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Franklin Grove, IL

Franklin Grove, IL Commercial Real Estate for Sale

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Dixon, IL Amboy, IL Oregon, IL Rochelle, IL Steward, IL Kings, IL Compton, IL Sublette, IL

Flex Space Building with Overhead Doors

Updated: May 19

Flex Space Building with Overhead Doors

116 W South Street, Franklin Grove, IL 61031

$129,900

0.13 AC lot

2,400 SF flex space building built in 1955
Two overhead garage doors for shop and workspace access
0.125‑acre site in Franklin Grove, IL
Reception, private office, and private bathroom
Recent updates: new siding, electrical, plumbing, and heating

Land Near Franklin Grove, IL

Updated: Mar 5

Land Near Franklin Grove, IL

1850 DAYSVILLE Road, Franklin Grove, IL 61031

$89,900

1.65 AC lot

Located just north of Franklin Grove, IL
Ag‑1 zoning allows for homesteading or horses
36' X 24' garage with steel roof and vinyl siding
Includes a vintage 33' X 22' granary
Grain bin provides potential for approximately 9000 bushels of storage

Well-Maintained Flex Space Building

Well-Maintained Flex Space Building

116 West South Street, Franklin Grove, IL 61031

$129,900

3,630 sqft

2400 sq ft flex space with recent upgrades.

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

Retail Property For Sale

Retail Property For Sale

305 Lincoln Hwy, Franklin Grove, IL 61031

Contact for pricing

10,640 sqft

Retail property with limited competition and new construction.

Corner Lot in Franklin Grove

Corner Lot in Franklin Grove

409 N State Street, Franklin Grove, IL 61031

$1,300,000

Corner lot at Route 38 and State Street.

Based on your search, we've compiled 53 Potential Opportunities for your consideration. Besides 5 Active listings in Franklin Grove, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 44 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.

Commercial Property in Dixon, Illinois

Commercial Property in Dixon, Illinois

111 W First Street, Dixon, IL 61021

$225,000

Commercial property for sale in Dixon, Illinois.

Dixon, IL Land For Sale

Dixon, IL Land For Sale

1308 Trail Drive, Dixon, IL 61021

Contact for pricing

0.42 AC lot

Commercial land available in Dixon, Illinois.

Dixon, IL Land For Sale

Dixon, IL Land For Sale

1309 Trail Drive, Dixon, IL 61021

Contact for pricing

0.57 AC lot

Commercial land available in Dixon, Illinois.

Land For Sale Dixon, IL

Land For Sale Dixon, IL

Great Oaks Way lot: 41, Dixon, IL 61021

Contact for pricing

Land available for purchase in Dixon, Illinois.

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.

102 Elm St

COMMERCIAL (GENERAL)

102 Elm St, Franklin Grove, IL 61031-9500

Value Estimation by Request

108 Lincoln Hwy

COMMERCIAL (GENERAL)

108 Lincoln Hwy, Franklin Grove, IL 61031-9306

$85,000

Estimated value

0.23 AC lot

302 Il Rte 38

COMMERCIAL (GENERAL)

302 Il Rte 38, Franklin Grove, IL 61031

$250,000

Estimated value

0.66 AC lot

2075 Daysville Rd

COMMERCIAL (GENERAL)

2075 Daysville Rd, Franklin Grove, IL 61031

$250,000

Estimated value

0.20 AC lot

116 Ws St

COMMERCIAL (GENERAL)

116 Ws St, Franklin Grove, IL 61031-9521

$100,000

Estimated value

0.08 AC lot

121 Elm St

COMMERCIAL (GENERAL)

121 Elm St, Franklin Grove, IL 61031-9500

$70,000

Estimated value

0.43 AC lot

119 Elm St

COMMERCIAL (GENERAL)

119 Elm St, Franklin Grove, IL 61031-9500

$255,000

Estimated value

0.12 AC lot

1817 Il Rte 38

COMMERCIAL (GENERAL)

1817 Il Rte 38, Franklin Grove, IL 61031-9511

$80,000

Estimated value

5.03 AC lot

106 Spg St

COMMERCIAL (GENERAL)

106 Spg St, Franklin Grove, IL 61031

$85,000

Estimated value

0.35 AC lot

305 Lincoln Hwy

COMMERCIAL (GENERAL)

305 Lincoln Hwy, Franklin Grove, IL 61031-9309

$140,000

Estimated value

0.38 AC lot

131 State St

COMMERCIAL (GENERAL)

131 State St, Franklin Grove, IL 61031

$65,000

Estimated value

1.01 AC lot

105 Elm St

COMMERCIAL (GENERAL)

105 Elm St, Franklin Grove, IL 61031-9568

$350,000

Estimated value

0.18 AC lot

113 Elm St

COMMERCIAL (GENERAL)

113 Elm St, Franklin Grove, IL 61031-9788

$260,000

Estimated value

0.18 AC lot

318 Es St

COMMERCIAL (GENERAL)

318 Es St, Franklin Grove, IL 61031-9200

$245,000

Estimated value

7.96 AC lot

127 Elm St

COMMERCIAL (GENERAL)

127 Elm St, Franklin Grove, IL 61031

$255,000

Estimated value

0.13 AC lot

State St

COMMERCIAL (GENERAL)

State St, Franklin Grove, IL 61031

$255,000

Estimated value

0.60 AC lot

240 Whitney St

COMMERCIAL (GENERAL)

240 Whitney St, Franklin Grove, IL 61031-7713

Value Estimation by Request

Franklin Grove, IL 61031

COMMERCIAL (GENERAL)

Franklin Grove, IL 61031

Value Estimation by Request

140 Elm St

COMMERCIAL (GENERAL)

140 Elm St, Franklin Grove, IL 61031

$260,000

Estimated value

Franklin Grove, IL Commercial Real Estate Market Trends and Statistics

Explore 49 commercial real estate for sale in Franklin Grove, IL, showcased through 5 active listings on our real estate platform. These investment opportunities span a total of 14,270 square feet of properties for sale, with an estimated market value of $1,649,700.

Sale prices for business properties in Franklin Grove, IL start at $89,900, averaging $412,425, and reaching up to $1,300,000 — 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 1,615

Population Growth (5Y) +4.8%

Median Household Income $74,050

College Educated 31.0%

High-Yield Neighborhoods for Investment

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

Neighborhood	Average Price
61031	$705K

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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