Retail

Shannon, IL Retail Properties & Spaces for Sale

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Lake Carroll, IL Pearl City, IL Forreston, IL Freeport, IL Eleroy, IL Mount Carroll, IL Mt Carroll, IL Polo, IL
Updated Mixed-Use Property
Updated: Jul 16
Updated Mixed-Use Property

13 East Market Street, Shannon, IL 61078

$77,500
Mixed‑use building with commercial space and an upstairs apartment
Main‑level area supports retail, office, or service‑based use
Upstairs apartment is currently rented
Recent updates to mechanical systems and lighting
Interior improvements complement the building’s character
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Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
Based on your search, we've compiled 18 Potential Opportunities for your consideration. Besides 1 Active listings in Shannon, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 9 Off-Market properties to explore as potential leads, 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.

Modernized Self-Service Car Wash
Modernized Self-Service Car Wash

731 Midwest Court, Freeport, IL 61032

$1,750,000

Established wash operation with automated equipment, cashless payment capability, and upgraded mechanical systems.

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Freeport Retail Strip Center For Sale
Freeport Retail Strip Center For Sale

1801 S West Ave, Freeport, IL 61032

Contact for pricing
46,234 sqft

Multi-tenant neighborhood strip center in Freeport, Illinois available for purchase.

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Live-Work Property with Retail Space
Live-Work Property with Retail Space

122 South Main Street, Pearl City, IL 61062

$99,900
0.06 AC lot

Two-level commercial property combines an occupied apartment with an operating dog grooming business and customer parking.

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Live-Work Property with Dog Grooming
Live-Work Property with Dog Grooming

122 S Main Street, Pearl City, IL 61062

$99,900

Fully occupied live-work building with a main-level dog grooming business, an upstairs apartment, and central air on the main level.

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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.

Commercial Land on IL Rt 72
Commercial Land on IL Rt 72

21 E Market Street, Shannon, IL 61078

$57,000

Commercial land available on IL Rt 72 in Shannon, IL.

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Commercial Land in Enterprise Zone
Commercial Land in Enterprise Zone

E South Street, Freeport, IL 61032

Contact for pricing
0.82 AC lot

Two B-3 zoned lots totaling 0.82 acres in Freeport, IL.

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Commercial Land in Freeport, IL
Commercial Land in Freeport, IL

1203 IL Rt 26 N, Freeport, IL 61032

$2,000,000
68.88 AC lot

Commercial land available for development with high visibility and easy access.

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Commercial Land with Retail Frontage
Commercial Land with Retail Frontage

E Lincolnway, Sterling, IL 61081

$295,000
2.00 AC lot

Flat commercial parcel positioned in Sterling’s east retail district with frontage along East Lincolnway.

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Off-Market Properties in Shannon, IL

Consider similar Off-Market properties in Shannon, IL. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

24494 Payne Rd
FINANCIAL BUILDING

24494 Payne Rd, Shannon, IL 61078-9251

$290,000
Estimated value
1.00 AC lot
View details
29 Market St
RETAIL STORES (PERSONAL SERVICES)

29 Market St, Shannon, IL 61078-9335

$235,000
Estimated value
1,540 sqft 0.12 AC lot
View details
418 Market St
RETAIL STORES (PERSONAL SERVICES)

418 Market St, Shannon, IL 61078-9347

$210,000
Estimated value
0.17 AC lot
View details
501 Market St
CONVENIENCE STORE

501 Market St, Shannon, IL 61078-9360

$280,000
Estimated value
2.01 AC lot
View details
102 Market St
AUTO REPAIR, GARAGE

102 Market St, Shannon, IL 61078-9340

$260,000
Estimated value
0.15 AC lot
View details
317 Market St
AUTO REPAIR, GARAGE

317 Market St, Shannon, IL 61078-9330

$265,000
Estimated value
1.41 AC lot
View details
2 Market St
RETAIL STORES (PERSONAL SERVICES)

2 Market St, Shannon, IL 61078-9344

$250,000
Estimated value
0.10 AC lot
View details
10 Locust St
RETAIL STORES (PERSONAL SERVICES)

10 Locust St, Shannon, IL 61078-9009

$245,000
Estimated value
0.53 AC lot
View details
1 Linn St
FINANCIAL BUILDING

1 Linn St, Shannon, IL 61078-9035

$305,000
Estimated value
0.55 AC lot
View details

Shannon, IL Retail Properties & Spaces Market Trends and Statistics

Explore 10 retail properties & spaces for sale in Shannon, IL on our real estate platform.

Sale prices for stores in Shannon, IL average $77,500 — 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

Storefront 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 $82.5K

Taxes & Financing

Average Loan-to-Value 65.0%

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