IL is listed for $900,000. Built in 1898, on a 0.71 acres lot.
Key Features
- Built in 1898
- 0.71 acre lot
- 3 stories
Property Details
Amenities
**Recent Appraisal Sept 2026 that supports asking price As-Is, with As-Stabilized value at $1,150,000 Upside Potential**. Proudly offered for sale is this 10-unit mixed-use building located in the heart of downtown Sandwich, IL-widely recognized as the home of the Sandwich Fairgrounds and a premier Midwest antique destination.
The property features nine second-floor apartments and a substantial first-floor antique retail space. Encompassing approximately 24,000 SF, it stands as the largest building in downtown Sandwich and a cornerstone of the community's history and identity.
Numerous updates have been completed, including a new roof (2019), unit and common area renovations (2019-2025), and a heat retrofit (2025), among others. Tenants pay electric and gas including heat, landlord pays water, sewer, garbage, common area electric. Easy to tour. Broker owned. Financials available upon request.
Monthly Cost Estimate
$4,813/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
8 E Railroad Street
Sandwich, IL 60548
Property Details
Flooring
Construction
Cooling
Questions & Answers
This 0-bedroom, 0-bathroom commercial at 8 E Railroad Street is listed at $900,000. The estimated monthly payment is $4,814 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: Built in 1898, 0.71 acre lot, 3 stories.
This property is listed by Franklin Peterson and can be reached at (630) 788-7273.