305 N Michigan Avenue

Marshall, IL 62441 · MLS #6256948

$500,000
Listed 236 days ago
Save
Acres
0.46
Type
CommercialSale
Status
Active

Prime Commercial Building for Sale – Fully Remodeled in 2014-2015 - High-Traffic Location on IL Hwy 1: Unlock the potential of this fully remodeled commercial building located on the highly traveled Illinois Highway 1 in Marshall, IL. This versatile property offers over 3,000 square feet of modern, functional space. Featuring a flexible floor plan ideal for retail, professional services, or mixed-use. A bonus second-level office space provides additional flexibility with two unfinished cold storage spaces adding over 400 sf. This is a rare opportunity to own a move-in ready commercial property in a high-visibility corridor. Whether you're looking to expand your existing business or launch a new venture, this property offers the space, location, and upgrades to make it happen. Property is currently leased through 12/31/2027, invest now, and let someone else make your payments through 2027.

Features

Gas Water HeaterOn SiteCentral AirForced Air

Property Details

Price
$500,000
MLS #
6256948
Status
Active
Type
CommercialSale
Subtype
Business
Listed Date
Jan 29, 2026
Lot Size
20,371 sqft / 0.46 acres
Year Built
1950
County
Clark
Zoning
B-2
Parcel Number
08081315403035

Interior

Above Grade Finished Area
0
Appliances
Gas Water Heater
Cooling
Central Air
Heating
Forced Air
Levels
Two

Exterior

Construction Materials
Cement Siding, Other
Foundation
Slab
Parking Features
On Site
Roof
Metal
Stories
2
Road Surface
Asphalt
Sewer
Public Sewer
Water Source
Public

Payment estimate

Estimated monthly
$3,010/mo
$2,661 principal & interest$349 taxes

Estimate for planning only — actual payment depends on your loan. Talk to your lender.

Financial

Tax Year
2024
Taxes
$4,190

Location

See this listing

Ask a question or request a tour of 305 N Michigan Avenue. We'll get right back to you.

Listed by Crossroads Realty · (217) 826-6326. Want to see this property? Call Grissom Schmitz Realty at 217-562-7078.

Disclaimer: All data relating to real estate for sale on this site comes from the Broker Reciprocity (BR) of the Central Illinois Board of Realtors. Detailed information about real estate listings held by brokerage firms other than Grissom Schmitz Realty include the name of the listing broker. Neither the listing company nor Grissom Schmitz Realty shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. All properties are subject to prior sale, changes, or withdrawal.

Copyright 2026 Central Illinois Board of Realtors. All rights reserved. This site was last updated 9/23/2026, 2:00:55 AM (Central Time).