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.
Property Details
Price:
$175,000
MLS #:
MRD12756700
Status:
Active
Beds:
0
Baths:
0
Type:
Commercial
Subtype:
Mixed Use
Neighborhood:
colfax
Listed Date:
Sep 14, 2026
Total Sq Ft:
1,785
Year Built:
1894
See this Listing
Schools
Interior
Cooling
Zoned
Exterior
Construction Materials
Brick
Roof
Metal
Stories
2
Financial
Tax Year
2025
Taxes
$1,573
Map
Community
- Address103 S center Street Colfax IL
- CityColfax
- CountyMcLean
- Zip Code61728
Market Summary
Current real estate data for Commercial in Colfax as of Oct 08, 2026
1
Commercial Listed
24
Avg DOM
$175,000
Avg List Price
Property Summary
- 103 S center Street Colfax IL is a Commercial for sale in Colfax, IL, 61728. It is listed for $175,000
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Copyright 2026. All rights reserved.
103 S center Street
Colfax, IL

