El Paso IL Commercial for Sale

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Type:
Mixed Use
Sq.Ft.:
2,400
Status:
Active
Beds:
n/a
Year built:
1890
Baths:
MLS#:
12177054

ADDITIONAL INFORMATION

Welcome to Your Next Investment! A versatile mixed-use commercial property offering the perfect blend of business and residential potential. Situated in the vibrant urban neighborhood of El Paso, this building has two rental offices on the ground floor with the potential for a residential apartment on the second floor. The larger office is currently occupied by a State Farm Insurance agent with a 5-year lease. The smaller office is a one room business, previously used as a salon, with a half bath and laundry hookup: available to rent. The upstairs apartment area is partially gutted and has a New 100 Amp Service installed with a separate meter along with its own separate water meter. All of the main floor was remodeled in 2023.

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Andrea D. Conner, License 471020674, Xome Inc., License 478026347, [email protected], 844-400-XOME (9663), 750 Highway 121 Bypass, Ste 100, Lewisville, TX 75067


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El Paso Real Estate

The median home value in El Paso, IL is $184,000. This is higher than the county median home value of $181,200. The national median home value is $338,100. The average price of homes sold in El Paso, IL is $184,000. Approximately 67.07% of El Paso homes are owned, compared to 27.28% rented, while 5.64% are vacant. El Paso real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a El Paso real estate agent to arrange a tour today!

El Paso, Illinois has a population of 2,896. El Paso is less family-centric than the surrounding county with 30.36% of the households containing married families with children. The county average for households married with children is 33.36%.

The median household income in El Paso, Illinois is $58,179. The median household income for the surrounding county is $76,486 compared to the national median of $69,021. The median age of people living in El Paso is 37.1 years.

El Paso Weather

The average high temperature in July is 85.6 degrees, with an average low temperature in January of 15.1 degrees. The average rainfall is approximately 38.4 inches per year, with 20.5 inches of snow per year.

El Paso Real Estate Market Conditions

  • Median sales price

    $184,000
    16.3% change since last quarter
  • # Active listings

    10
    30-day change

El Paso Schools and Demographics

Education near El Paso, IL

Metric City County
High School Graduates 91.97 94.28
College Degree - 2 year 8.75 11.58
College Degree - 4 year 18.88 34.91
Graduate Degree 2.75 10.23
Expenditures per Student 20,680 20,680
Students per Teacher 13.5 13.5

Elementary Schools near El Paso, IL

School Grades Students P/T Ratio ZIP
Fieldcrest Elementary - South PK - 04 213 15.1 61760
Gridley Grade School KG - 03 82 7.5 61744
Hudson Elementary School KG - 05 274 18.5 61748
Jefferson Park School PK - 03 317 14.7 61738

Middle Schools near El Paso, IL

School Grades Students P/T Ratio ZIP
Centennial School 04 - 05 184 14.9 61738
El Paso-Gridley Junior High School 06 - 08 257 15.6 61744
Roanoke-Benson Junior High School 05 - 08 169 15.4 61516

High Schools near El Paso, IL

School Grades Students P/T Ratio ZIP
El Paso-Gridley High School 09 - 12 383 12.8 61738
Fieldcrest High School 09 - 12 355 13.5 61760

Demographics near El Paso, IL

Metric City County
Neighborhood Type Suburban
Population 2,896 38,571
Population Density 1,358 73
Median Age 37.1 40
People per Household 2.7 2.6
Median Household Income 58,179 76,486
Average Income per Capita 26,751 38,480