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    Franklin Grove, IL
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    Franklin Grove, IL Commercial Real Estate for Sale

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    Dixon, IL Oregon, IL Amboy, IL
    6 results
    Updated Commercial Building in Franklin Grove
    $134,900
    2,400 SF

    Updated Commercial Building in Franklin Grove

    116 W South Street, Franklin Grove, IL 61031

    Well-maintained commercial building with recent updates and flexible business uses.

    • Recently updated with new siding, electrical, plumbing, and heating.
    • 2,400 SF commercial building suitable for various business uses.
    • Includes two overhead garage doors and a shop/workspace area.
    • Features a reception area, private office, and private bathroom.
    • Equipped with mini‑split A/C and a backup generator.
    Updated: May 19
    View details
    Renovated Estate with Limitless Potential
    $1,300,000
    15,500 SF

    Renovated Estate with Limitless Potential

    409 N State Street, Franklin Grove, IL 61031

    A multi-building estate with a renovated residence and custom homes.

    • Multi‑building estate: 1913 renovated main house plus two additional custom‑built homes.
    • Main house: 10,000+ sq ft, 6 bedrooms, meticulously renovated with historic character and modern amenities.
    • Carriage house: 2,300 sq ft, full kitchen, king suite with spa bath, private deck, and 5‑car heated garage.
    • Cottage: 3,200 sq ft, vaulted ceilings, open‑design kitchen, full‑length decks, and garden‑style lower level.
    • Unique features: Stone cellar with sauna, garden pagoda, water garden with koi pond, yoga lawn, and fruit trees.
    Updated: Mar 10
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    Land Near Franklin Grove, IL
    $89,900
    1.65 Acres

    Land Near Franklin Grove, IL

    1.65 acre land with garage and grain storage.

    1850 DAYSVILLE, Franklin Grove, IL 61031
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    Corner Lot in Franklin Grove
    $1,300,000

    Corner Lot in Franklin Grove

    Corner lot at Route 38 and State Street.

    409 N State Street, Franklin Grove, IL 61031
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    Well-Maintained Flex Space Building
    $140,000
    3,630 SF

    Well-Maintained Flex Space Building

    2400 sq ft flex space with recent upgrades.

    116 West South Street, Franklin Grove, IL 61031
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    Retail Property For Sale
    $1,909,896
    10,640 SF

    Retail Property For Sale

    Retail property with limited competition and new construction.

    305 Lincoln Hwy, Franklin Grove, IL 61031
    View details
    Based on your search, we've compiled 55 Potential Opportunities for your consideration. Besides 6 Active listings in Franklin Grove, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 45 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.

    Versatile Commercial Property, High Traffic
    $399,000
    4,992 SF

    Versatile Commercial Property, High Traffic

    Adaptable commercial property with office and shop space in Dixon.

    1139 Franklin Grove Road, Dixon, IL 61021
    View details
    Dixon, IL Land For Sale
    Contact for pricing
    0.42 Acres

    Dixon, IL Land For Sale

    Commercial land available in Dixon, Illinois.

    1308 Trail Drive, Dixon, IL 61021
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    Dixon, IL Land For Sale
    Contact for pricing
    0.57 Acres

    Dixon, IL Land For Sale

    Commercial land available in Dixon, Illinois.

    1309 Trail Drive, Dixon, IL 61021
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    Land For Sale Dixon, IL
    Contact for pricing

    Land For Sale Dixon, IL

    Land available for purchase in Dixon, Illinois.

    Great Oaks Way lot: 41, Dixon, IL 61021
    View details

    Off-Market Properties in Franklin Grove, IL

    Consider similar Off-Market properties in Franklin Grove, 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.

    225 Lincoln Hwy

    225 Lincoln Hwy

    COMMERCIAL (GENERAL) • 0.30 Acres
    Value Estimation by Request
    225 Lincoln Hwy, Franklin Grove, IL 61031-9307
    View details
    102 Elm St

    102 Elm St

    COMMERCIAL (GENERAL)
    Value Estimation by Request
    102 Elm St, Franklin Grove, IL 61031-9500
    View details
    108 Lincoln Hwy

    108 Lincoln Hwy

    COMMERCIAL (GENERAL) • 0.23 Acres
    Value Estimation by Request
    108 Lincoln Hwy, Franklin Grove, IL 61031-9306
    View details
    302 Il Rte 38

    302 Il Rte 38

    COMMERCIAL (GENERAL) • 0.66 Acres
    Value Estimation by Request
    302 Il Rte 38, Franklin Grove, IL 61031
    View details
    2075 Daysville Rd

    2075 Daysville Rd

    COMMERCIAL (GENERAL) • 0.20 Acres
    Value Estimation by Request
    2075 Daysville Rd, Franklin Grove, IL 61031
    View details
    116 Ws St

    116 Ws St

    COMMERCIAL (GENERAL) • 0.08 Acres
    Value Estimation by Request
    116 Ws St, Franklin Grove, IL 61031-9521
    View details
    121 Elm St

    121 Elm St

    COMMERCIAL (GENERAL) • 0.43 Acres
    Value Estimation by Request
    121 Elm St, Franklin Grove, IL 61031-9500
    View details
    119 Elm St

    119 Elm St

    COMMERCIAL (GENERAL) • 0.12 Acres
    Value Estimation by Request
    119 Elm St, Franklin Grove, IL 61031-9500
    View details
    1817 Il Rte 38

    1817 Il Rte 38

    COMMERCIAL (GENERAL) • 5.03 Acres
    Value Estimation by Request
    1817 Il Rte 38, Franklin Grove, IL 61031-9511
    View details
    106 Spg St

    106 Spg St

    COMMERCIAL (GENERAL) • 0.35 Acres
    Value Estimation by Request
    106 Spg St, Franklin Grove, IL 61031
    View details
    305 Lincoln Hwy

    305 Lincoln Hwy

    COMMERCIAL (GENERAL) • 0.38 Acres
    Value Estimation by Request
    305 Lincoln Hwy, Franklin Grove, IL 61031-9309
    View details
    131 State St

    131 State St

    COMMERCIAL (GENERAL) • 1.01 Acres
    Value Estimation by Request
    131 State St, Franklin Grove, IL 61031
    View details
    105 Elm St

    105 Elm St

    COMMERCIAL (GENERAL) • 0.18 Acres
    Value Estimation by Request
    105 Elm St, Franklin Grove, IL 61031-9568
    View details
    113 Elm St

    113 Elm St

    COMMERCIAL (GENERAL) • 0.18 Acres
    Value Estimation by Request
    113 Elm St, Franklin Grove, IL 61031-9788
    View details
    318 Es St

    318 Es St

    COMMERCIAL (GENERAL) • 7.96 Acres
    Value Estimation by Request
    318 Es St, Franklin Grove, IL 61031-9200
    View details
    127 Elm St

    127 Elm St

    COMMERCIAL (GENERAL) • 0.13 Acres
    Value Estimation by Request
    127 Elm St, Franklin Grove, IL 61031
    View details
    State St

    State St

    COMMERCIAL (GENERAL) • 0.60 Acres
    Value Estimation by Request
    State St, Franklin Grove, IL 61031
    View details
    240 Whitney St

    240 Whitney St

    COMMERCIAL (GENERAL)
    Value Estimation by Request
    240 Whitney St, Franklin Grove, IL 61031-7713
    View details

    Franklin Grove, IL Commercial Real Estate Investment Opportunities Market Analysis

    Explore 51 commercial real estate for sale in Franklin Grove, IL, showcased through 6 active listings on our real estate platform. These investment opportunities span a total of 32,170 square feet of properties for sale, with an estimated market value of $3,484,796.

    Sale prices for business properties in Franklin Grove, IL start at $134,900, averaging $871,199, and reaching up to $1,909,896 — 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 1,615
    Population Growth (5Y) +4.8%
    Median Household Income $74,050
    College Educated 31.0%

    High-Yield Neighborhoods for Strategic Investment

    Identify Franklin Grove submarkets with the highest inventory density on the market and evaluate the median listing prices of real estate assets

    Neighborhood Average Price
    61031 $813.3K

    Taxes & Financing

    Tax Rate (average for all types) 8.32%
    Tax Rate vs County Average 0.11 pp above county avg
    Average Loan-to-Value 65.0%

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