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Updated Three-Bay Flex Space
For Sale
Contact for pricing

540 S 5TH Avenue, Canton, IL 61520

Recent electrical, furnace, roofing, and water-heater improvements support the adaptable commercial layout.

Property SizeContact for details
Days on Market131

Property Features for 540 S 5TH Avenue

General Information

Standard status Active
Property subtype Office, Retail, Industrial

Amenities

security system
Listing Agency: Rhoades Real Estate & Land Auction Services, Inc.
Listed By: Samantha Braden · License #IL
Source: Crexi
Added: Apr 24 Changed: Aug 31 Last Checked: Aug 29 at 8:20PM

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 Rhoades Real Estate & Land Auction Services, Inc.

Investment Insights

Based on property information with market context.

This flex-space property at 540 S 5TH Avenue in Canton, Illinois, comprises a recently refreshed three-bay commercial building with nearly 2,500 square feet across two parcels. The interior has been freshly painted, and the building includes a security system suited to ongoing commercial operations.

Major property updates include brand-new electrical service, a newer furnace, a water heater replacement, and a roof installed just a few years ago. The existing design and print business may be purchased separately, and the seller is open to leasing the premises back from a new owner. The property is offered as real estate, with the business handled separately.

Key Highlights

  • Three‑bay commercial building with nearly 2,500 square feet
  • Situated on two parcels at 540 S 5TH Avenue, Canton, IL 61520
  • All brand‑new electrical system

Property Analytics

Current Use

Flex space

Suggested Use

Top Pick Real Estate Agency HVAC Service Pharmacy Kitchen & Bath Showroom Grocery & Convenience Store Dental Office

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

554
Businesses Nearby
Balanced
Demand for This Use

Demographics for 61520, IL

16,156
Population
7,301
Households
2.2
Avg Household Size
43
Median Age
16%
College-Educated
89%
High-School Grad
152.0 sq mi
ZIP Area
106
Density / Sq Mi
$56,618
Median Household Income
$35,240
Median Earnings
$814
Median Rent
$116,200
Median Home Value

Market

Vacancy Rate% for Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025
Rey
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Similar Off Market Nearby

  • Bash Brothers BBQ 616 S 5th Ave, Canton, IL 61520
  • Goode Catering Co. 219 N Ave A, Canton, IL 61520

Frequently Asked Questions

What type of property is this?
Flex space - Recent electrical, furnace, roofing, and water-heater improvements support the adaptable commercial layout.
Where is this flex space located?
The property is located at 540 S 5TH Avenue Canton, IL.
What are key features of this property?
This property features: Three‑bay commercial building with nearly 2,500 square feet; Situated on two parcels at 540 S 5TH Avenue, Canton, IL 61520; All brand‑new electrical system
More about this property
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