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508 E 3rd Street

Sterling, IL 61081

508 E 3rd Street, Sterling, IL 61081 — exterior front view
508 E 3rd Street, Sterling, IL 61081 — exterior view
508 E 3rd Street, Sterling, IL 61081 — exterior view

508 E 3rd Street

Sterling, IL

$124,900

ActiveMLS #MRD12496847

508 E 3rd Street

Sterling, IL 61081

$124,900

Reduced $15,000

List Price

Studio

Layout

About This Property

Newly renovated commercial storefront opportunity near downtown! This 1,250+ sq foot property is ready for its new owner to immediately start operation, or offered for lease as an addition to an investment portfolio. This property features a heavy traffic count, storefront parking on the newly resurfaced parking lot, all new exterior paint and steel roofing, as well as a refreshed interior. With the open concept and half bath inside, possibilities are endless. Make it yours today!

Property Details

Key Facts

Overview
Property TypeCommercial Sale
BedroomsStudio
Days on Market251
Building
StyleMixed Use
Year Built1960
Lot Size60 x 100
CountyWhiteside
CoolingCentral Air
ExteriorBlock
RoofRubber
Lot Dimensions60 x 100
MLS #MRD12496847
Days on Market251
List DateOctober 15, 2025
StatusActive
Annual Taxes$1,297
Listing Courtesy OfRE/MAX of Rock Valley

Price reduced

$124,900

$5,000

Apr 7, 2026

Price reduced

$129,900

$10,000

Jan 9, 2026

Listed for sale

MLS #MRD12496847

$139,900

Oct 16, 2025

Mortgage Estimate

$740

/month
Principal & Interest
$632
Property Taxes
$108
20% · $24,980
6.5%

Location

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508 E 3rd Street, Sterling, IL 61081

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Listing data is provided in part by Midwest Real Estate Data LLC (MRED). Information is deemed reliable but not guaranteed accurate and should be independently verified. Properties may be listed by brokerages other than Abode Real Estate. © 2026 Midwest Real Estate Data LLC. All rights reserved.

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