Sign up to get new listings emailed daily! JOIN SIGN IN
Pat Bellinghiere
Managing Broker
REALTOR®, SFB
(815) 871-1745

154-156 E Railroad Street, Leland, IL 60531

$259,900
  • 154-156 E Railroad Street, Leland, IL 60531 Main Photo

31 Total Photos [Click to View All]

New to the Market New
MLS#12739298
STATUSNew PROPERTY TYPECommercial - Business

Property Description

Get started investing or add this mixed use investment property to your portfolio. Located in downtown Leland this building features a first floor retail space as well as two apartments. There is a one bedroom one bath apartment on first floor and a two bedroom one bath apartment on the second floor. Building updates include new windows and new insulation plus a new roof was installed just 2 years ago. Both apartments have been completely updated with new LVP flooring, new drywall, doors, bathroom fixtures and vanities, kitchen cabinets and appliances. The first floor apartment has laundry in the unit, a separate kitchen and a nice sized family room. This unit also has access to the backyard with a fenced in area. The second floor apartment features soaring vaulted ceilings in the primary bedroom and family room. The first floor retail unit is approximately 900 sf. There is a good sized showroom upfront with display windows, a backroom, a kitchenette and a full bathroom with a shower. The building also has a full basement. Each unit is separately metered for electricity. There is one water meter and one gas meter. The retail unit and second floor apartment are occupied by the same tenant. The owner occupies the first floor apartment and will vacate upon sale making this a great opportunity for an owner occupant. This property is being sold as-is.

154-156 E Railroad Street | MLS# 12739298

This commercial property located at 154-156 E Railroad Street, Leland, IL 60531 is currently listed for sale with an asking price of $259,900. Search Leland real estate on pbellinghiere.gogambino.com today.

Property Features

Property Type: Commercial - Business
Cooling: None
Lot Size: 0.09 Acres
Stories: 2.0
Taxes: $1,373
Year Built: 1891

Feature Descriptions

Current Use: Commercial
Electric: Circuit Breakers, Separate Meters
Exterior: Brick, Block
Fire Protection: Carbon Monoxide Detector(s)
Flooring: Vinyl
HVAC: Electric
Lot Dimensions: 27x138x28x138
Miscellaneous Indoor: Basement
Parcel#: 0408208002
Units: 3

Listed By / Shown By

Listed By

Agency Name: Coldwell Banker Real Estate Group
Agency Phone: 630-232-6900

Shown By

Agent Name: Pat Bellinghiere
Agent Phone: (815) 871-1745
Agency Title: Gambino Realtors

IDX logo

Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 08/21/2026. The listing information on this page last changed on 08/21/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Fri 08/21/2026 10:18:58 AM EST) or MRED MLS (last updated Fri 08/21/2026 10:12:14 AM EST) or Rockford Board of Realtors (NWIAR) (last updated Fri 08/21/2026 10:16:52 AM EST) or Northern Illinois Commercial Association Realtors (last updated Thu 08/20/2026 2:10:14 PM EST). Real estate listings held by brokerage firms other than Gambino Realtors may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.

Listing data and photos distributed by MLSGRID
Member Participants (and their affiliated licensees, if applicable) shall indicate on their websites that IDX information is provided exclusively for consumers’ personal non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID, and that the use of the MLS GRID Data may be subject to an end user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time. MLS GRID may, at its discretion, require use of other disclaimers as necessary to protect Member Participant, and/or their MLS from liability.
Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.



Privacy Policy / DMCA Notice / ADA Accessibility

Login to My Homefinder