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Highway Retail Opportunity on 2 Acres
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18843 IL Route 54, De Witt, IL

Retail property with development potential near Clinton Lake.

Property Size1,200 SF
Lot Size0.61 Acres
Price / SF$132.50
Days on Market955

Property Features for 18843 IL Route 54

General Information

Standard status Active
Size 1,200 SF
Lot size 0.61 Acres
Property subtype RETAIL
Listing Agency: SVN | Core 3
Listed By: Jill Spratt · License #471022624
Source: Moodyscre
Added: Dec 20, 2023 Changed: Jul 6 Last Checked: Jul 21 at 4:41AM

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 SVN | Core 3

Investment Insights

Based on property information with market context.

This property presents a unique business opportunity located off Highway 54. Previously a bait and tackle shop, the property can be transformed to suit various business needs. The site includes over 2 acres of land, offering ample parking space and the potential for constructing additional buildings. A 30x40 building, constructed in 2012, features an open retail floor plan. An additional building on the property provides approximately 2300 square feet of space. Situated on IL 54, a high-traffic road, the location benefits from its proximity to Clinton Lake and several surrounding rural towns, including Clinton.

Key Highlights

  • High‑traffic location on Highway 54 near Clinton Lake.
  • Over 2 acres of land with room for parking or expansion.
  • 30x40 building (built in 2012) with open retail floor plan.**

Property Analytics

Current Use

Retail space

Location Intelligence

Trade Area within ½ mile

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?
Retail space - Retail property with development potential near Clinton Lake.
Where is this retail space located?
The property is located at 18843 IL Route 54 De Witt, IL.
What is the asking price?
The asking price for this property is $159,000.
What are key features of this property?
This property features: High‑traffic location on Highway 54 near Clinton Lake.; Over 2 acres of land with room for parking or expansion.; 30x40 building (built in 2012) with open retail floor plan.**
(217) 722-3584 Call to check price and availability
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