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Multi-Tenant Retail Center
For Sale
$2,930,000

109 N Main St Canton, Canton, IL 61520

A multi-tenant commercial property situated in Canton, Illinois.

Property Size28,683 SF
Price / SF$2,031
Days on Market8

Property Features for 109 N Main St Canton

General Information

Standard status Active
Size 28,683 SF
Property subtype Shopping Strip

Additional Details

Cap Rate 8.25%

Amenities

95 Percent Occupied Multi-Tenant Retail Strip
Anchored by Taco Bell, Goodwill and H&R Block
Embedded Annual Rent Growth | 48 Percent of the GLA has Annual Rent Increases
Upside Opportunity in Converting 85 Percent of the GLA to Triple-Net Leases
Minimal Near-Term Lease Rollover Risk | 57 Percent of the GLA is Leased until at least 2029

Building Details

Building Size 28,683 SF
Year Built 1979
Tenancy Multi
Listed By: Luke Marsh · License #License(s): IN: RB25000950
Source: Marcusmillichap
Added: Sep 28 Changed: Sep 29 Last Checked: Oct 4 at 6:10AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Luke Marsh

Investment Insights

Based on property information with market context.

This retail center at 109 N Main St in Canton, Illinois, was built in 1979. Its multi-tenant configuration supports separate retail occupancy within one center.

Key Highlights

  • Multi‑tenant retail center
  • Built in 1979
  • 1,442 SF property in Canton, Illinois

Property Analytics

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Open Analytics

Current Use

Strip malls

Suggested Use

Top Pick Real Estate Agency Building Supply Big Box & Wholesale Store Restaurant HVAC Service Hair Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

13
Businesses Nearby

Demographics for 61520, IL

16,156
Population
7,301
Households
2.2
Avg Household Size
43
Median Age
16%
College-Educated
89%
High-School Grad
152.0 sq mi
ZIP Area
106
Density / Sq Mi
$56,618
Median Household Income
$35,240
Median Earnings
$814
Median Rent
$116,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
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Frequently Asked Questions

What type of property is this?
Strip mall - A multi-tenant commercial property situated in Canton, Illinois.
Where is this strip mall located?
The property is located at 109 N Main St Canton Canton, IL.
What is the asking price?
The asking price for this property is $2,930,000.
What are key features of this property?
This property features: Multi‑tenant retail center; Built in 1979; 1,442 SF property in Canton, Illinois
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