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Shannon, IL

Retail

Shannon, IL Retail Properties & Spaces for Sale

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Lake Carroll, IL Baileyville, IL Pearl City, IL

Mixed-Use Retail Office and Garage

Updated: Mar 23

Mixed-Use Retail Office and Garage

21 E Market Street, Shannon, IL 61078

$57,000

640 sqft · 0.07 AC lot

Approx. 640 SF retail/office space plus 1,120 SF garage/warehouse space in a downtown building along IL Route 72 in Shannon
Rear alley access to the garage/warehouse via a roll‑up overhead door and a separate walk‑in entrance
Recent updates include a commercial gas furnace and new plumbing stubbed in for a future half bathroom
Roof includes metal and shingle materials; flooring includes concrete and wood
Built in 1893 with forced‑air heating and natural gas heat

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.

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 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.

Renovated Freeport Commercial Property For Sale

Renovated Freeport Commercial Property For Sale

731 Midwest Court, Freeport, IL 61032

$1,800,000

101,494.00 AC lot

Fully renovated commercial property in Freeport, Illinois, with strong cashflow.

Mixed-Use Corner Building

Mixed-Use Corner Building

101 W Market Street, Mount Carroll, IL 61053

$214,000

6,020 sqft · 0.13 AC lot

Downtown corner building with open retail space plus four upstairs apartments and a walkout lower level for storage.

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.

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.

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

$59,900

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

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.

Downtown Commercial Lot For Sale

Downtown Commercial Lot For Sale

220 North Galena Avenue, Freeport, IL 61032

$30,000

0.33 AC lot

Prime commercial lot with high visibility and development potential.

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.

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.

FINANCIAL BUILDING

24494 Payne Rd, Shannon, IL 61078-9251

Value Estimation by Request

1.00 AC lot

RETAIL STORES (PERSONAL SERVICES)

29 Market St, Shannon, IL 61078-9335

Value Estimation by Request

1,540 sqft · 0.12 AC lot

RETAIL STORES (PERSONAL SERVICES)

418 Market St, Shannon, IL 61078-9347

Value Estimation by Request

0.17 AC lot

CONVENIENCE STORE

501 Market St, Shannon, IL 61078-9360

Value Estimation by Request

2.01 AC lot

AUTO REPAIR, GARAGE

102 Market St, Shannon, IL 61078-9340

Value Estimation by Request

0.15 AC lot

AUTO REPAIR, GARAGE

317 Market St, Shannon, IL 61078-9330

Value Estimation by Request

1.41 AC lot

RETAIL STORES (PERSONAL SERVICES)

2 Market St, Shannon, IL 61078-9344

Value Estimation by Request

0.10 AC lot

RETAIL STORES (PERSONAL SERVICES)

10 Locust St, Shannon, IL 61078-9009

Value Estimation by Request

0.53 AC lot

FINANCIAL BUILDING

1 Linn St, Shannon, IL 61078-9035

Value Estimation by Request

0.55 AC lot

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 640 square feet of properties for sale, with an estimated market value of $57,000.

Sale prices for stores in Shannon, IL start at $57,000, averaging $57,000, and reaching up to $57,000 — 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

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	$73.5K

Taxes & Financing

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Carroll County

New Delisted

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Most Searched ZIP Codes in Shannon, IL

61078