Listing provided courtesy of Coldwell Banker Real Estate GroupMREDas Distributed by MLSGrid- MLS# 12516735MLS Provider

237 Commercial StreetMarseilles, IL 61341

Commercial · 2,400 Sq. ft. | 1.61 Acres
$430,000 Active

237 Commercial Street Overview

Time on Site:
228 days
Visits:
2

Prime commercial opportunity in the heart of Marseilles! This well-built 2,400 sq ft building, offered for the first time, sits just one block off the main drag in the Central Business District. Zoned M-Manufacturing, the property offers incredible flexibility for a variety of uses - restaurant, retail, office, or service-based business. Constructed in 2013, the building features a solid wood frame with brick veneer exterior on a slab foundation and a truss roof system with shingles. Inside, you'll find a layout originally designed for a Subway restaurant, including a dining area, kitchen and prep space, order counter, and two ADA-compliant restrooms. Additional rooms include an office, mudroom, and utility area. The property also offers two 200-amp electrical services, two HVAC units, direct and indirect lighting, and a convenient drive-up window. Sitting on 1.61 acre with frontage along Commercial Street, this property is ideally located near the Illinois River, Illini State Park, and just minutes from Starved Rock Country and Heritage Harbor. Endless potential, excellent visibility, and a prime location - don't miss this opportunity to bring your business vision to life!

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237 Commercial Street Facts & Features

  • Type Commercial
  • Sq. ft. 2,400
  • Price/Sq.ft. $179
  • Lot 1.61 Acres

Details

General

Income/Expenses

  • Gross Income: 0
  • Gross Scheduled Income: 0
  • Net Operating Income: 0
  • Operating Expense: 0

Building Information

  • Year Built: 2013

Business Information

  • Current Use: Commercial

Location/Region

  • County Or Parish: LaSalle
  • MLS Area Major: Marseilles
  • Township: Rutland

Tax Information

  • Tax Annual Amount: $9,240.46
  • Tax Year: 2024

General Information

  • Parcel Number: 1549422021
  • Property Sub Type: Other
  • Property Type: Commercial Sale

Interior

Building Interior

  • Building Area Total: 2400

General Information

  • Cooling: Central Air, Zoned
  • Electric: Circuit Breakers
  • Foundation Details: Concrete Perimeter
  • Leasable Area: 0
  • Stories: 1

Unit Information

  • Unit SqFt.: 2400

Exterior

Lot Information

  • Additional Parcels: No
  • Frontage Type: City Street
  • Lot Size Acres: 1.61
  • Lot Size Dimensions: 288x236
  • Lot Size Square Feet: 70131

Building Exterior/Construction

  • Construction Materials: Brick, Block

General Information

  • Number Of Units Total: 1

237 Commercial Street Neighborhood

Community

61341 (Marseilles) Demographics

44
Median Age
80
Population Density (per sq. mile)
29%
College Educated
$66,923
Estimated Median Income
2,247
Estimated Total Home Owners
843
Estimated Total Renters
73% / 27%
Estimated Owner / Renter Divide
2
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.

237 Commercial Street Monthly Cost

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* 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.

237 Commercial Street Market Data

Based on the last 30 days in this zip code

$262,950
Average List Price
$141
Average Price per Square Foot
8
Properties Sold
57
Average Days on Market
19
Properties for Sale
Calculations provided by Reliance Network

237 Commercial Street History

Date Event Value Agent
11/18/2025Source: MRED Status Change
Active
11/13/2025Source: MRED Added to Database
November 13, 2025