Elizabethtown, IL Commercial Real Estate for Sale

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Cave In Rock, IL Rosiclare, IL Herod, IL Golconda, IL Salem, KY Marion, KY Junction, IL Smithland, KY
Turnkey Short-Term Rental Event Property
Updated: Jul 8
Turnkey Short-Term Rental Event Property

798 Karbers Ridge Rd, Elizabethtown, IL 62931

$1,800,000
5,600 sqft 88.00 AC lot
88‑acre short‑term rental and event property adjoining Shawnee National Forest on three sides
Lodge‑style home with exposed beams and tall vaulted ceilings
80x70 pole barn partially finished for commercial use with commercial kitchen, 2 bathrooms, and large lounge/recreation area
Seven rental units in operation with nightly rates ranging from $126 to $260 (avg. approx. $183)
Direct access to miles of trails for outdoor recreation, with nearby attractions including Rim Rock Trail, Garden of the Gods, Pounds Hollow Lake, and Cave‑In‑Rock State Park
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Based on your search, we've compiled 56 Potential Opportunities for your consideration. Besides 1 Active listings in Elizabethtown, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 51 Off-Market properties to explore as potential leads

Opportunities in Nearby Cities

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

Two-Story Mixed-Use Building
Two-Story Mixed-Use Building

204 S Main St, Marion, KY 42064

$129,500
9,045 sqft

Brick commercial property with storefront glazing, open interiors, and original architectural elements across two levels.

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Hunting Land with Campsites
Hunting Land with Campsites

221 Lusk Rd, Golconda, IL 62938

$363,000
66 sqft

Large recreational tract adjoining Shawnee National Forest with established campsites, pole barns, open ground, timber, and an older home.

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Hunting Land with Established Campsites
Hunting Land with Established Campsites

221 Lusk Rd, Golconda, IL 62938

$363,000
66.33 AC lot

Recreational acreage adjoining Shawnee National Forest with open ground, timber, existing buildings, and campground infrastructure.

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Recreation Land with Maple Operation
Recreation Land with Maple Operation

2869 N State Route 654, Marion, KY 42064

$260,000
64.23 AC lot

Includes marketable hardwood timber, a spring, and an established maple syrup operation.

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Off-Market Properties in Elizabethtown, IL

Consider similar Off-Market properties in Elizabethtown, IL. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

600 Dunn St
Land

600 Dunn St, Elizabethtown, IL 62931

Value Estimation by Request
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600 Dunn St
Commercial real estate

600 Dunn St, Elizabethtown, IL 62931

Value Estimation by Request
3,120 sqft 0.45 AC lot
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147 1 St
Commercial real estate

147 1 St, Elizabethtown, IL 62931

Value Estimation by Request
3,672 sqft 0.19 AC lot
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147 1 St
Medical Office Space

147 1 St, Elizabethtown, IL 62931

Value Estimation by Request
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202 Main St
COMMERCIAL (GENERAL)

202 Main St, Elizabethtown, IL 62931-4457

Value Estimation by Request
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148 Main St
COMMERCIAL (GENERAL)

148 Main St, Elizabethtown, IL 62931

Value Estimation by Request
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Main St
COMMERCIAL (GENERAL)

Main St, Elizabethtown, IL 62931

Value Estimation by Request
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145 Main St
COMMERCIAL (GENERAL)

145 Main St, Elizabethtown, IL 62931

$250,000
Estimated value
0.14 AC lot
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101 Main St
COMMERCIAL (GENERAL)

101 Main St, Elizabethtown, IL 62931

Value Estimation by Request
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3975 Hwy 1st 1
COMMERCIAL (GENERAL)

3975 Hwy 1st 1, Elizabethtown, IL 62931-1113

Value Estimation by Request
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199 Pearl St
COMMERCIAL (GENERAL)

199 Pearl St, Elizabethtown, IL 62931-4427

Value Estimation by Request
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147 1st St
COMMERCIAL (GENERAL)

147 1st St, Elizabethtown, IL 62931

$50,000
Estimated value
View details
1st St
COMMERCIAL (GENERAL)

1st St, Elizabethtown, IL 62931

$255,000
Estimated value
0.04 AC lot
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120 1st St
COMMERCIAL (GENERAL)

120 1st St, Elizabethtown, IL 62931

$245,000
Estimated value
0.01 AC lot
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175 Il Rte 146th W
COMMERCIAL (GENERAL)

175 Il Rte 146th W, Elizabethtown, IL 62931-4002

$240,000
Estimated value
0.17 AC lot
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196 1st St
COMMERCIAL (GENERAL)

196 1st St, Elizabethtown, IL 62931

$255,000
Estimated value
0.04 AC lot
View details
Elizabethtown, IL 62931
COMMERCIAL (GENERAL)

Elizabethtown, IL 62931

Value Estimation by Request
View details
101 Patton Dr
COMMERCIAL (GENERAL)

101 Patton Dr, Elizabethtown, IL 62931

$240,000
Estimated value
8.97 AC lot
View details
159 Market St
COMMERCIAL (GENERAL)

159 Market St, Elizabethtown, IL 62931

Value Estimation by Request
View details
167 Il Rte 146
COMMERCIAL (GENERAL)

167 Il Rte 146, Elizabethtown, IL 62931

$255,000
Estimated value
1.40 AC lot
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Elizabethtown, IL 62931
COMMERCIAL (GENERAL)

Elizabethtown, IL 62931

$260,000
Estimated value
10.00 AC lot
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80 Reva White Dr
COMMERCIAL (GENERAL)

80 Reva White Dr, Elizabethtown, IL 62931

Value Estimation by Request
View details
251 1st St
COMMERCIAL (GENERAL)

251 1st St, Elizabethtown, IL 62931

Value Estimation by Request
View details

Elizabethtown, IL Commercial Real Estate Market Trends and Statistics

Explore 52 commercial real estate for sale in Elizabethtown, IL on our real estate platform. These investment opportunities span a total of 5,600 square feet of properties for sale, with an estimated market value of $1,800,000.

Sale prices for business properties in Elizabethtown, IL average $1,800,000 — 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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Demographics Overview

Population 1,359
Population Growth (5Y) -6.0%
Median Household Income $55,625
College Educated 11.4%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
62931 $1.8M

Taxes & Financing

Tax Rate (average for all types) 5.11%
Tax Rate vs County Average 0.40 pp below county avg
Average Loan-to-Value 65.0%

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