Active
$120,000
Est: $749/moGet pre-approved

508 E 3rd St, Sterling, IL 61081

Mixed UseProperty Type
0.14 acresLot Size
1960Year Built
374 days on Market
  • Listed by: JD Gieson 815.677.1873 jdgieson15@gmail.com • RE/MAX of Rock Valley
Last updated: 09/24/2026 02:27 PM • Source: MRED as distributed by MLS GRID, MLS#: 12496847
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Location

Listing Courtesy of RE/MAX of Rock Valley
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$749 per month

30 year fixed, 7.03% Interest

Principal and Interest

$641

Property Taxes

$108

HOA Dues

$0

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Property Information for 508 East 3rd Street

Property Details

  • Taxes: $1,297 / year
  • MLS Type: Commercial Sale
  • Area: Sterling
  • Air Conditioning Type: Central Air
  • Zoning: COMMR

Building Information

  • Stories: 1
  • Residences: 1
  • Year Built: 1960
  • Lot Size: 0.14 AC / 6,000 SF

General Information

Addtl Parking Information
  • Outdoor Parking: 6-12 Spaces
Location and General Information
  • Frontage Type: City Street
  • Geographic Locale: Out of Area
  • Information: None
Taxes and HOA Information
  • Additional Parcels: No

Property Information

Interior Features
  • Air Conditioning: Central Air
  • Electric: Circuit Breakers
  • Heat/Ventilation: Forced Air
  • Misc Inside: Private Restroom/s
  • Num of Baths: 0.0
Exterior Features
  • # Of Apts: 0
Property/Lot Information
  • Built Before 1978: Yes
  • Approximate Age: Older
  • Lot Dimensions: 60 x 100
  • Lot Size Square Feet: 6000.0
  • Stories: 1
  • Exterior Building Type: Block
  • Construction: Block
  • Roof Type: Rubber
  • Fire Protection: Fire Extinguisher/s
  • Roof Structure: Flat
  • Building Area Total: 1251
  • # Of Offices: 0
  • # Of Stores: 1
  • Property Sub Type: Mixed Use
Property and Assessments
  • Possible Use: Commercial, Retail, Other
  • Public Document Count: 0
  • Property Offered: For Sale Only
  • Photos Count: 6
Miscellaneous
  • Current Use: Commercial
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No

Multi Family

Multi-Family Information
  • Number Of Units Total: 1
Income & Expenses
  • Electric Expense: $.00
  • Fuel Expense: $.00
  • Gross Income: $.00
  • Gross Scheduled Income: $.00
  • Insurance Expense: $.00
  • Total Monthly Income: 0
  • Operating Expense: $.00
  • Other Expense: $.00
  • Trash Expense: $.00
  • Water Sewer Expense: $.00

Property History for 508 East 3rd Street

DateEvent & SourcePriceAppreciation
Sep 17, 2026

Price Change

MRED #12496847

$120,000
—
Sep 17, 2026

Listed (Active)

MRED #12496847

—
—
Sep 15, 2026

Expired

MRED #12496847

$124,900
—
DateEvent & SourcePrice
09/17/2026

Price Change

MRED #12496847

$120,000
09/17/2026

Listed (Active)

MRED #12496847

—
09/15/2026

Expired

MRED #12496847

$124,900

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 508 East 3rd Street

Taxable Value

Land

$4,253

Additions

$8,182
Total$12,435

Tax Record

2025

$1,263 ($105 / month)

Home Facts

Lot Size

6,000 SqFt

Style

Miscellaneous Commercial

County

WHITESIDE

APN

1122351007

Schools near 508 East 3rd Street

This home is within Sterling Community Unit School District 5.
Rating
School
Type
Grades
Distance
Public - PK to 2
Public - 6 to 8
Public - 9 to 12
Public - 3 to 5
Rating
School
Distance
Franklin Elementary School
PublicPK to 2

Challand Middle School
Public6 to 8

Sterling High School
Public9 to 12

Washington Elementary School
Public3 to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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508 East 3rd Street is a mixed use property for sale in Sterling, IL 61081. This property was listed for sale on October 15, 2025 by RE/MAX of Rock Valley, it's currently listed at $120,000. It has been on the market for a total of 374 days and was last sold on July 17, 2025. This listing's school district is Sterling Community Unit School District 5. Nearby schools include Franklin Elementary School, Challand Middle School and Sterling High School. 508 East 3rd Street is a 0-bed, 0-bath mixed use property built in 1960.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of RE/MAX of Rock Valley

Based on information from one of the following Multiple Listing Services: Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 09/24/2026 02:27 PM. 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.