Building Details

Year Renovated 2014

Buildings 1

Stories 1

Listing Agency: RE/MAX Properties t***@remax.net Show Phone

Listed By: Tony Lape · License #76367762 Show Phone

Source: Exprealty

Added: Jun 16 Changed: Aug 9 Last Checked: Aug 10 at 7:37AM

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Investment Insights

Based on property information with market context.

This single-level office building was configured as a commercial duplex, with two sides served by a shared kitchenette and bathroom. The property underwent a full renovation in 2014 that included HVAC, flooring, paint, trim, and a digital sign. A replacement roof was added in 2017.

The building is located on W Main Street within Shelbyville’s commercial district, with frontage along Route 16/128. Its existing office configuration and potential drive-through access provide flexibility for a range of commercial uses.

Key Highlights

• Single‑level commercial duplex configuration
• Full renovation completed in 2014, including HVAC, flooring, paint, trim, and digital sign
• New roof installed in 2017

Property Analytics

Property Profile

Current Use

Office buildings

Suggested Use

Top Pick Real Estate Agency Law Firm Spa & Massage Center Dental Office Building Supply Hair Salon

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

516

Businesses Nearby

Explore this area Business Placement

Demographics for 62565, IL

7,477

Population

3,769

Households

2

Avg Household Size

45

Median Age

19%

College-Educated

95%

High-School Grad

127.1 sq mi

ZIP Area

59

Density / Sq Mi

$61,722

Median Household Income

$37,917

Median Earnings

$737

Median Rent

$131,900

Median Home Value

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019

15.6% 2020

17.1% 2021

18.9% 2022

21% 2023

22% 2024

21.3% 2025

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Frequently Asked Questions

What type of property is this?

Office building - Single-level commercial layout with shared kitchenette and bathroom, plus potential drive-through access.

Where is this office building located?

The property is located at 1502 W Main St Shelbyville, IL.

What is the asking price?

The asking price for this property is $325,000.

What are key features of this property?

This property features: Single‑level commercial duplex configuration; Full renovation completed in 2014, including HVAC, flooring, paint, trim, and digital sign; New roof installed in 2017