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Property summary
The property consists of a two-center retail portfolio in Harrisburg, Illinois, including Shawnee Square and Arrowhead Point Shopping Centers. Shawnee Square is a 28,320-square-foot retail center shadow-anchored by Kroger and includes 69% occupancy; it is located between Kroger and Tractor Supply along North Commercial Street. The center received extensive renovations in 2024, including a new TPO roof and updates to the building facade. Arrowhead Point is a 44,000-square-foot retail center on approximately 13.21 acres, shadow-anchored by Rural King, with existing site access, a functional parking field, and in-place utility infrastructure that supports potential redevelopment.
Property profile
VerifiedCap rate & NOI
Current use
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Food Market Restaurant
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Clothing Store Jeans Shop
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Pharmacy
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Gas Station
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Electronics & Wireless Store (Bike/Boat/Book/etc) Store
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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