Shannon, IL
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    Shannon, IL Retail Space for Sale

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    Lake Carroll, IL Pearl City, IL Forreston, IL
    Versatile Commercial Building in Shannon
    $59,900
    640 SF

    Versatile Commercial Building in Shannon

    21 E Market Street, Shannon, IL 61078

    Mixed-use property with retail, office, and warehouse space.

    • Versatile commercial property suitable for retail, office, service‑based businesses, or storage.
    • Excellent location in a downtown building along Illinois Route 72.
    • Includes approximately 640 sq ft of retail/office space and 1,120 sq ft of garage/warehouse space.
    • Garage area with roll‑up overhead door and separate walk‑in entrance accessible from the rear alley.
    • Recent updates include a commercial gas furnace and new plumbing stubbed in for a future half bathroom.
    Updated: Mar 23
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    Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 1 Active listings in Shannon, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 4 Off-Market properties to explore as potential leads, plus 1 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 Mount Carroll Investment Property
    $238,950
    6,020 SF

    Downtown Mount Carroll Investment Property

    Multi-use property in downtown Mount Carroll with income potential.

    101 W Market Street, Mount Carroll, IL 61053
    View details
    Downtown Multi-Use Investment Opportunity
    $238,950
    7,768 SF

    Downtown Multi-Use Investment Opportunity

    Multi-use property in downtown Mount Carroll with retail and apartments.

    101 W Market Street, Mount Carroll, IL 61053
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    Retail Space with Strong Visibility
    Contact for pricing
    18,000 SF

    Retail Space with Strong Visibility

    18,000 SF retail space with easy access and high traffic.

    1611 S West Ave, Freeport, IL
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    Retail Space at Lighted Intersection
    $450,000

    Retail Space at Lighted Intersection

    Retail space for sale at a hard corner location.

    342 N Park Blvd, Freeport, IL 61032
    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.

    Prime PUD-Zoned Land Opportunity
    $1,599,000
    900 SF

    Prime PUD-Zoned Land Opportunity

    2.07 acres of PUD-zoned land in a growing corridor.

    3229 State Road 207, Elkton, FL 32033
    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.

    29 Market St
    RETAIL STORES (PERSONAL SERVICES)
    1,540 SF Lot: 0.12 Acres
    Value Estimation by Request

    29 Market St, Shannon, IL 61078-9335

    View details
    418 Market St
    RETAIL STORES (PERSONAL SERVICES)
    Lot: 0.17 Acres
    Value Estimation by Request

    418 Market St, Shannon, IL 61078-9347

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    2 Market St
    RETAIL STORES (PERSONAL SERVICES)
    Lot: 0.10 Acres
    Value Estimation by Request

    2 Market St, Shannon, IL 61078-9344

    View details
    10 Locust St
    RETAIL STORES (PERSONAL SERVICES)
    Lot: 0.53 Acres
    Value Estimation by Request

    10 Locust St, Shannon, IL 61078-9009

    View details

    Shannon, IL Retail Space Investment Opportunities Market Analysis

    Explore 5 retail space 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 $59,900.

    Sale prices for retail space in Shannon, IL start at $59,900, averaging $59,900, and reaching up to $59,900 — 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

    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 median listing prices of real estate assets

    Neighborhood Average Price
    61078 $59.9K

    Taxes & Financing

    Average Loan-to-Value 65.0%

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