Artur Tobolski - Chicagoland Brokers Inc Logo
$175,000
( $98.04Per Sq Foot )
 $939 est/mo Sourced by Back At You

103 S Center Street,Colfax, IL 61728

Colfax, IL 61728

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Description

Turn-key opportunity in the heart of Colfax! Located at 103 S. Center Street, this unique mixed-use property offers the chance to own an established ice cream shop along with an updated residential space above. The main level is currently operating as an ice cream shop, with appliances and equipment included in the sale, allowing a new owner the opportunity to step in and continue operations. The commercial space also features a newer furnace, brand-new split-unit air conditioning, and automatic interior window shades. Upstairs, you'll find an updated three-bedroom apartment offering excellent flexibility for an owner-occupant, rental income, or additional investment potential. The space also offers the ability for two full bathrooms. Whether you've dreamed of owning your own small-town business, are looking for a live/work property, or want to add a mixed-use investment to your portfolio, this property offers a rare combination of commercial and residential potential.

Details

MLS #12756700
Listing TypeFor Sale
StyleMixed Use
Sub-TypeResale
StatusActive
Year1894
Days On Site26
Listing Provided ByKeller Williams Revolution | Ryan Leake

Features

SQ Feet1,785
Story(s)2
Units1
ZoningCOMMR

Interior

CoolingZoned

Exterior

RoofMetal
Foundation DetailsOther
Construction MaterialsBrick

Utilities

UtilitiesSewer Connected
ElectricCircuit Breakers

Taxes

Tax Year2025
Tax Annual Amount1572.7

Area Information

StateIL
CountyMcLean
CityColfax
Zip Code61728
AreaColfax
Listing VS Median (in 61728)
Price:
$175,000
low | high
Med:
$250,000
7.142857142857% of Average
sqft:
1,785
low | high
Med:
3,030
19.747899159664% of Average
$ / sqft:
$98
low | high
Med:
$83
65.841584158416% of Average
On site:
26
low | high
Med:
94
27.659574468085% of Average
Sourced by Back At You

Market Activity 61728

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Learn More About This Property

Artur Tobolski

Artur Tobolski

Chicagoland Brokers Inc

475.174013 (773) 968-1100tobart1991@gmail.com
StateIL
CountyMcLean
CityColfax
Zip Code61728
AreaColfax
Listing VS Median (in 61728)
Price:
$175,000
low | high
Med:
$250,000
7.142857142857% of Average
sqft:
1,785
low | high
Med:
3,030
19.747899159664% of Average
$ / sqft:
$98
low | high
Med:
$83
65.841584158416% of Average
On site:
26
low | high
Med:
94
27.659574468085% of Average
Sourced by Back At You
Nearby Listings (Within 1/2 mile)
Price: $131K - $218K
sqft: 1,000 - 2,000
Nearby Listings Property ImageNearby Listings Details
506 E Fifer Street Property Photo 1
$180,000
506 E Fifer Street
Colfax, IL 61728
Listing Updated: September 28, 2026 at 5:49:40 PM PDT

Artur Tobolski - Chicagoland Brokers Inc