Listing provided courtesy of RVG Commercial RealtyMREDas Distributed by MLSGrid- MLS# 12416650MLS Provider

301 W 3rd StreetSterling, IL 61081

Commercial
$3 Active

301 W 3rd Street Overview

Time on Site:
348 days
Visits:
6

Historic Sterling Landmark Building for Lease Unlock the potential of this iconic Sterling landmark offering up to 487,000 sq ft of versatile industrial space spread across three expansive floors - with suites starting as small as 1,000 sq ft to suit your unique needs. Bring your vision! This flexible property is ideal for manufacturing, storage, loft offices, event venues, restaurants, creative studios, and more. Currently approved for storage use, ownership is ready and willing to collaborate with new tenants to bring the building up to code for a variety of uses in partnership with the city. Features include multiple drive-in doors, loading docks, and ample on-site parking to support a wide range of operations. Situated along the riverfront, this building is perfectly positioned to benefit from Sterling's major investment in the Sterling Riverfront Development happening just across the river - making this a rare opportunity to be part of the city's next chapter and reestablish this historic property as a vibrant community asset once again.

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301 W 3rd Street Facts & Features

  • Type Commercial

Details

General

Income/Expenses

  • Existing Lease Type: Modified Gross

Building Information

  • Year Built: 1900

Location/Region

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

Rent/Lease Information

  • Tenant Pays: Varies by Tenant

General Information

  • Property Sub Type: Warehouse
  • Property Type: Commercial Lease
  • Zoning: INDUS

Interior

General Information

  • Cooling: Office Only
  • Electric: Service - 201 to 600 Amps, Power - 120V, Power - 480V, Three Phase, Single Phase
  • Leasable Area: 487000
  • Stories: 3

Unit Information

  • Unit SqFt.: 487000

Exterior

301 W 3rd Street 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.

301 W 3rd Street 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

301 W 3rd Street History

Date Event Value Agent
7/31/2025Source: MRED Added to Database
July 17, 2025
7/31/2025Source: MRED Status Change
Active