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Canton Mixed-Use Property For Sale
For Sale
$499,000

68 E Elm St, Canton, IL 61520

Mixed-use property in Canton, Illinois, totaling 3,676 square feet.

Property Size7,867 SF
Price / SF$135.75
Days on Market151

Property Features for 68 E Elm St

General Information

Standard status Active
Size 7,867 SF
Property subtype Mixed-Use
Occupancy 77%

Amenities

Owner-User Opportunity in Downtown Canton. Operates 3,675 Square Feet of Restaurant and Bar Space plus 1,000 Square Feet of Pavilion Space, Business could be Purchased along with Building
Three Apartment Units Upstairs | Generates $21,600 Annually in Rent
$96,796 in Gaming Income Generated Annually | Transferable with New License Application
$450k in Recent Capital Improvements (New Facade, Interior, Apartments, Pavilion and HVAC Upgrades)
TIF District - Qualifying Improvements are Eligible for 25 Percent Reimbursement from the City of Canton
Turnkey Bar and Restaurant | All Equipment, Gambling Machines, and Liquor Licenses would be Included in Sale

Building Details

Building Size 7,867 SF
Units 4
Listed By: Luke Marsh · License #License(s): IN: RB25000950
Source: Marcusmillichap
Added: May 20 Changed: Oct 10 Last Checked: Oct 16 at 5:51AM

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 Luke Marsh

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Investment Insights

Based on property information with market context.

This mixed-use property, located in Canton, Illinois, offers 3,676 square feet of space. The property is zoned for commercial real estate, including retail spaces.

Key Highlights

  • No specific property information was provided to extract selling points.

Property Analytics

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Open Analytics

Current Use

Mixed-use properties

Suggested Use

Top Pick Real Estate Agency Building Supply Big Box & Wholesale Store HVAC Service Kitchen & Bath Showroom 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

761
Businesses Nearby

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
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

Frequently Asked Questions

What type of property is this?
Mixed-use property - Mixed-use property in Canton, Illinois, totaling 3,676 square feet.
Where is this mixed-use property located?
The property is located at 68 E Elm St Canton, IL.
What is the asking price?
The asking price for this property is $499,000.
What are key features of this property?
This property features: No specific property information was provided to extract selling points.
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