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    Shannon, IL

    Shannon, IL Commercial Real Estate for Sale

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    Lake Carroll, IL Pearl City, IL Forreston, IL Freeport, IL Eleroy, IL Polo, IL Mount Carroll, IL Mt Carroll, IL
    12-Unit Resort Property
    Updated: Aug 28
    12-Unit Resort Property

    24366 Payne Road, Shannon, IL 61078

    $1,200,000
    2,720 sqft 10.00 AC lot
    12 individual rental units across four duplex‑style buildings and four individual cabins
    10‑acre resort property with approximately 3.5+/- acres of open space along the south side
    Mixed‑use office/shop building with approximately 1,520 sq. ft. of shop space and 1,200 sq. ft. of living space
    Interconnected driveways, designated parking areas, walking paths, and communal shelter/pavilion
    Year‑round rental operation with more than 20 years of operating history
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    Updated Mixed-Use Property
    Updated: Sep 19
    Updated Mixed-Use Property

    13 East Market Street, Shannon, IL 61078

    $74,000
    0.09 AC lot
    Mixed‑use building with commercial space on the main level and an upstairs apartment
    Built in 1858
    Updated mechanical systems, lighting, and interior finishes
    0.09‑acre parcel at 13 East Market Street
    Upstairs apartment is currently rented
    View details
    Updated Mixed-Use Building
    Updated Mixed-Use Building

    13 E Market St, Shannon, IL 61078

    $74,000
    840 sqft

    Two-level property combining commercial space with an upstairs apartment and recent mechanical and lighting improvements.

    View details
    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 59 Potential Opportunities for your consideration. Besides 3 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.

    Self-Storage Facility with Expansion Capacity
    Self-Storage Facility with Expansion Capacity

    200-208 E North Street, Pearl City, IL 61062

    $165,000
    11,936 sqft 2.49 AC lot

    Four-building storage property with strong occupancy and room for additional building development.

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    Acre Lot Near Lake Carroll
    Acre Lot Near Lake Carroll

    23-205 Blackberry Court, Lake Carroll, IL 61046

    Contact for pricing
    1.00 AC lot

    One-acre building site with deeded marina slip for 2027.

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    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.

    View details
    Pearl City Land Opportunity
    Pearl City Land Opportunity

    2969 IL Rte 73 S Highway, Pearl City, IL 61062

    $149,000
    3.01 AC lot

    3-acre commercial land parcel in Pearl City, Illinois.

    View details

    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.

    Market St
    WAREHOUSE, STORAGE

    Market St, Shannon, IL 61078

    Estimated value:
    $250,000
    0.15 AC lot
    View details
    2 Locust St
    WAREHOUSE, STORAGE

    2 Locust St, Shannon, IL 61078-9012

    Estimated value:
    $250,000
    1,300 sqft 0.19 AC lot
    View details
    24494 Payne Rd
    FINANCIAL BUILDING

    24494 Payne Rd, Shannon, IL 61078-9251

    Estimated value:
    $290,000
    1.00 AC lot
    View details
    10 Market St
    WAREHOUSE, STORAGE

    10 Market St, Shannon, IL 61078-9400

    Estimated value:
    $245,000
    0.09 AC lot
    View details
    14 Market St
    OFFICE/RESIDENTIAL (MIXED USE)

    14 Market St, Shannon, IL 61078-9005

    Estimated value:
    $230,000
    0.02 AC lot
    View details
    10 Market St
    OFFICE/RESIDENTIAL (MIXED USE)

    10 Market St, Shannon, IL 61078-9005

    Estimated value:
    $240,000
    0.04 AC lot
    View details
    15 Market St
    MANUFACTURING (LIGHT)

    15 Market St, Shannon, IL 61078-9005

    Estimated value:
    $265,000
    0.44 AC lot
    View details
    Arch St
    WAREHOUSE, STORAGE

    Arch St, Shannon, IL 61078

    Estimated value:
    $240,000
    0.90 AC lot
    View details
    29 Market St
    RETAIL STORES (PERSONAL SERVICES)

    29 Market St, Shannon, IL 61078-9335

    Estimated value:
    $235,000
    1,540 sqft 0.12 AC lot
    View details
    5 Market St
    VACANT COMMERCIAL LAND

    5 Market St, Shannon, IL 61078-9344

    Estimated value:
    $230,000
    0.05 AC lot
    View details
    1 Broad St
    COMMERCIAL (GENERAL)

    1 Broad St, Shannon, IL 61078-9336

    Estimated value:
    $265,000
    0.28 AC lot
    View details
    17217 Il Rte 73
    COMMERCIAL (GENERAL)

    17217 Il Rte 73, Shannon, IL 61078-9216

    Estimated value:
    $255,000
    5.00 AC lot
    View details
    418 Market St
    RETAIL STORES (PERSONAL SERVICES)

    418 Market St, Shannon, IL 61078-9347

    Estimated value:
    $210,000
    0.17 AC lot
    View details
    210 Stanton St
    COMMERCIAL (GENERAL)

    210 Stanton St, Shannon, IL 61078-9325

    Estimated value:
    $325,000
    2,560 sqft 2.29 AC lot
    View details
    210 Stanton St
    WAREHOUSE, STORAGE

    210 Stanton St, Shannon, IL 61078-9325

    Estimated value:
    $280,000
    30.68 AC lot
    View details
    302 Stanton St
    WAREHOUSE, STORAGE

    302 Stanton St, Shannon, IL 61078-9312

    Estimated value:
    $245,000
    0.80 AC lot
    View details
    304 Shelly St
    MANUFACTURING (LIGHT)

    304 Shelly St, Shannon, IL 61078

    Estimated value:
    $260,000
    0.63 AC lot
    View details
    Shannon Rte
    VACANT COMMERCIAL LAND

    Shannon Rte, Shannon, IL 61078

    Estimated value:
    $240,000
    0.05 AC lot
    View details
    10 Shannon Rte
    WAREHOUSE, STORAGE

    10 Shannon Rte, Shannon, IL 61078-9361

    Estimated value:
    $230,000
    880 sqft 3.83 AC lot
    View details
    Shannon
    WAREHOUSE, STORAGE

    Shannon, Shannon, IL 61078

    Estimated value:
    $250,000
    0.10 AC lot
    View details
    24322 Payne Rd
    WAREHOUSE, STORAGE

    24322 Payne Rd, Shannon, IL 61078-9251

    Estimated value:
    $235,000
    3,888 sqft 2.50 AC lot
    View details

    Shannon, IL Commercial Real Estate Market Trends and Statistics

    Explore 55 commercial real estate for sale in Shannon, IL, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 3,560 square feet of properties for sale, with an estimated market value of $1,348,000.

    Sale prices for business properties in Shannon, IL start at $74,000, averaging $449,333, and reaching up to $1,200,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

    Shannon, IL CRE market trends — vacancy, lease rates and price per SF, updated monthly
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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 $449.3K

    Taxes & Financing

    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Carroll County

    New Delisted

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