Updated Neighborhood Shopping
For Sale
Contact for pricing
Pending
1302 N Michigan Ave, Marshall, IL 62441
Retail center with refreshed exterior elements, improved parking, illuminated walkways, updated signage, and several HVAC units.
Property SizeContact for details
Days on Market143
Property Features for 1302 N Michigan Ave
General Information
Standard status
Pending
Property subtype
Mixed Use, Office, Special Purpose
Site & Location
Traffic Count
8,900 vehicles/day
Highway Access
Yes
Amenities
new facade
freshly paved parking lot
modern rain gutters
pressure washing
lit walkways
updated signage
new HVAC units
Building Details
Tenancy
Multi
Listing Agency:
Coldwell Banker Commercial Devonshire Realty
(217) 918-0871
Listed By:
Larry Kuchefski · License #IL
Source:
Crexi
Added: Apr 11
Changed: Aug 30
Last Checked: Aug 30 at 11:41PM
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 Coldwell Banker Commercial Devonshire Realty
Investment Insights
Based on property information with market context.
This neighborhood shopping center has served the Marshall market since 1980 and features a varied tenant mix of chain retailers and independent businesses. Recent property improvements include a new façade, resurfaced parking lot, rain gutters, pressure washing, illuminated walkways, updated signage, and several installed HVAC units.
The center is located at 1302 N Michigan Ave, the town’s primary north-south route, with reported daily traffic of 8,900 vehicles. It is approximately 1.25 miles north of I-74 and 0.65 miles south of downtown, providing access from Marshall and surrounding rural areas.
The center is located at 1302 N Michigan Ave, the town’s primary north-south route, with reported daily traffic of 8,900 vehicles. It is approximately 1.25 miles north of I-74 and 0.65 miles south of downtown, providing access from Marshall and surrounding rural areas.
Key Highlights
- Established retail center serving the market since 1980
- Located on Michigan Avenue (St. Rt. 1), Marshall’s main north‑south corridor
- Reported daily traffic volume of 8,900 vehicles
Property Analytics
Current Use
Lease Details
8,900 VPD
Traffic count
Multi-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
86
Businesses Nearby
22k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 97%
Electronics 3%
Casey's General Store
Shops & Services
19,146 visits/mo
0.1 miles
Super Wash
Shops & Services
1,471 visits/mo
0.1 miles
Owen Ford
Shops & Services
1,089 visits/mo
0.0 miles
Verizon
Electronics
758 visits/mo
0.2 miles
Demographics for 62441, IL
7,236
Population
3,290
Households
2.2
Avg Household Size
43
Median Age
29%
College-Educated
94%
High-School Grad
176.9 sq mi
ZIP Area
41
Density / Sq Mi
$80,218
Median Household Income
$47,561
Median Earnings
$855
Median Rent
$139,800
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Shopping center - Retail center with refreshed exterior elements, improved parking, illuminated walkways, updated signage, and several HVAC units.
Where is this shopping center located?
The property is located at 1302 N Michigan Ave Marshall, IL.
What are key features of this property?
This property features: Established retail center serving the market since 1980; Located on Michigan Avenue (St. Rt. 1), Marshall’s main north‑south corridor; Reported daily traffic volume of 8,900 vehicles
