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Listing provided courtesy of RE/MAX Sauk ValleyMREDas Distributed by MLSGrid- MLS# 12423441MLS Provider

407 East AvenueSterling, IL 61081

Commercial · 13,000 Sq. ft.
$530,000 Active

407 East Avenue Overview

Time on Site:
347 days
Visits:
2

Lots of updates; city water, city sewer, sprinkler system throughout, 18x48 office area & 2 restrooms, 1 for employees & 1 for office area. For sale or for lease @ 6.00 per square foot. Heated & A/C office area only.

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407 East Avenue Facts & Features

  • Type Commercial
  • Sq. ft. 13,000
  • Price/Sq.ft. $41

Details

General

Income/Expenses

  • Existing Lease Type: Gross
  • Gross Income: 0
  • Gross Scheduled Income: 0
  • Net Operating Income: 0
  • Operating Expense: 0

Building Information

  • Year Built: 1987

Location/Region

  • County Or Parish: Whiteside
  • MLS Area Major: Sterling
  • Township: Sterling

Rent/Lease Information

  • Tenant Pays: Other

Tax Information

  • Tax Annual Amount: $6,412.36
  • Tax Year: 2024

General Information

  • Parcel Number: 11194040100000
  • Possible Use: Commercial,Industrial
  • Property Type: Commercial Sale
  • Zoning: MANUF

Interior

Building Interior

  • Building Area Total: 13000

General Information

  • Cooling: Central Air
  • Electric: Circuit Breakers
  • Flooring: Concrete
  • Foundation Details: Concrete Perimeter
  • Leasable Area: 13000
  • Stories: 1

Unit Information

  • Unit SqFt.: 13000

Exterior

Lot Information

  • Additional Parcels: No
  • Frontage Type: City Street,State Road,Paved
  • Lot Size Dimensions: 310 X 270 X 196 X 131 X 75 X 131
  • Lot Size Square Feet: 33300

Building Exterior/Construction

  • Construction Materials: Steel Siding
  • Roof: Metal

407 East Avenue Neighborhood

Community

61081 (Sterling) Demographics

44
Median Age
167
Population Density (per sq. mile)
30%
College Educated
$55,459
Estimated Median Income
5,999
Estimated Total Home Owners
2,660
Estimated Total Renters
69% / 31%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

407 East Avenue Monthly Cost

$
$ %
%
$
$
Jim Luxem Jr
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

407 East Avenue Market Data

Based on the last 30 days in this zip code

$225,913
Average List Price
$126
Average Price per Square Foot
27
Properties Sold
76
Average Days on Market
61
Properties for Sale
Calculations provided by Reliance Network

407 East Avenue History

Date Event Value Agent
5/23/2026Source: MRED Status Change
Active
5/18/2026Source: MRED Price Reduction
$530,000 -8.6%
5/18/2026Source: MRED Status Change
Price Change
2/18/2026Source: MRED Status Change
Active
2/13/2026Source: MRED Status Change
Re-activated
11/23/2025Source: MRED Status Change
Active
11/18/2025Source: MRED Price Reduction
$580,000 -1.7%
11/18/2025Source: MRED Status Change
Price Change
10/15/2025Source: MRED Status Change
Active
10/10/2025Source: MRED Price Reduction
$590,000 -4.8%
10/10/2025Source: MRED Status Change
Price Change
7/31/2025Source: MRED Added to Database
July 18, 2025
7/31/2025Source: MRED Status Change
Active
6/20/2022Source: MRED Added to Database
January 27, 2022