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    224 Main St Marseilles, IL 61341

    For Sale
    $1,100,000

    Condominium - Marseilles, IL

    Type:Condominium
    Property size:
    375,000 SF
    Days on Market:
    85
    Last Refresh:
    Dec 5 at 3:06 am

    Property Features for 224 Main St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Condominium
    Standard status
    Active
    Zoning
    INDUS
    APN
    1549443006
    Size
    375,000 SF

    Building Details

    Year built
    1930
    Architectural style
    Other

    RE/MAX Top Properties (815) 942-1133 [email protected]

    Listing agent Philip Howell (815) 942-1133 License #475119140

    Listing date Sep 12, 2025

    MLS# 12470726 Listing URL

    Copyright © 2025 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Marseilles Mixed-Use Building For Sale

    This nine-story building, constructed of brick and concrete, offers 375,000 square feet of space and views of the river. Situated in an enterprise zone with potential for TIF district designation, the property presents an opportunity for commercial or mixed-use applications. The building features heavy load floors and elevators. The interior includes a sprinkler system and flowing floor space. The building is located on approximately 4.8 acres. A survey and Phase 1 report are on file.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Industrial properties

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Marseilles
    County
    LaSalle
    State
    Illinois
    Longitude
    -88.709171
    Latitude
    41.327599

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    FAQs

    What type of property is this?
    Industrial property - Nine-story, 375,000 SF building with river views and mixed-use potential.
    Where is this industrial property located?
    The property is located at 224 Main St Marseilles, IL.
    What is the asking price?
    The asking price for this property is $1,100,000.
    What are key features of this property?
    This property features: - 375,000 sq ft brick and concrete building on approx. 4.8 acres.; - Enjoy the River views.; - Enterprise zone location with potential TIF district designation.
    (815) 942-1133
    Request Owner's contact information
    224 Main St Marseilles, IL 61341
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    Marseilles, IL 61341
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    224 Main St Marseilles, IL 61341
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