Groveland, IL
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    Groveland, IL Commercial Real Estate for Sale

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    Morton, IL East Peoria, IL Pekin, IL
    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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    Remodeled Mixed-Use Building in Groveland
    $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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    Remodeled Mixed-Use Building For Sale
    $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
    View details
    Based on your search, we've compiled 47 Potential Opportunities for your consideration. Besides 3 Active listings in Groveland, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 40 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.

    Morton Building For Sale
    $2,550,000
    13,200 SF

    Morton Building For Sale

    13,200 SF building with long-term lease in place.

    1810 S Main St, Morton, IL 61550
    View details
    Mixed-Use Building Near Morton
    $314,900
    0.70 Acres

    Mixed-Use Building Near Morton

    Multi-use building with commercial spaces and apartments near Morton.

    3409 MEADOW Avenue, East Peoria, IL 61611
    View details
    49 Acres Agricultural Land Available
    $320,000
    4.00 Acres

    49 Acres Agricultural Land Available

    Two lots of agricultural land available for sale.

    622 Pinecrest Dr, East Peoria, IL
    View details
    Development Ready Land in Morton
    Contact for pricing
    1.96 Acres

    Development Ready Land in Morton

    1.96 acres of development-ready land with municipal utilities.

    866 W Birchwood St, Morton, IL 61550
    View details

    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.

    18670 Springfield Rd

    18670 Springfield Rd

    MINI-WAREHOUSE, STORAGE • 2,904 SF
    Value Estimation by Request
    18670 Springfield Rd, Groveland, IL 61535-9504
    View details
    18881 Springfield Rd

    18881 Springfield Rd

    COMMERCIAL (GENERAL) • 1,440 SF
    Value Estimation by Request
    18881 Springfield Rd, Groveland, IL 61535-9509
    View details
    Roberts St Ofc Of

    Roberts St Ofc Of

    VACANT COMMERCIAL LAND • 3.05 Acres
    Value Estimation by Request
    Roberts St Ofc Of, Groveland, IL 61535
    View details
    4990 Edgewater Dr

    4990 Edgewater Dr

    PARKING GARAGE, PARKING STRUCTURE • 4,280 SF
    Value Estimation by Request
    4990 Edgewater Dr, Groveland, IL 61535-9752
    View details
    Roberts St

    Roberts St

    VACANT COMMERCIAL LAND • 0.45 Acres
    Value Estimation by Request
    Roberts St, Groveland, IL 61535
    View details
    5324 Queenwood Rd

    5324 Queenwood Rd

    INDUSTRIAL (GENERAL) • 1.16 Acres
    Value Estimation by Request
    5324 Queenwood Rd, Groveland, IL 61535-9615
    View details
    240 Main St

    240 Main St

    INDUSTRIAL (GENERAL) • 0.55 Acres
    Value Estimation by Request
    240 Main St, Groveland, IL 61535-9766
    View details
    4980 Edgewater Dr

    4980 Edgewater Dr

    BAR, TAVERN • 2,304 SF
    Value Estimation by Request
    4980 Edgewater Dr, Groveland, IL 61535-9752
    View details
    18603 Springfield Rd

    18603 Springfield Rd

    COMMERCIAL (GENERAL) • 22,437 SF
    Value Estimation
    $690,000
    18603 Springfield Rd, Groveland, IL 61535-9505
    View details
    19478 Springfield Rd

    19478 Springfield Rd

    OFFICE (GENERAL) • 6,245 SF
    Value Estimation by Request
    19478 Springfield Rd, Groveland, IL 61535-9568
    View details
    17243 Springfield Rd

    17243 Springfield Rd

    COMMERCIAL (GENERAL) • 2,304 SF
    Value Estimation by Request
    17243 Springfield Rd, Groveland, IL 61535
    View details
    4965 Edgewater Dr

    4965 Edgewater Dr

    MINI-WAREHOUSE, STORAGE • 1,260 SF
    Value Estimation by Request
    4965 Edgewater Dr, Groveland, IL 61535-9753
    View details
    675 Brecher Ln

    675 Brecher Ln

    COMMERCIAL (GENERAL) • 144 SF
    Value Estimation by Request
    675 Brecher Ln, Groveland, IL 61535
    View details
    5058 Edgewater Dr

    5058 Edgewater Dr

    INDUSTRIAL (GENERAL) • 0.76 Acres
    Value Estimation by Request
    5058 Edgewater Dr, Groveland, IL 61535-9754
    View details
    5100 Edgewater Dr

    5100 Edgewater Dr

    COMMERCIAL (GENERAL) • 612 SF
    Value Estimation by Request
    5100 Edgewater Dr, Groveland, IL 61535-9756
    View details
    Springfield Rd

    Springfield Rd

    VACANT COMMERCIAL LAND • 0.11 Acres
    Value Estimation by Request
    Springfield Rd, Groveland, IL 61535
    View details
    Springfield Rd

    Springfield Rd

    VACANT COMMERCIAL LAND • 0.12 Acres
    Value Estimation by Request
    Springfield Rd, Groveland, IL 61535
    View details
    Springfield Rd

    Springfield Rd

    VACANT COMMERCIAL LAND • 0.13 Acres
    Value Estimation by Request
    Springfield Rd, Groveland, IL 61535
    View details
    19416 Springfield Rd, Unit PARCEL

    19416 Springfield Rd, Unit PARCEL

    CONVENIENCE STORE • 2,844 SF
    Value Estimation by Request
    19416 Springfield Rd, Groveland, IL 61535-9518
    View details
    18012 Unsicker Rd

    18012 Unsicker Rd

    INDUSTRIAL (GENERAL) • 1.22 Acres
    Value Estimation by Request
    18012 Unsicker Rd, Groveland, IL 61535-9526
    View details
    240 Whispering Oaks Dr

    240 Whispering Oaks Dr

    INDUSTRIAL (GENERAL) • 0.11 Acres
    Value Estimation by Request
    240 Whispering Oaks Dr, Groveland, IL 61535-9542
    View details

    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 6,200 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.

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    Demographics Overview

    Population 1,906
    Population Growth (5Y) +12.3%
    Median Household Income $138,594
    College Educated 47.7%

    High-Yield Neighborhoods for Strategic Investment

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

    Neighborhood Average Price
    61535 $569K

    Taxes & Financing

    Average Loan-to-Value 65.0%

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