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Listing provided courtesy of NextHome First ClassMREDas Distributed by MLSGrid- MLS# 12591739MLS Provider

13 E Market StreetShannon, IL 61078

Commercial · 840 Sq. ft.
$89,900 Active

13 E Market Street Overview

Time on Site:
104 days
Visits:
7

Charming, updated, and full of character-this quaint commercial property in Shannon, Illinois is a standout opportunity for investors or business owners alike! Beautifully maintained with numerous recent updates, including mechanicals, modern lighting, and tasteful interior design, this property blends classic charm with today's functionality. The main level offers an inviting commercial space ideal for retail, office, or service-based use, featuring a warm and welcoming atmosphere that's ready for your business vision. Upstairs, you'll find an apartment currently rented at $640/month, providing immediate income and added investment value. Whether you're looking to expand your portfolio or establish your business in a charming small-town setting, this property offers versatility, style, and income potential all in one.

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13 E Market Street Facts & Features

  • Type Commercial
  • Sq. ft. 840
  • Price/Sq.ft. $107

Details

General

Income/Expenses

  • Other Expense: 0
  • Electric Expense: 0
  • Fuel Expense: 0
  • Gross Income: 640
  • Gross Scheduled Income: 7680
  • Insurance Expense: 1400
  • Trash Expense: 0
  • Water Sewer Expense: 100

Building Information

  • Year Built: 1858

Location/Region

  • County Or Parish: Carroll
  • MLS Area Major: Shannon
  • Township: Cherry Grove

Tax Information

  • Tax Annual Amount: $820.86
  • Tax Year: 2024

General Information

  • Parcel Number: 010619101046
  • Property Sub Type: Mixed Use
  • Property Type: Commercial Sale
  • Zoning: COMMR

Interior

Building Information

  • Office SqFt.: 0
  • Other SqFt.: 0
  • Retail SqFt.: 420
  • Warehouse SqFt.: 0

Building Interior

  • Building Area Total: 840

General Information

  • Cooling: Central Air
  • Electric: Circuit Breakers, Service - 101 to 200 Amps
  • Foundation Details: Concrete Perimeter
  • Stories: 2

Exterior

Lot Information

  • Additional Parcels: No
  • Lot Size Dimensions: 40x100
  • Lot Size Square Feet: 4000

Building Exterior/Construction

  • Construction Materials: Steel Siding, Brick, Frame

General Information

  • Number Of Units Total: 2

13 E Market Street Neighborhood

Community

61078 (SHANNON) Demographics

42
Median Age
22
Population Density (per sq. mile)
24%
College Educated
$56,595
Estimated Median Income
423
Estimated Total Home Owners
66
Estimated Total Renters
87% / 13%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

13 E Market Street Monthly Cost

$
$ %
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$
$
Randall Fowlkes
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

13 E Market Street Market Data

Based on the last 30 days in this zip code

$265,500
Average List Price
$116
Average Price per Square Foot
3
Properties Sold
88
Average Days on Market
10
Properties for Sale
Calculations provided by Reliance Network

13 E Market Street History

Date Event Value Agent
3/22/2026Source: MRED Status Change
Active
3/17/2026Source: MRED Added to Database
March 17, 2026