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237 Commercial St 2,328 SF Retail Building Marseilles, IL 61341 $430,000 ($184.71/SF)

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Investment Highlights

  • Prime CBD Location with Drive-Up Window Just one block off Marseilles’ main drag with strong visibility and easy access.
  • Constructed in 2013, dual 200-amp services, two HVAC units, ADA restrooms, & drive up window
  • Includes two 200-amp electrical services, two HVAC units, and a drive-up window.
  • Flexible 2,400 SF Building on 1.61 Acres with side lot included for future use, extra parking or many other uses
  • Features a dining area, kitchen, prep space, order counter, and two ADA-compliant restrooms.
  • Positioned on 1.61 acres near the Illinois River, Illini State Park, and Starved Rock Country

Executive Summary

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!

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Fast Food
Building Size
2,328 SF
Building Class
C
Year Built
2013
Price
$430,000
Price Per SF
$184.71
Tenancy
Single
Building Height
1 Story
Building FAR
0.03
Lot Size
1.58 AC
Parking
50 Spaces (2.08 Spaces per 1,000 SF Leased)

Major Tenants

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease End
  • Accommodation and Food Services
  • -
  • -
  • -

Subway began in 1965 when 17-year-old Fred DeLuca opened Pete's Super Submarines in Bridgeport, Connecticut with financing help from Peter Buck. The company pioneered the fast-casual restaurant model focused on customizable submarine sandwiches. After expanding through franchising since 1974, it now maintains dual headquarters in Connecticut and Florida while operating thousands of locations worldwide. The menu features made-to-order subs, wraps, salads and baked goods with fresh ingredients. Though now a global brand, its Connecticut roots remain central to the company's identity.

Tenant Industry SF Occupied Rent/SF Lease End
Accommodation and Food Services - - -

Property Taxes

Property Taxes

Parcel Number
15-49-422021
Land Assessment
$10,520
Improvements Assessment
$84,528
Total Assessment
$95,048
  • Listing ID: 39307461

  • Date on Market: 2/3/2026

  • Last Updated:

  • Address: 237 Commercial St, Marseilles, IL 61341

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