Franklin, IL Commercial Real Estate for Sale

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Restaurant with Beer Garden
Updated: May 7
Restaurant with Beer Garden

204 E Wyatt Street, Franklin, IL 62638

$195,000
Approximately 3,120 square feet of restaurant and bar space
6‑machine gaming area; owner licensing required
Dedicated party room for private gatherings
Outdoor beer garden and patio
Outdoor space wired for live music
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1 active listing matches your search: For sale in Franklin, IL. Based on your search, we've also compiled 47 Potential Opportunities for your consideration: 4 properties in nearby cities and 43 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.

38-Acre Farmland Tract
38-Acre Farmland Tract

8812 EMMERSON AIRLINE RD, Palmyra, IL 62674

$657,531
38 sqft

Tillable agricultural acreage with productive soils near Palmyra and area grain elevators.

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Commercial Land Near I-72
Commercial Land Near I-72

Southbrooke Road, South, Jacksonville, IL 62650

$350,000
1.64 acres

Two commercial lots near I-72 with commercial zoning and water available.

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Hotel with Manager Suite
Hotel with Manager Suite

200 COMFORT Drive, Jacksonville, IL 62650

$3,300,000
Business included  2.13 acres  Built 2000
Highway access

Hotel includes guest laundry, fitness facilities, business center, and on-site management accommodation.

Sprinklered  Security cameras  Vending machines  Business center  Guest laundry  Fitness room
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Contiguous Farmland Parcels
Contiguous Farmland Parcels

8812 EMMERSON AIRLINE RD, PALMYRA, IL 62674, Palmyra, IL 62674

$657,531
38.6 acres

Two adjoining parcels carry a 138.9 Productivity Index and are available for the 2027 farming season.

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Off-Market Properties in Franklin, IL

Consider similar Off-Market properties in Franklin, 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.

Franklin, IL 62638
COMMERCIAL (GENERAL)

Franklin, IL 62638

Estimated value:
$55,000
1,644 sqft 0.05 AC lot
View details
Franklin, IL 62638
INDUSTRIAL (GENERAL)

Franklin, IL 62638

Estimated value:
$500,000
6.40 AC lot
View details
312 Wyatt Ave
COMMERCIAL (GENERAL)

312 Wyatt Ave, Franklin, IL 62638-7500

Estimated value:
$70,000
0.07 AC lot
View details
2967 State Hwy 104
COMMERCIAL (GENERAL)

2967 State Hwy 104, Franklin, IL 62638

Estimated value:
$60,000
3,200 sqft 0.36 AC lot
View details
Franklin, IL 62638
COMMERCIAL (GENERAL)

Franklin, IL 62638

Estimated value:
$85,000
1.02 AC lot
View details
202 Main St
VACANT COMMERCIAL LAND

202 Main St, Franklin, IL 62638-5173

Estimated value:
$265,000
0.12 AC lot
View details
2877 State Hwy 104
COMMERCIAL (GENERAL)

2877 State Hwy 104, Franklin, IL 62638-4962

Estimated value:
$255,000
13.60 AC lot
View details
Franklin, IL 62638
COMMERCIAL (GENERAL)

Franklin, IL 62638

Estimated value:
$260,000
0.85 AC lot
View details
2930 State Hwy 104
COMMERCIAL (GENERAL)

2930 State Hwy 104, Franklin, IL 62638-5137

Estimated value:
$215,000
0.58 AC lot
View details
Franklin, IL 62638
VACANT COMMERCIAL LAND

Franklin, IL 62638

Estimated value:
$210,000
0.80 AC lot
View details
204 Wyatt Ave
COMMERCIAL (GENERAL)

204 Wyatt Ave, Franklin, IL 62638-5197

Estimated value:
$260,000
0.13 AC lot
View details
101 Ww St
COMMERCIAL (GENERAL)

101 Ww St, Franklin, IL 62638-5183

Estimated value:
$265,000
0.69 AC lot
View details
117 Reinbach
COMMERCIAL (GENERAL)

117 Reinbach, Franklin, IL 62638-4948

Estimated value:
$255,000
0.15 AC lot
View details
Franklin, IL 62638
COMMERCIAL (GENERAL)

Franklin, IL 62638

Estimated value:
$260,000
2.43 AC lot
View details
Franklin, IL 62638
COMMERCIAL (GENERAL)

Franklin, IL 62638

Estimated value:
$260,000
0.22 AC lot
View details
615 Outing Clb Rd
COMMERCIAL (GENERAL)

615 Outing Clb Rd, Franklin, IL 62638

Estimated value:
$265,000
3.30 AC lot
View details
Franklin, IL 62638
COMMERCIAL (GENERAL)

Franklin, IL 62638

Estimated value:
$265,000
0.11 AC lot
View details
Franklin, IL 62638
COMMERCIAL (GENERAL)

Franklin, IL 62638

Estimated value:
$260,000
0.13 AC lot
View details
117 Reinbach
COMMERCIAL (GENERAL)

117 Reinbach, Franklin, IL 62638-4948

Estimated value:
$255,000
0.46 AC lot
View details
2963 State Hwy 104
COMMERCIAL (GENERAL)

2963 State Hwy 104, Franklin, IL 62638-5136

Estimated value:
$255,000
0.81 AC lot
View details
104 State
COMMERCIAL (GENERAL)

104 State, Franklin, IL 62638

Estimated value:
$255,000
0.17 AC lot
View details
765 Rees Sta Rd
INDUSTRIAL (GENERAL)

765 Rees Sta Rd, Franklin, IL 62638-5122

Estimated value:
$375,000
3.25 AC lot
View details
101 Railroad St
INDUSTRIAL (GENERAL)

101 Railroad St, Franklin, IL 62638

Estimated value:
$270,000
0.36 AC lot
View details

Franklin, IL Commercial Real Estate Market Trends and Statistics

Explore 44 commercial real estate for sale in Franklin, IL on our real estate platform.

Sale prices for business properties in Franklin, IL average $195,000 — 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 1,326
Population Growth (5Y) -2.8%
Median Household Income $80,395
College Educated 20.5%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
62638 $195K

Taxes & Financing

Tax Rate (average for all types) 6.17%
Property Tax per SF $44.85 per SF
Average Loan-to-Value 65.0%

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