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    Shannon, IL
    Retail

    Shannon, IL Retail Space for Sale

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    Lake Carroll, IL Baileyville, IL Pearl City, IL Freeport, IL West Terre Haute, IN Eleroy, IL Mount Carroll, IL Mt Carroll, 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
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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 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.

    Retail Space in Lena, Illinois
    Retail Space in Lena, Illinois

    11369 W Galena Rd, Lena, IL

    $525,000
    4,488 sqft 2.49 AC lot

    Charming retail space in Lena, Illinois, near local attractions.

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    Thriving Business & Versatile Commercial Property
    Thriving Business & Versatile Commercial Property

    502 S Schuyler St, Lena, IL 61048

    $500,000
    6,400 sqft

    Established toy store with high-capacity retail and warehouse space.

    View details
    Retail Space with Strong Visibility
    Retail Space with Strong Visibility

    1611 S West Ave, Freeport, IL

    Contact for pricing
    18,000 sqft 1.43 AC lot

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

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    Retail Space at Lighted Intersection
    Retail Space at Lighted Intersection

    342 N Park Blvd, Freeport, IL 61032

    $450,000

    Retail space for sale at a hard corner location.

    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
    Prime PUD-Zoned Land Opportunity

    3229 State Road 207, Elkton, FL 32033

    $1,599,000
    900 sqft 2.07 AC lot

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

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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.

    29 Market St
    RETAIL STORES (PERSONAL SERVICES)

    29 Market St, Shannon, IL 61078-9335

    Value Estimation by Request
    1,540 sqft 0.12 AC lot
    View details
    418 Market St
    RETAIL STORES (PERSONAL SERVICES)

    418 Market St, Shannon, IL 61078-9347

    Value Estimation by Request
    0.17 AC lot
    View details
    2 Market St
    RETAIL STORES (PERSONAL SERVICES)

    2 Market St, Shannon, IL 61078-9344

    Value Estimation by Request
    0.10 AC lot
    View details
    10 Locust St
    RETAIL STORES (PERSONAL SERVICES)

    10 Locust St, Shannon, IL 61078-9009

    Value Estimation by Request
    0.53 AC lot
    View details

    Shannon, IL Retail Space Market Trends and Statistics

    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 $57,000.

    Sale prices for retail space 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

    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 $57K

    Taxes & Financing

    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Carroll County

    New Delisted

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