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Updated Mixed-Use Property
For Sale
$77,500

13 E Market Street, Shannon, IL 61078

Two-level property combines commercial space with an upstairs apartment in a small-town setting.

Property Size840 SF
Price / SF$92.26
Days on Market160

Property Features for 13 E Market Street

General Information

Standard status Active
Size 840 SF
Property subtype Commercial
Zoning COMMR

Taxes and HOA fees

Annual Taxes $820

Building Details

Building Size 840 SF
Year Built 1858
Stories 2
Units 2
Listing Agency: NextHome First Class
Listed By: Kimberly Taylor · License #471013351
Source: Gia-sells
Added: Mar 16 Changed: Aug 22 Last Checked: Aug 22 at 4:39AM

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 NextHome First Class

Investment Insights

Based on property information with market context.

This mixed-use property at 13 E Market Street includes 840 square feet across two levels and dates to 1858. The main floor is configured as commercial space suitable for retail, office, or service-oriented use. Recent improvements include updated mechanical systems, modern lighting, and refreshed interior finishes.

An apartment occupies the upper level and is currently rented, adding a residential component to the property. The building is located in Shannon, Illinois, and carries COMMR zoning. Its combination of commercial and residential space supports a range of owner-user or investment-oriented applications without relying on a single-use layout.

Key Highlights

  • 840‑square‑foot mixed‑use property at 13 E Market Street
  • Two‑level layout with commercial space on the main floor and an upstairs apartment
  • Main‑level space supports retail, office, or service‑based use

Property Analytics

Current Use

Small Town Roots ... Hair Salon

Suggested Use

Top Pick Auto Repair Shop Plumbing Service Storage Facility (Bike/Boat/Book/etc) Store Catering Service Big Box & Wholesale Store

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

84
Businesses Nearby
9k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 100%
Casey's General Store Shops & Services
8,620 visits/mo 0.4 miles

Demographics for 61078, IL

1,388
Population
626
Households
2.2
Avg Household Size
42
Median Age
18%
College-Educated
95%
High-School Grad
55.4 sq mi
ZIP Area
25
Density / Sq Mi
$75,150
Median Household Income
$34,097
Median Earnings
$733
Median Rent
$128,500
Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

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

What type of property is this?
Mixed-use property - Two-level property combines commercial space with an upstairs apartment in a small-town setting.
Where is this mixed-use property located?
The property is located at 13 E Market Street Shannon, IL.
What is the asking price?
The asking price for this property is $77,500.
What are key features of this property?
This property features: 840‑square‑foot mixed‑use property at 13 E Market Street; Two‑level layout with commercial space on the main floor and an upstairs apartment; Main‑level space supports retail, office, or service‑based use
More about this property
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