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



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
Property Facts
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
| Parcel Number | 15-49-422021 | Improvements Assessment | $84,528 |
| Land Assessment | $10,520 | Total Assessment | $95,048 |
Property Taxes
Presented by
237 Commercial St
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