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Updated Mixed-Use Property
For Sale
$74,000

13 East Market Street, Shannon, IL 61078

Shannon, IL

Property SizeContact for details
Lot Size0.09 Acres
Days on Market9

Property Features for 13 East Market Street

General Information

Property type Commercial Sale
Property subtype Other
Standard status Active
Lot size 0.09 Acres

Building Details

Year built 1858
Listing Agency: NextHome First Class
Listed By: Kimberly Taylor · License #471013351
Added: Sep 19 Last Checked: Sep 27 at 3:06AM
MLS# 12591739

Copyright © 2026 NextHome, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

Built in 1858, this mixed-use property at 13 East Market Street combines a commercial storefront with residential space above. The main level has been arranged for retail, office, or service-oriented use, with updated mechanical systems, contemporary lighting, and refreshed interior finishes.

The upstairs apartment is currently rented, adding a residential component to the property. The 0.09-acre parcel is located in Shannon, Illinois, within ZIP code 61078. The combination of commercial and residential space supports a range of owner-user and income-producing property strategies without separating the two uses across different buildings.

Key Highlights

  • Mixed‑use building with commercial space on the main level and an upstairs apartment
  • Built in 1858
  • Updated mechanical systems, lighting, and interior finishes

Property Analytics

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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.

Lease Details

1
Residential units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

85
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
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
Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Main-level commercial space is paired with an upstairs apartment in a small-town setting.
Where is this mixed-use property located?
The property is located at 13 East Market Street Shannon, IL.
What is the asking price?
The asking price for this property is $74,000.
What are key features of this property?
This property features: Mixed‑use building with commercial space on the main level and an upstairs apartment; Built in 1858; Updated mechanical systems, lighting, and interior finishes
More about this property
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