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Shelbyville, IL Banks for Sale

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Downtown Shelbyville Commercial Building
Updated: Sep 25, 2025
Downtown Shelbyville Commercial Building

200 N Morgan Street Shelbyville IL 62565, Shelbyville, IL 62565

$799,000
7,768 sqft
Almost 8000 square feet of flexible space suitable for various uses.
Prime downtown location on the corner of N. Morgan and N. 1st Streets, near the Courthouse and other businesses.
Completely remodeled in 2012 with a large addition.**
Includes 13‑15 offices, 2 conference rooms, lounge with kitchenette, and exercise room with shower.
Features two vaults, offering secure storage.
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Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Shelbyville, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Corner Lot Bank Building
Corner Lot Bank Building

4426 Cookson Road, East St Louis, IL 62201

$150,000
0.08 AC lot

Well-maintained brick-veneer bank building with fenced yard, attached two-car garage, and central air

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Corner Lot Bank Building
Corner Lot Bank Building

4426 Cookson Road, East St Louis, IL 62201

Contact for pricing
1,700 sqft

Well-maintained building on a corner lot with fenced yard and ample parking, currently operating as a bank.

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Drive-Through Restaurant Building
Drive-Through Restaurant Building

300 N Main Street, Jacksonville, IL 62650

$80,000
576 sqft

Former drive-through bank with two connected work areas and a usable basement, plus multiple canopy-covered drive-through lanes.

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High Exposure Retail/Restaurant Opportunity
High Exposure Retail/Restaurant Opportunity

1801 W Morton Ave, Jacksonville, IL 62650

Contact for pricing
1,226 sqft

Ideal for bank, drive-thru restaurant, or small retail.

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Shelbyville, IL Banks Market Trends and Statistics

Explore 1 banks for sale in Shelbyville, IL on our real estate platform. These investment opportunities span a total of 7,768 square feet of properties for sale, with an estimated market value of $799,000.

Sale prices for bank buildings in Shelbyville, IL average $799,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Banks 1
Grocery and convenience stores 1
Storefront properties 1

Demographics Overview

Population 7,422
Population Growth (5Y) +5.7%
Median Household Income $61,722
College Educated 26.8%

High-Yield Neighborhoods for Investment

Identify Shelbyville submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
62565 $799K

Taxes & Financing

Tax Rate (average for all types) 8.04%
Property Tax per SF $86.06 per SF
Average Loan-to-Value 65.0%

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