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    Shannon, IL
    Residential Income

    Shannon, IL Residential Income Properties for Sale

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    Lake Carroll, IL Baileyville, IL Pearl City, IL
    Updated Commercial Property with Apartment
    Updated: Mar 16
    Updated Commercial Property with Apartment

    13 East Market Street, Shannon, IL 61078

    $89,900
    Income‑generating apartment currently rented at $640/month.
    Updated mechanicals and modern lighting.
    Versatile commercial space suitable for retail, office, or service‑based businesses.
    Tasteful interior design.
    Charming, well‑maintained property with classic character.
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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Shannon, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Downtown Mixed-Use Corner Building
    Downtown Mixed-Use Corner Building

    101 W Market Street, Mount Carroll, IL 61053

    $214,000
    7,768 sqft

    Corner mixed-use building combines main-floor retail with four upstairs apartments and a walkout lower level.

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    Mixed-Use Brick Office and Apartments
    Mixed-Use Brick Office and Apartments

    102 E Market Street, Mount Carroll, IL 61053

    $399,000
    6,638 sqft

    Brick mixed-use building with soundproof office spaces and multiple renovated apartments, including a main-level unit with permit requirements.

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    Freeport Three-Unit Residential Property
    Freeport Three-Unit Residential Property

    602 S West Avenue, Freeport, IL 61032

    $124,900
    2,300 sqft

    Three-unit property with separate utilities and remodeled lower unit.

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    Duplex on Corner Lot
    Duplex on Corner Lot

    1002 Oak Avenue S, Freeport, IL 61032

    $120,000

    Duplex with recent updates and tenant-paid utilities.

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    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Lake Carroll Residential Lot
    Lake Carroll Residential Lot

    3-499 SHADY Lane, Lake Carroll, IL 61046

    Contact for pricing
    0.30 AC lot

    0.30-acre lot in Lake Carroll with community amenities.

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    Golf Course Frontage Land
    Golf Course Frontage Land

    4-1R Grandview Drive, Lanark, IL 61046

    Contact for pricing
    0.52 AC lot

    Residential land on a golf course near Lake Carroll amenities.

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    Lake Carroll Golf Course Lot
    Lake Carroll Golf Course Lot

    23-5 Lake Carroll Boulevard, Lake Carroll, IL 61046

    Contact for pricing
    1.49 AC lot

    1.49-acre golf course lot near Lake Carroll amenities.

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    Lake Carroll Golf Course Lot
    Lake Carroll Golf Course Lot

    23-7 Lake Carroll Boulevard, Lake Carroll, IL 61046

    Contact for pricing
    2.02 AC lot

    Two-acre buildable lot in a private lake community.

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    Shannon, IL Residential Income Properties Market Trends and Statistics

    Explore 1 residential income properties for sale in Shannon, IL on our real estate platform. These investment opportunities span a total of 0 square feet of properties for sale, with an estimated market value of $89,900.

    Sale prices for residential income properties in Shannon, IL start at $89,900, averaging $89,900, and reaching up to $89,900 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Single family properties 1

    Demographics Overview

    Population 1,411
    Population Growth (5Y) +12.6%
    Median Household Income $75,150
    College Educated 23.2%

    High-Yield Neighborhoods for Investment

    Identify Shannon submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    61078 $89.9K

    Taxes & Financing

    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Carroll County

    New Delisted

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