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    Forsyth, IL

    Forsyth, IL Commercial Real Estate for Sale

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    Decatur, IL Oreana, IL Maroa, IL Macon, IL Mt Zion, IL Cerro Gordo, IL Dalton City, IL Mount Zion, IL
    9 properties
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    Medical Office Space For Sale
    Updated: Aug 1, 2024
    Medical Office Space For Sale

    845 S Route 51, Forsyth, IL 62535

    $1,499,000
    7,200 sqft 1.28 AC lot
    High‑visibility location directly off US Route 51 with over 20,000 vehicles per day.
    Fully leased dual‑tenant facility with a pharmacy already in place.
    7,200 square foot building on a 1.28‑acre parcel.
    Parking lot with 75 spaces and a drive‑through for the pharmacy.
    Medical office space includes a dual‑sided lobby, four restrooms, receptionist area, break room, office, nurse bullpen, lead X‑RAY room, and multiple exam rooms.
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    This listing looks promising.

    Here's a quick look at some key insights for

    845 S Route 51, Forsyth, IL, 62535-9809

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    • Est. Cap Rate

      5.7%
      NOI ÷ price

    • Est. NOI

      $85K
      Annual

    • Price @ 7% Cap

      $1.21M
      Suggested

    • Last Sold

      Apr 2013
      $1.58M
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    NNN Retail Property with Frontage
    Updated: Jul 31
    NNN Retail Property with Frontage

    1085 S Route 51, Forsyth, IL 62535

    Contact for pricing
    15,586 sqft 1.65 AC lot
    15,586‑square‑foot retail property on 1.65 acres
    NNN ground lease with tenant responsibility for taxes, insurance, and maintenance
    Friar Tuck has operated at the site since 2013 and exercised multiple renewal options
    Full frontage along US Highway 51 with approximately 27,400 vehicles per day
    Near Interstate 72, reporting approximately 13,500 vehicles per day
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    Absolute NNN Retail Property
    Absolute NNN Retail Property

    1146 Hickory Point Mall, Forsyth, IL 62535

    Contact for pricing
    90,500 sqft

    Kohl’s has operated at this location since 1982 under an absolute NNN ground lease.

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    Agricultural Land Parcel
    Agricultural Land Parcel

    565 W Marion Ave, Forsyth, IL 62535

    Contact for pricing
    3.07 AC lot

    For-sale agricultural land parcel at W Marion Ave, suitable for farming or land-holding strategies.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Car Wash Redevelopment Site
    Car Wash Redevelopment Site

    138 Highland Dr, Forsyth, IL 62535

    Contact for pricing

    Nearly half-acre property with 2,000+ square feet of improvements and tall pylon signage in a highly visible retail area.

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    Fairfield Inn Forsyth Decatur
    Fairfield Inn Forsyth Decatur

    1417 Hickory Point Dr, Forsyth, IL 62535

    Contact for pricing

    Newly remodeled hotel with ongoing public area renovations.

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    Forsyth Medical Office Investment Opportunity
    Forsyth Medical Office Investment Opportunity

    845 US-51, Forsyth, IL 62535

    Contact for pricing
    7,200 sqft 1.28 AC lot

    Fully leased medical office building for sale in Forsyth, Illinois.

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    Forsyth, IL Mixed-Use Investment
    Forsyth, IL Mixed-Use Investment

    849 U.S. Hwy 51, Forsyth, IL 62535

    Contact for pricing
    6,762 sqft 1.10 AC lot

    Stabilized commercial investment property in Forsyth, Illinois with long-term tenants.

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    Development Lot in Forsyth, Illinois
    Development Lot in Forsyth, Illinois

    US-51, Forsyth, IL 62535

    Contact for pricing
    4.07 AC lot

    4.07-acre development lot with frontage on U.S. Route 51.

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    Based on your search, we've compiled 76 Potential Opportunities for your consideration. Besides 9 Active listings in Forsyth, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 63 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.

    Refreshed Single-Family Home
    Refreshed Single-Family Home

    1118 Wedgewood Court, Decatur, IL 62526

    $399,000
    3,155 sqft

    Updated interior paint, luxury vinyl plank flooring, and a 3-season sunroom complement three updated baths and a walk-in pantry.

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    Versatile Commercial Property in Decatur, IL
    Versatile Commercial Property in Decatur, IL

    2882 N Dinneen St, Decatur, IL 62526

    Contact for pricing
    14,000 sqft 8.00 AC lot

    Spacious 14,000+ sq ft property on 8+ acres.

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    Walgreens on Illinois Route 48
    Walgreens on Illinois Route 48

    1311 IL-48, Decatur, IL 62526

    Contact for pricing
    12,918 sqft

    Net-leased Walgreens in Decatur, Illinois, a durable investment opportunity.

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    Commercial Land Near Interstate 72
    Commercial Land Near Interstate 72

    15 County Fair Drive, Decatur, IL 62526

    Contact for pricing
    1.00 AC lot

    Over one acre parcel suitable for commercial development.

    View details

    Off-Market Properties in Forsyth, IL

    Consider similar Off-Market properties in Forsyth, 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.

    104 Rte 51
    CONVENIENCE STORE (W/FUEL PUMP)

    104 Rte 51, Forsyth, IL 62535-8965

    $340,000
    Estimated value
    0.81 AC lot
    View details
    111 Illini Dr
    COMMERCIAL (GENERAL)

    111 Illini Dr, Forsyth, IL 62535-1068

    $430,000
    Estimated value
    0.52 AC lot
    View details
    422 Elwood St
    SHOW ROOM, WAREHOUSE

    422 Elwood St, Forsyth, IL 62535-8927

    Value Estimation by Request
    0.29 AC lot
    View details
    Forsyth, IL 62535
    VACANT COMMERCIAL LAND

    Forsyth, IL 62535

    $2,050,000
    Estimated value
    2.17 AC lot
    View details
    Forsyth, IL 62535
    VACANT COMMERCIAL LAND

    Forsyth, IL 62535

    $2,050,000
    Estimated value
    3.66 AC lot
    View details
    124 Highland Dr
    SHOW ROOM, WAREHOUSE

    124 Highland Dr, Forsyth, IL 62535-8906

    $1,930,000
    Estimated value
    0.44 AC lot
    View details
    355 Hickory Pt Rd
    COMMERCIAL (GENERAL)

    355 Hickory Pt Rd, Forsyth, IL 62535

    $445,000
    Estimated value
    1.20 AC lot
    View details
    1429 Hickory Pt Dr
    HOTEL/MOTEL

    1429 Hickory Pt Dr, Forsyth, IL 62535-1060

    $4,150,000
    Estimated value
    1.07 AC lot
    View details
    690 Rte 51
    COMMERCIAL (GENERAL)

    690 Rte 51, Forsyth, IL 62535-9001

    $350,000
    Estimated value
    0.91 AC lot
    View details
    690 Rte 51
    COMMERCIAL (GENERAL)

    690 Rte 51, Forsyth, IL 62535-9001

    $350,000
    Estimated value
    944 sqft 4.09 AC lot
    View details
    Forsyth, IL 62535
    COMMERCIAL (GENERAL)

    Forsyth, IL 62535

    $350,000
    Estimated value
    0.40 AC lot
    View details
    125 Magnolia Dr
    COMMERCIAL (GENERAL)

    125 Magnolia Dr, Forsyth, IL 62535

    $500,000
    Estimated value
    0.35 AC lot
    View details
    115 Magnolia Dr
    PARKING LOT

    115 Magnolia Dr, Forsyth, IL 62535-9605

    $500,000
    Estimated value
    0.22 AC lot
    View details
    Forsyth, IL 62535
    RECREATIONAL, ENTERTAINMENT

    Forsyth, IL 62535

    $185,000
    Estimated value
    12.68 AC lot
    View details
    105 Magnolia Dr
    AUTO REPAIR, GARAGE

    105 Magnolia Dr, Forsyth, IL 62535-9605

    $195,000
    Estimated value
    0.53 AC lot
    View details

    Forsyth, IL Commercial Real Estate Market Trends and Statistics

    Explore 72 commercial real estate for sale in Forsyth, IL, showcased through 9 active listings on our real estate platform. These investment opportunities span a total of 127,248 square feet of properties for sale, with an estimated market value of $1,499,000.

    Sale prices for business properties in Forsyth, IL average $1,499,000 — 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 3,656
    Population Growth (5Y) +21.7%
    Median Household Income $113,456
    College Educated 81.2%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    62535 $1.5M

    Taxes & Financing

    Average Loan-to-Value 65.0%

    Property Size Breakdown

    The majority of commercial real estate listings in Forsyth fall within the 100,000+ square foot range.

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