Groveland, IL Commercial real estate for sale

Remodeled Mixed-Use Building in Groveland

$569,000

0.44 Acres

Remodeled Mixed-Use Building in Groveland

19478 SPRINGFIELD Road, Groveland, IL 61535

Fully occupied mixed-use building with long-term tenants and leases.

Strong 9.07% Cap Rate
In‑Place Net Operating Income (NOI) of $51,216
Fully Occupied with Long‑Term Tenants and Leases
Newly Remodeled Mixed‑Use Building
Turn‑Key Property with Minimal Landlord Responsibilities

Updated: May 2, 2025

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$569,000

Remodeled Mixed-Use Building in Groveland

19478 SPRINGFIELD Road, Groveland, IL 61535

Fully occupied mixed-use property with long-term tenants and leases.

High yearly gross rental income of $67,560.
Recent upgrades including paint, flooring, carpet, lighting, furnaces, AC units and water heater.
5 unit multifamily & commercial space building.
Long term tenants.
Low overhead property.

Updated: May 13, 2025

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$569,000

6,200 SF

Remodeled Mixed-Use Building For Sale

Fully occupied mixed-use building with long-term tenants and leases.

19478 SPRINGFIELD Road, Groveland, IL 61535

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Explore Opportunities in Nearby Cities

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Explore Off-Market Properties in Groveland, IL

Consider similar Off-Market properties in Groveland, 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.

18881 Springfield Rd

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Value Estimation by Request

18881 Springfield Rd, Groveland, IL 61535-9509

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Roberts St Ofc Of

VACANT COMMERCIAL LAND • 3.05 Acres

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4990 Edgewater Dr

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Value Estimation by Request

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Roberts St

VACANT COMMERCIAL LAND • 0.45 Acres

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18670 Springfield Rd

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5324 Queenwood Rd

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240 Main St

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4980 Edgewater Dr

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18603 Springfield Rd

COMMERCIAL (GENERAL) • 22,437 SF

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$690,000

18603 Springfield Rd, Groveland, IL 61535-9505

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19478 Springfield Rd

OFFICE (GENERAL) • 6,245 SF

Value Estimation by Request

19478 Springfield Rd, Groveland, IL 61535-9568

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17243 Springfield Rd

COMMERCIAL (GENERAL) • 2,304 SF

Value Estimation by Request

17243 Springfield Rd, Groveland, IL 61535

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4965 Edgewater Dr

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4965 Edgewater Dr, Groveland, IL 61535-9753

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675 Brecher Ln

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5058 Edgewater Dr

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Value Estimation by Request

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5100 Edgewater Dr

COMMERCIAL (GENERAL) • 612 SF

Value Estimation by Request

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Springfield Rd

VACANT COMMERCIAL LAND • 0.11 Acres

Value Estimation by Request

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Springfield Rd

VACANT COMMERCIAL LAND • 0.12 Acres

Value Estimation by Request

Springfield Rd, Groveland, IL 61535

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Springfield Rd

VACANT COMMERCIAL LAND • 0.13 Acres

Value Estimation by Request

Springfield Rd, Groveland, IL 61535

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19416 Springfield Rd, Unit PARCEL

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Value Estimation by Request

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18012 Unsicker Rd

INDUSTRIAL (GENERAL) • 1.22 Acres

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240 Whispering Oaks Dr

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Value Estimation by Request

240 Whispering Oaks Dr, Groveland, IL 61535-9542

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Groveland, IL Commercial Real Estate Investment Opportunities Market Analysis

Explore 43 commercial real estate for sale in Groveland, IL, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 19,166 square feet of properties for sale, with an estimated market value of $569,000.

Sale prices for business properties in Groveland, IL start at $569,000, averaging $569,000, and reaching up to $569,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

Groveland, IL Commercial Real Estate for Sale

Remodeled Mixed-Use Building in Groveland

Fully occupied mixed-use building with long-term tenants and leases.