Listing Agency: BARBERMurphy t***@barbermurphy.com Show Phone

Listed By: Anthony Smallmon Show Phone

Source: Moodyscre

Added: Dec 19, 2024 Changed: Jul 10 Last Checked: Jul 21 at 4:13AM

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Investment Insights

Based on property information with market context.

This one-acre commercial lot is located in Downtown Shiloh, Illinois. The property consists of two parcels with an approved strip center plan by The Village of Shiloh. The owner will consider a build-to-suit arrangement. The new building suites will be divisible at 1,600 square feet. The property features an 8,000 total square feet office/retail center with 5 suites, each 1,600 square feet, but the square footage can be adjusted based on tenant needs. Each suite has a covered entry and 12' ceilings. White box finish is available, or the landlord will finish-to-suit. Suite 1 has a prime layout for restaurant use with a planned 1,000 square foot covered patio area for outdoor dining. The end cap unit includes a covered outside patio for potential restaurant space.

Key Highlights

• Approved strip center plan on a one‑acre commercial lot in Downtown Shiloh, Illinois.
• 8,000 total SF office/retail center with 5 suites divisible at 1,600 SF, adjustable based on tenant needs.
• End cap unit includes a covered outside patio, ideal for a restaurant.

Property Analytics

Property Profile

Current Use

Strip malls

Suggested Use

Top Pick HVAC Service (Bike/Boat/Book/etc) Store Daycare Center Grocery & Convenience Store Garden Center Electrical Service

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

Location Intelligence

Trade Area within ½ mile

115

Businesses Nearby

Explore this area Business Placement

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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What type of property is this? Where is this strip malls located? What is the asking price? Find similar properties ... What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Strip mall - One-acre commercial lot with approved strip center plan.

Where is this strip mall located?

The property is located at 121 S Main St Shiloh, IL.

What is the asking price?

The asking price for this property is $650,000.

What are key features of this property?

This property features: Approved strip center plan on a one‑acre commercial lot in Downtown Shiloh, Illinois.; 8,000 total SF office/retail center with 5 suites divisible at 1,600 SF, adjustable based on tenant needs.; End cap unit includes a covered outside patio, ideal for a restaurant.