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    Shannon, IL
    Retail

    Shannon, IL Retail Properties & Spaces for Sale

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    Lake Carroll, IL Pearl City, IL Forreston, IL Freeport, IL Eleroy, IL Polo, IL Mount Carroll, IL Mt Carroll, IL
    Updated Mixed-Use Property
    Updated: Sep 19
    Updated Mixed-Use Property

    13 East Market Street, Shannon, IL 61078

    $74,000
    0.09 AC lot
    Mixed‑use building with commercial space on the main level and an upstairs apartment
    Built in 1858
    Updated mechanical systems, lighting, and interior finishes
    0.09‑acre parcel at 13 East Market Street
    Upstairs apartment is currently rented
    View details
    Updated Mixed-Use Building
    Updated: Sep 20
    Updated Mixed-Use Building

    13 E Market St, Shannon, IL 61078

    $74,000
    840 sqft
    840‑square‑foot mixed‑use property
    Main‑level commercial space for retail, office, or service use
    Upstairs apartment currently rented
    Recent mechanical updates and modern lighting
    Interior improvements throughout
    View details
    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 19 Potential Opportunities for your consideration. Besides 2 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.

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

    1801 S West Ave, Freeport, IL 61032

    $1,395,000
    46,234 sqft

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

    View details
    Mixed-Use Building with Apartments
    Mixed-Use Building with Apartments

    101 W Market Street, Mount Carroll, IL 61053

    $192,000
    7,768 sqft

    Two-level commercial property with retail space, four apartments, storage, and a lower-level garage.

    View details
    Mixed-Use Building with Apartments
    Mixed-Use Building with Apartments

    101 W Market Street, Mount Carroll, IL 61053

    $192,000
    6,020 sqft 0.13 AC lot

    Vacant commercial property combines an open retail floor with four upstairs residential units.

    View details
    Car Wash
    Car Wash

    731 Midwest Court, Freeport, IL 61032

    $1,750,000

    The Freeport property is zoned COMMR.

    View details

    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.

    Enterprise Zone Commercial Land
    Enterprise Zone Commercial Land

    E South Street, Freeport, IL 61032

    Contact for pricing
    0.82 AC lot

    Two adjoining B-3 lots offer a combined commercial land holding within an enterprise zone.

    View details
    Commercial Land with Utilities
    Commercial Land with Utilities

    1203 IL Rt 26 N, Freeport, IL 61032

    $2,000,000
    68.88 AC lot

    B-3-zoned commercial land with electric, water, sewer, and gas available for development.

    View details
    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.

    View details
    Commercial Land with Road Frontage
    Commercial Land with Road Frontage

    2004 Lowell Park Road, Dixon, IL 61021

    $60,000

    Commercially zoned land with Lowell Park Road frontage and septic service needed.

    View details

    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

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

    29 Market St, Shannon, IL 61078-9335

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

    418 Market St, Shannon, IL 61078-9347

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

    501 Market St, Shannon, IL 61078-9360

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

    102 Market St, Shannon, IL 61078-9340

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

    317 Market St, Shannon, IL 61078-9330

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

    2 Market St, Shannon, IL 61078-9344

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

    10 Locust St, Shannon, IL 61078-9009

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

    1 Linn St, Shannon, IL 61078-9035

    Estimated value:
    $305,000
    0.55 AC lot
    View details

    Shannon, IL Retail Properties & Spaces Market Trends and Statistics

    Explore 11 retail properties & spaces for sale in Shannon, IL on our real estate platform. These investment opportunities span a total of 840 square feet of properties for sale, with an estimated market value of $148,000.

    Sale prices for stores in Shannon, IL average $74,000 — 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 2

    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 $74K

    Taxes & Financing

    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Carroll County

    New Delisted

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