Franklin, IL Commercial Real Estate for Sale

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Bar & Pub with Patio and Gaming
Updated: May 7
Bar & Pub with Patio and Gaming

204 E Wyatt Street, Franklin, IL 62638

$195,000
Approximately 3,120 SF bar and restaurant building with dedicated party room
Outdoor beer garden/patio space with wiring for live music
Gaming area with 6 machines
WiFi and fiber optic internet for reliable connectivity
Natural gas heating and central air cooling
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Based on your search, we've compiled 48 Potential Opportunities for your consideration. Besides 1 Active listings in Franklin, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 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.

Flex Space with Warehouse Shop
Flex Space with Warehouse Shop

207 S OLIVE Street, New Berlin, IL 62670

$230,000
0.19 AC lot

Steel-frame facility combining finished office areas with functional shop space and secured outdoor parking.

View details
Restaurant-Ready Commercial Property
Restaurant-Ready Commercial Property

223 N Pearl Street, Waverly, IL 62692

$125,000
0.15 AC lot

Two connected buildings combine established food-service infrastructure with unfinished upper-level space for storage or future commercial use.

View details
Flag Hotel with Metal Roof
Flag Hotel with Metal Roof

200 COMFORT Drive, Jacksonville, IL 62650

$3,300,000
2.13 AC lot

Flag hotel on 2.13 acres built in 2000 with a sprinkler system, metal roof, and central air with forced-air heat.

View details
Dual-Tenant Retail Building
Dual-Tenant Retail Building

2124 E MORTON AVE, Jacksonville, IL 62650

Contact for pricing
2,000 sqft 1.51 AC lot

Retail building built in 2023 with dual-tenant setup offered as a business and building package deal.

View details

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

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

Franklin, IL 62638

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

312 Wyatt Ave, Franklin, IL 62638-7500

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

2967 State Hwy 104, Franklin, IL 62638

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

Franklin, IL 62638

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

202 Main St, Franklin, IL 62638-5173

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

2877 State Hwy 104, Franklin, IL 62638-4962

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

Franklin, IL 62638

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

2930 State Hwy 104, Franklin, IL 62638-5137

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

Franklin, IL 62638

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

204 Wyatt Ave, Franklin, IL 62638-5197

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

101 Ww St, Franklin, IL 62638-5183

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

117 Reinbach, Franklin, IL 62638-4948

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

Franklin, IL 62638

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

Franklin, IL 62638

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

615 Outing Clb Rd, Franklin, IL 62638

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

Franklin, IL 62638

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

Franklin, IL 62638

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

117 Reinbach, Franklin, IL 62638-4948

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

2963 State Hwy 104, Franklin, IL 62638-5136

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

104 State, Franklin, IL 62638

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

765 Rees Sta Rd, Franklin, IL 62638-5122

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

101 Railroad St, Franklin, IL 62638

$270,000
Estimated value
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%

Listings Trend

New vs delisted commercial listings in Morgan County

New Delisted

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