518 Depot Street — Mazon, IL 60444
Active
Mazon, IL 60444

518 Depot Street

$250,000
0 beds · 0 baths
Listed at $250,000 171 days on market $6,625/yr taxes
01About this home

PRIME DOWNTOWN MAZON COMMERCIAL BUILDING WITH 4 RENTED APARTMENTS! Attention investors and entrepreneurs-this is a fantastic opportunity to own a well-maintained mixed-use building in the heart of downtown Mazon, offering strong rental income and endless business potential. The main level features approximately 3,000 square feet of commercial space divided into two large storefronts with tall ceilings, great display windows, and separate entrances from Depot Street and the rear parking lot. Each space includes large open space, storage areas, and bathrooms. The layout offers flexibility for retail, office, bar and grill, restaurant, or gaming use, with most of the infrastructure and plumbing already in place to accommodate food service. The roof was replaced in 2024, providing peace of mind for the next owner. Upstairs are four fully rented residential apartments-two 2-bedroom and two 1-bedroom units-with three of the four apartments updated within the past 18 months. All tenants pay their own utilities, and the current monthly residential rental income totals $3,650. Each unit has its own separate electric and water service. The building has some updated plumbing, 400-amp electrical service, and uses city water and sewer. Off-street parking is available in the rear of the building. This property offers both reliable income and significant upside potential. The B-1 zoning allows for a wide variety of business uses, making it ideal for anyone seeking a strong investment property or a live/work opportunity. Whether you're looking to open your own business on the first floor while collecting rent from the apartments above or simply seeking a steady cash-flowing investment, this building delivers on all fronts. Do not disturb tenants. Call or email for full income and expense details or to schedule a private showing.

02Inside the home
03By the numbers
$250,000
List price
Square feet
Bedrooms
Bathrooms
1900
Year built
Lot size
Garage spaces
$6,625
Annual taxes
Mixed Use
Style
171
Days on market
04Features
Cooling
Central AirWindow Unit(s)
Construction
BrickWood
05Neighborhood
  • Nothing surfaced nearby in our maps data.
  • Minit Mart 0.3 mi
  • Casey's General Store 0.3 mi
  • Mazon Centennial Park 0.2 mi
  • Nothing surfaced nearby in our maps data.
POI data via Mapbox · OpenStreetMap contributors
06History

Every event we have for this address, straight from the MLS.

Nov 6, 2025
Listed for saleThis listing
Keller Williams Infinity
$250,000
Sourced from MRED. Older events appear here as our history backfill completes.
07Ask Dwello

Real answers about this home — pricing, schools, what to ask, anything.

08See it for yourself

Stand in the kitchen.
See the light at 4pm.

Photos can only do so much. Pick a time — we'll meet you at the door.

Connect with Ewelina, Anna, or Nadeem — real people on our team, no call centers.
09Similar homes
Listed by Keller Williams Infinity · Christy Schmaedeke · 815-693-5757
MLS data provided through MLS GRID · MRED MLS · MLS# MRD12511730
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