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Shannon, IL

Shannon, IL Commercial Real Estate for Sale

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Lake Carroll, IL Baileyville, IL Pearl City, IL

Mixed-Use Retail Office and Garage

Updated: Mar 23

Mixed-Use Retail Office and Garage

21 E Market Street, Shannon, IL 61078

$57,000

640 sqft · 0.07 AC lot

Approx. 640 SF retail/office space plus 1,120 SF garage/warehouse space in a downtown building along IL Route 72 in Shannon
Rear alley access to the garage/warehouse via a roll‑up overhead door and a separate walk‑in entrance
Recent updates include a commercial gas furnace and new plumbing stubbed in for a future half bathroom
Roof includes metal and shingle materials; flooring includes concrete and wood
Built in 1893 with forced‑air heating and natural gas heat

Updated Commercial Property with Apartment

Updated: Mar 16

Updated Commercial Property with Apartment

13 East Market Street, Shannon, IL 61078

$89,900

Income‑generating apartment currently rented at $640/month.
Updated mechanicals and modern lighting.
Versatile commercial space suitable for retail, office, or service‑based businesses.
Tasteful interior design.
Charming, well‑maintained property with classic character.

Shannon Commercial Property For Sale

Shannon Commercial Property For Sale

13 E Market Street, Shannon, IL 61078

$89,900

Commercial property available in Shannon, Illinois.

Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center

Commercial Land on IL Rt 72

Commercial Land on IL Rt 72

21 E Market Street, Shannon, IL 61078

$57,000

Commercial land available on IL Rt 72 in Shannon, IL.

Based on your search, we've compiled 60 Potential Opportunities for your consideration. Besides 4 Active listings in Shannon, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 52 Off-Market properties to explore as potential leads

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Grocery and Convenience Retail Store

Grocery and Convenience Retail Store

21-78 Lake Carroll Boulevard, Lanark, IL 61046

$850,000

For sale grocery and convenience retail asset in Lanark, Illinois, suited for everyday neighborhood shopping.

LAND - LANARK, IL

LAND - LANARK, IL

10279 Flory Road, Lanark, IL 61046

$135,000

5.04 AC lot

Hunting land · 5.04 Acres

Lake Carroll Golf Course Lot

Lake Carroll Golf Course Lot

23-7 Lake Carroll Boulevard, Lake Carroll, IL 61046

Contact for pricing

2.02 AC lot

Two-acre buildable lot in a private lake community.

Land Near Lake Carroll

Land Near Lake Carroll

12-124R Briarwood Drive, Lake Carroll, IL 61046

Contact for pricing

0.77 AC lot

0.77 acre parcel near lake, amenities, and marina.

Off-Market Properties in Shannon, IL

Consider similar Off-Market properties in Shannon, IL. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

WAREHOUSE, STORAGE

Market St, Shannon, IL 61078

Value Estimation by Request

0.15 AC lot

WAREHOUSE, STORAGE

2 Locust St, Shannon, IL 61078-9012

Value Estimation by Request

1,300 sqft · 0.19 AC lot

FINANCIAL BUILDING

24494 Payne Rd, Shannon, IL 61078-9251

Value Estimation by Request

1.00 AC lot

WAREHOUSE, STORAGE

10 Market St, Shannon, IL 61078-9400

Value Estimation by Request

0.09 AC lot

OFFICE/RESIDENTIAL (MIXED USE)

14 Market St, Shannon, IL 61078-9005

Value Estimation by Request

0.02 AC lot

OFFICE/RESIDENTIAL (MIXED USE)

10 Market St, Shannon, IL 61078-9005

Value Estimation by Request

0.04 AC lot

MANUFACTURING (LIGHT)

15 Market St, Shannon, IL 61078-9005

Value Estimation by Request

0.44 AC lot

WAREHOUSE, STORAGE

Arch St, Shannon, IL 61078

Value Estimation by Request

0.90 AC lot

RETAIL STORES (PERSONAL SERVICES)

29 Market St, Shannon, IL 61078-9335

Value Estimation by Request

1,540 sqft · 0.12 AC lot

VACANT COMMERCIAL LAND

5 Market St, Shannon, IL 61078-9344

Value Estimation by Request

0.05 AC lot

COMMERCIAL (GENERAL)

1 Broad St, Shannon, IL 61078-9336

Value Estimation by Request

0.28 AC lot

17217 Il Rte 73

COMMERCIAL (GENERAL)

17217 Il Rte 73, Shannon, IL 61078-9216

Value Estimation by Request

5.00 AC lot

RETAIL STORES (PERSONAL SERVICES)

418 Market St, Shannon, IL 61078-9347

Value Estimation by Request

0.17 AC lot

COMMERCIAL (GENERAL)

210 Stanton St, Shannon, IL 61078-9325

Value Estimation by Request

2,560 sqft · 2.29 AC lot

WAREHOUSE, STORAGE

210 Stanton St, Shannon, IL 61078-9325

Value Estimation by Request

30.68 AC lot

WAREHOUSE, STORAGE

302 Stanton St, Shannon, IL 61078-9312

Value Estimation by Request

0.80 AC lot

MANUFACTURING (LIGHT)

304 Shelly St, Shannon, IL 61078

Value Estimation by Request

0.63 AC lot

VACANT COMMERCIAL LAND

Shannon Rte, Shannon, IL 61078

Value Estimation by Request

0.05 AC lot

WAREHOUSE, STORAGE

10 Shannon Rte, Shannon, IL 61078-9361

Value Estimation by Request

880 sqft · 3.83 AC lot

WAREHOUSE, STORAGE

Shannon, Shannon, IL 61078

Value Estimation by Request

0.10 AC lot

Shannon, IL Commercial Real Estate Market Trends and Statistics

Explore 56 commercial real estate for sale in Shannon, IL, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 640 square feet of properties for sale, with an estimated market value of $57,000.

Sale prices for business properties in Shannon, IL start at $57,000, averaging $57,000, and reaching up to $57,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Demographics Overview

Population 1,411

Population Growth (5Y) +12.6%

Median Household Income $75,150

College Educated 23.2%

High-Yield Neighborhoods for Investment

Identify Shannon submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood	Average Price
61078	$74.2K

Taxes & Financing

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Carroll County

New Delisted

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