21 E Market Street, Shannon, IL 61078 | MLS #12600703 | Berkshire Hathaway HomeServices Chicago

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Listing provided courtesy of Barnes Realty Inc.MREDas Distributed by MLSGrid- MLS# 12600703MLS Provider

21 E Market StreetShannon, IL 61078

Commercial · 1,760 Sq. ft.
$57,000 Active

21 E Market Street Overview

Time on Site:
97 days
Visits:
6

Great opportunity for a variety of business uses in this downtown building along Illinois Route 72 in Shannon! This versatile commercial property offers approximately 640 sq ft of retail or office space, along with an additional 1,120 sq ft of garage or warehouse space. The garage area is easily accessible from the rear alley via both a roll-up overhead door and a separate walk-in entrance, providing excellent functionality for deliveries, storage, or workspace needs. Recent updates include a commercial gas furnace and new plumbing already stubbed in for a future half bathroom, offering added convenience and value. Currently operating as a thrift store, the property lends itself to a wide range of potential uses including retail, service-based businesses, office space, or storage. Don't miss this flexible and well-located commercial space with strong potential!

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21 E Market Street Facts & Features

  • Type Commercial
  • Sq. ft. 1,760
  • Price/Sq.ft. $32

Details

General

Association/HOA

  • Association Fee Frequency: Not Applicable

Income/Expenses

  • Existing Lease Type: N/A
  • Net Operating Income: 0

Building Information

  • Year Built: 1893

Location/Region

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

Tax Information

  • Tax Annual Amount: $491.34
  • Tax Year: 2024

General Information

  • Parcel Number: 010619101048
  • Property Sub Type: Other
  • Property Type: Commercial Sale
  • Zoning: COMMR

Interior

Building Interior

  • Building Area Total: 1760

General Information

  • Cooling: None
  • Electric: Circuit Breakers
  • Leasable Area: 0
  • Stories: 1

Unit Information

  • Unit SqFt.: 1760

Exterior

Lot Information

  • Additional Parcels: No
  • Lot Size Dimensions: 32.5x100
  • Lot Size Square Feet: 3250
  • Water Source: Municipal Water

Building Exterior/Construction

  • Roof: Composition, Metal

General Information

  • Number Of Units Total: 1
  • Utilities: Electric to Site,Natural Gas Available,Sewer Connected

21 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.

21 E Market Street Monthly Cost

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Mike Mabry
* 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.

21 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

21 E Market Street History

Date Event Value Agent
6/16/2026Source: MRED Status Change
Active
6/11/2026Source: MRED Price Reduction
$57,000 -4.8%
6/11/2026Source: MRED Status Change
Price Change
4/25/2026Source: MRED Status Change
Active
4/20/2026Source: MRED Price Reduction
$59,900 -7.7%
4/20/2026Source: MRED Status Change
Price Change
4/11/2026Source: MRED Status Change
Active
4/6/2026Source: MRED Price Reduction
$64,900 -7.2%
4/6/2026Source: MRED Status Change
Price Change
3/29/2026Source: MRED Status Change
Active
3/24/2026Source: MRED Added to Database
March 24, 2026