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Listing provided courtesy of O'Neil Property Group, LLCMREDas Distributed by MLSGrid- MLS# 12556096MLS Provider

8 E Railroad StreetSandwich, IL 60548

Commercial · 24,000 Sq. ft.
$925,000 Active

8 E Railroad Street Overview

Time on Site:
153 days
Visits:
1

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.

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8 E Railroad Street Facts & Features

  • Type Commercial
  • Sq. ft. 24,000
  • Price/Sq.ft. $39

Details

General

Income/Expenses

  • Other Expense: 0
  • Electric Expense: 0
  • Existing Lease Type: Gross
  • Fuel Expense: 0
  • Gross Income: 0
  • Gross Scheduled Income: 0
  • Insurance Expense: 0
  • Net Operating Income: 0
  • Operating Expense: 0
  • Trash Expense: 0
  • Water Sewer Expense: 0

Building Information

  • Year Built: 1898

Business Information

  • Current Use: Commercial,Special Use,Other

Location/Region

  • County Or Parish: DeKalb
  • MLS Area Major: Sandwich
  • Township: Sandwich

Rent/Lease Information

  • Tenant Pays: Electricity, Heat, Other, Varies by Tenant

Tax Information

  • Tax Annual Amount: $21,069.00
  • Tax Year: 2024

General Information

  • Parcel Number: 1936104001
  • Possible Use: Commercial,Condominium,Office,Multi-Family,Retail,Special Use,Other
  • Property Sub Type: Mixed Use
  • Property Type: Commercial Sale
  • Zoning: OTHER

Interior

Building Interior

  • Building Area Total: 24000

General Information

  • Cooling: Exhaust Fan, Window Unit(s)
  • Electric: Circuit Breakers, Fuses, Separate Meters, Power - 120V
  • Flooring: Carpet, Concrete, Tile, Vinyl, Wood
  • Foundation Details: Concrete Perimeter, Stone
  • Stories: 3

Exterior

Lot Information

  • Additional Parcels: No
  • Frontage Type: City Street
  • Lot Size Dimensions: 61 X 92
  • Lot Size Square Feet: 30785

Building Exterior/Construction

  • Construction Materials: Brick
  • Roof: Rubber

General Information

  • Number Of Units Total: 13

8 E Railroad Street Neighborhood

Community

60548 (Sandwich) Demographics

39
Median Age
298
Population Density (per sq. mile)
31%
College Educated
$74,155
Estimated Median Income
3,381
Estimated Total Home Owners
908
Estimated Total Renters
79% / 21%
Estimated Owner / Renter Divide
3
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.

8 E Railroad Street Monthly Cost

$
$ %
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$
$
Corinne Guerra
* 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.

8 E Railroad Street Market Data

Based on the last 30 days in this zip code

$439,270
Average List Price
$191
Average Price per Square Foot
15
Properties Sold
45
Average Days on Market
37
Properties for Sale
Calculations provided by Reliance Network

8 E Railroad Street History

Date Event Value Agent
5/5/2026Source: MRED Status Change
Active
4/30/2026Source: MRED Price Reduction
$925,000 -2.6%
4/30/2026Source: MRED Status Change
Price Change
4/5/2026Source: MRED Status Change
Active
3/31/2026Source: MRED Price Reduction
$950,000 -2.6%
3/31/2026Source: MRED Status Change
Price Change
3/9/2026Source: MRED Status Change
Active
3/4/2026Source: MRED Price Reduction
$975,000 -2.5%
3/4/2026Source: MRED Status Change
Price Change
2/2/2026Source: MRED Status Change
Active
1/27/2026Source: MRED Added to Database
January 27, 2026