Doug Himmelman
- Buy
- Sell
Description
Live-Work Opportunity in the Heart of Downtown: Step into a truly unique investment and lifestyle opportunity with this beautifully restored mixed-use property offering the perfect blend of commercial functionality and upscale residential living. The 1,250 sq ft main level features an inviting open-concept commercial space ideal for retail, office, studio, or service-based businesses. The layout includes a private office, handicap-accessible restroom, storage room, and a functional small commercial kitchen, providing flexibility for a wide variety of uses. Upstairs, you'll discover a stunning custom-designed two-bedroom 1,250 sq ft residence where style and comfort meet. Thoughtfully renovated with quality finishes and attention to detail, this living space offers modern amenities. Extensive renovations and updates completed within 4- 10 years create a truly turnkey property including Roof in 2026 with 10 year warranty; list available upon request. Outside, enjoy dedicated outdoor living and entertaining areas that enhance both the residential and commercial experience. Whether you're an entrepreneur seeking a live-work setup, an investor looking for income potential, or someone searching for a one-of-a-kind downtown property, this impeccably maintained building delivers exceptional versatility, modern updates, and endless possibilities. Schedule your private tour today and experience everything this remarkable property has to offer.
Property Highlights
Property Type: Residential -
Total Living Area SF: 1,250
School District: District 202
Brick Exterior
General Information
Bedrooms: 2
Bathrooms: 2
Sqft: 1,250
County: Stephenson
Listed By:
NextHome First Class
815-232-4433
MRED MLS
MLS ID: 12668376
Room Information
Bedroom 2: 7X13
Kitchen: 11X13
Living Room: 16X15
Primary Bedroom: 12X16
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113 W Railroad Street, Unit 115, Lena, IL 61048.
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563-441-1862
toll free 866-441-1862
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| Loan Type | 30 Year Fixed | FHA 30 Year Fixed | 15 Year Fixed |
| Purchase Price | $315,000 | $315,000 | $315,000 |
| Down Payment | $63,000 | $11,025 | $78,750 |
| Monthly Mortgage Amount | $1,552 | $1,879 | $1,962 |
| Taxes | $438 | $438 | $438 |
| Insurance | $100 | $100 | $100 |
| HOA/Dues/Fees | $0 | $0 | $0 |
| Monthly Mortage Insurance | $0 | $139 | $0 |
| Monthly Estimated Total | $2,090 | $2,556 | $2,500 |
Doug Himmelman
REALTOR®
Office: (563) 441-5086
Cell: (563) 271-1325
Corporate Office
5704 Utica Ridge Road
Davenport, IA 52807
(563) 441-5200
Davenport, IA 52807
(563) 441-5200
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