Contact us: 563.441.1776
Description
High Visibility Downtown Office Building For Sale. Well maintained building with currently 3 suites. Two units on the main level and one unit on the lower level. Built in 1964. The main level is heated by two packaged rooftop units, the lower level is heated via two forced air furnaces. The main level is cooled by two packaged rooftop units, the lower level is cooled via two central air units. One gas meter, one electrical meter, and one water meter. The building has one 40 gallon water heater. Security system and smoke detectors. Suite 1 is on the west side of the main level. It is in nice condition with acoustical ceilings, carpet and tile flooring. There is a reception / lobby area with two private offices. A hallway leads to two single-user restrooms and four private rooms. (Measurement per the lease is 1,700, but actual measurement is over 2,400.) Suite 2 is on the east side of the main level. It was completely renovated last year and has acoustical ceilings, carpet, LVP, and tile flooring. It has two entry doors with the primary entry door being on the east side. The vestibule entry opens to a reception area with small lobby and an open space surrounded by five private offices, a conference room, two single-user restrooms, and a kitchenette. (Measurement per lease is 2,400, but actual measurement is a slightly larger.) The lower-level unit has an entry on the east and west side which open to a stairwell with the west side also including an elevator. The unit encompasses the entire basement. It includes several private offices, large open office areas, a kitchenette, large vault, two multi-user restrooms, and one single user restroom. The lower level also includes a utility room and elevator room. There are no windows for the lower level. This unit measures at approximately 4,850 square feet. The building could easily be utilized by one or multiple users. It could easily be converted to retail with some investment. The building is in excellent condition throughout both levels. Call for full financial details.
Property Highlights
Property Type: Commercial - Business
Building Description: 1.0 stories
Year Built: 1964
General Information
County: Whiteside
Listed By:
RE/MAX Sauk Valley
815-625-3722
MRED MLS
MLS ID: 12773035
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402 2nd Avenue , Sterling, IL 61081.
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| Loan Type | 30 Year Fixed | FHA 30 Year Fixed | 15 Year Fixed |
| Purchase Price | $750,000 | $750,000 | $750,000 |
| Down Payment | $150,000 | $26,250 | $187,500 |
| Monthly Mortgage Amount | $4,042 | $4,961 | $4,900 |
| Taxes | $1044 | $1044 | $1044 |
| Insurance | $100 | $100 | $100 |
| HOA/Dues/Fees | $0 | $0 | $0 |
| Monthly Mortage Insurance | $0 | $330 | $0 |
| Monthly Estimated Total | $5,305 | $6,554 | $6,163 |
About this area
About Sterling
Sterling, IL is a well-established city in the northwest part of the state that offers a comfortable blend of small-city charm, riverfront scenery, and modern conveniences. Nestled along the Rock River, Sterling provides residents with access to scenic parks, walking trails, and outdoor recreation while supporting a vibrant local economy and strong community infrastructure. The city features a revitalized downtown area with local shops, dining options, and community events that reflect Sterling’s pride and sense of connection. Its location allows for easy travel to nearby cities while maintaining a relaxed, approachable atmosphere.
Once known as the Hardware Capital of the World, Sterling is widely associated with manufacturing and the steel industry. This growing industrial community is surrounded by popular parks, farmland and industrial parks offering employment seekers a great place to settle.
With more than six nearby neighborhood parks, and a popular state park located a short distance away, nature exploration is a favorite past time in Sterling. The beautiful Rock River brings people out to boat, fish and play in its waters. After a day out in nature, residents love to come back to their neighborhood and enjoy town activities. Movies in the park during the Summer is a very popular event as well as grabbing a bite to eat at the Midway Diner where patrons can enjoy a classic hamburger, hot-dog, nachos and many other classic favorites. Small in boundaries, but large on activities for residents, Sterling is a great community to live in and raise a family. With seasonal festivals, a small but influential art scene, and outdoor recreation, there is something to keep everyone busy.
The real estate market in Sterling is diverse and appealing to a wide range of buyers. Residential options include classic single-family homes in established neighborhoods, many showcasing traditional Midwestern architecture, mature trees, and generous lot sizes. Buyers will also find ranch-style homes, multi-level properties, and updated residences offering modern layouts and amenities. Newer developments on the outskirts of the city provide contemporary housing with open floor plans and attached garages, appealing to families and professionals alike.
Sterling also offers opportunities for buyers seeking additional space, with properties on larger lots or in semi-rural settings just outside the city limits. Affordability is a key advantage, making the area attractive to first-time homebuyers, retirees, and those looking to maximize value without sacrificing quality of life.
With its riverfront setting, strong sense of community, and wide variety of housing options, Sterling stands out as a desirable place to live. The city combines economic stability, natural beauty, and comfortable residential living in a way that continues to draw long-term residents and newcomers alike.
If you are ready to start your home buying or selling journey, browse the latest real estate listings in Sterling, IL. You can also contact us—we are here to help!
Nearest Ruhl & Ruhl Office: Clinton
301 North Second Street
Clinton, IA 52732
(563) 441-1776
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