Forest City, IL Commercial Real Estate for Sale

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Operating Grain Elevator Facility
Updated: Oct 22, 2025
Operating Grain Elevator Facility

102 S BROADWAY Street, Forest City, IL 61532

$1,350,000
2.00 AC lot
Over 1.7 million bushels of total grain storage capacity
515,000‑bushel bin added as a major storage component
300‑bushel main house pit with 6,000 BPH unloading rate
Separate 3,000‑bushel pit equipped with a 15,000 BPH leg
Electrical systems and core infrastructure upgraded within the last five years
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Agricultural Land with Building
Updated: May 5, 2025
Agricultural Land with Building

100 S MAIN Street, Forest City, IL 61532

$44,900
1.15 AC lot
1.15‑acre agricultural property
Three parcels included
612 sq ft building on site
Agricultural zoning
Located at 100 S MAIN Street, Forest City, IL 61532
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Grain Elevator Storage Facility
Grain Elevator Storage Facility

102 S Broadway Street Unit #1-6, Forest City, IL 61532

$1,350,000

Fully operational grain elevator with large bin storage and recent electrical and infrastructure upgrades for scalable handling.

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Commercial Land with Existing Building
Commercial Land with Existing Building

100 South Main Street, Forest City, IL 61532

$44,900

Three-parcel commercial land holding with an existing building and flexible site configuration.

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Based on your search, we've compiled 22 Potential Opportunities for your consideration. Besides 4 Active listings in Forest City, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 14 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.

Operational Grain Warehouse
Operational Grain Warehouse

600 S BROADWAY Street, Manito, IL 61546

$499,900
1.80 AC lot

Operating grain elevator with substantial storage, rail?

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High-Capacity Grain Warehouse
High-Capacity Grain Warehouse

600 S Broadway St, Manito, IL 61546

$499,900
2,000 sqft

Operational grain-handling facility with multiple unloading systems and dedicated office space.

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Equipped Conventional Restaurant
Equipped Conventional Restaurant

301 E MAIN Street, South Pekin, IL 61564

$39,900
0.19 AC lot

Commercial zoning, installed kitchen equipment, and furnished dining areas are in place for a restaurant operation.

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Restaurant with Commercial Kitchen
Restaurant with Commercial Kitchen

301 E Main St, South Pekin, IL 61564

$39,900
1,386 sqft

The property includes commercial kitchen equipment and furnished dining areas.

View details

Off-Market Properties in Forest City, IL

Consider similar Off-Market properties in Forest City, 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.

106 Market
COMMERCIAL (GENERAL)

106 Market, Forest City, IL 61532-9205

Value Estimation by Request
View details
25621 Cr 1980n
INDUSTRIAL (GENERAL)

25621 Cr 1980n, Forest City, IL 61532

$260,000
Estimated value
3.00 AC lot
View details
19598 County Rd 2800th E
COMMERCIAL (GENERAL)

19598 County Rd 2800th E, Forest City, IL 61532-9605

$365,000
Estimated value
21.07 AC lot
View details
302 Broadway St
COMMERCIAL (GENERAL)

302 Broadway St, Forest City, IL 61532-9321

Value Estimation by Request
View details
100 Main St
COMMERCIAL (GENERAL)

100 Main St, Forest City, IL 61532-9328

$245,000
Estimated value
0.03 AC lot
View details
307 Main St
COMMERCIAL (GENERAL)

307 Main St, Forest City, IL 61532-9332

Value Estimation by Request
View details
101 Main St
COMMERCIAL (GENERAL)

101 Main St, Forest City, IL 61532-9343

Value Estimation by Request
View details
510 Promenade St
INDUSTRIAL (GENERAL)

510 Promenade St, Forest City, IL 61532-7501

$270,000
Estimated value
0.23 AC lot
View details
27328 Manito Rd
COMMERCIAL (GENERAL)

27328 Manito Rd, Forest City, IL 61532

$260,000
Estimated value
11.56 AC lot
View details
101 Main St
COMMERCIAL (GENERAL)

101 Main St, Forest City, IL 61532-9800

Value Estimation by Request
View details
102 Main St
INDUSTRIAL (GENERAL)

102 Main St, Forest City, IL 61532

Value Estimation by Request
View details
17044 County Rd 3100th E
INDUSTRIAL (GENERAL)

17044 County Rd 3100th E, Forest City, IL 61532

$270,000
Estimated value
0.23 AC lot
View details
18995 County Rd 2800th E
INDUSTRIAL (GENERAL)

18995 County Rd 2800th E, Forest City, IL 61532

$265,000
Estimated value
0.23 AC lot
View details
Cr 2800e
INDUSTRIAL (GENERAL)

Cr 2800e, Forest City, IL 61532

$295,000
Estimated value
39.77 AC lot
View details

Forest City, IL Commercial Real Estate Market Trends and Statistics

Explore 18 commercial real estate for sale in Forest City, IL, showcased through 4 active listings on our real estate platform.

Sale prices for business properties in Forest City, IL start at $44,900, averaging $697,450, and reaching up to $1,350,000 — 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 404
Population Growth (5Y) -37.4%
Median Household Income $52,857
College Educated 21.6%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
61532 $697.5K

Taxes & Financing

Tax Rate (average for all types) 8.56%
Average Loan-to-Value 65.0%

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