Colfax IL Real Estate & Commercial for Sale

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Beds:
n/a
Baths:
Sq.Ft.:
1,785
Status:
Active
MLS#:
12756700
Type:
Mixed Use
Lot size:
0.05 Acres
Year built:
1894
A broker reciprocity listing Courtesy: Keller Williams Revolution 309-834-3400
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ADDITIONAL INFORMATION

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.

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Andrea D. Conner, License 471020674, Xome Inc., License 478026347, [email protected], 844-400-XOME (9663), 750 Highway 121 Bypass, Ste 100, Lewisville, TX 75067


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Colfax Real Estate

Colfax is located in Illinois. Colfax, Illinois has a population of 1,076. Colfax is less family-centric than the surrounding county with 29.46% of the households containing married families with children. The county average for households married with children is 33.65%.

The median household income in Colfax, Illinois is $62,798. The median household income for the surrounding county is $70,339 compared to the national median of $69,021. The median age of people living in Colfax is 34.1 years.

Colfax Weather

The average high temperature in July is 84.4 degrees, with an average low temperature in January of 16.3 degrees. The average rainfall is approximately 36.8 inches per year, with 16.7 inches of snow per year.

Colfax Map

Colfax Real Estate Market Conditions

  • Median sales price

    $405,000
    16.3%
    change since last quarter
  • # Active listings

    12
    30-day change

Colfax Schools and Demographics

Education near Colfax, IL

City County
High School Graduates 95.87 95.99
College Degree - 2 year 10.11 7.92
College Degree - 4 year 22.36 45.61
Graduate Degree 6.59 11.38
Expenditures per Student 16,974 16,974
Students per Teacher 13.2 13.2

Elementary Schools near Colfax, IL

Grades Students P/T Ratio ZIP
Chenoa Elementary School PK - 04 179 11.3 61726
Lexington Elementary School PK - 06 285 13.3 61753
Ridgeview Elementary School PK - 05 314 15.7 61728
Towanda Elementary School KG - 05 182 17.5 61776
Westview Elementary School PK - 04 410 15.5 61739

Middle Schools near Colfax, IL

Grades Students P/T Ratio ZIP
Lexington Junior High School 07 - 08 72 14.4 61753
Ridgeview Junior High School 06 - 08 132 22 61728

High Schools near Colfax, IL

Grades Students P/T Ratio ZIP
Lexington High School 09 - 12 150 8.8 61753
Prairie Central High School 09 - 12 626 13 61739
Ridgeview High School 09 - 12 153 8.5 61728

Demographics near Colfax, IL

City County
Neighborhood Type Suburban
Population 1,076 171,455
Population Density 1,960 145
Median Age 34.1 33.6
People per Household 2.9 2.4
Median Household Income 62,798 70,339
Average Income per Capita 34,559 36,815

Real estate near Colfax