Philo, IL
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    Philo, IL Commercial Real Estate for Sale

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    Sidney, IL Urbana, IL Tolono, IL
    Restored Historic Mixed-Use Building
    $395,000
    0.06 Acres

    Restored Historic Mixed-Use Building

    106 W Washington Street, Philo, IL 61864

    Completely renovated mixed-use property with retail and residential spaces.

    • Prime downtown location with historic charm and modern upgrades.
    • Turnkey property with multiple income streams from salon and three‑bedroom apartment.
    • Main level salon features a stylish layout with hair services, retail space, and private med spa.
    • Spacious three‑bedroom apartment with new windows and a large eat‑in kitchen.
    • Ample parking with street parking, rear alley access, and a private parking spot.
    Updated: Mar 28
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    Versatile Commercial Space in Philo
    $495,000
    41,247 SF

    Versatile Commercial Space in Philo

    204 Monroe Street, Philo, IL 61864

    Functional commercial space with flexible layout and desirable features.

    • Highly visible location with strong street presence
    • Flexible interior layout suitable for various business types
    • Ready for immediate use with a mix of open workspace and private offices
    • Newer HVAC system (approximately 3 years old)
    • Fiber internet wiring and split AC system in the server room
    Updated: May 18
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    Based on your search, we've compiled 47 Potential Opportunities for your consideration. Besides 2 Active listings in Philo, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 41 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.

    Veterinary Clinic with Crematory Business
    $2,000,000
    4.80 Acres

    Veterinary Clinic with Crematory Business

    Turnkey veterinary clinic with living quarters and crematory business.

    854 County Road 2100, Sidney, IL 61877
    View details
    Commercial Land Near Main Street
    $30,000
    0.91 Acres

    Commercial Land Near Main Street

    0.91 acre commercial lot with endless opportunities in Sidney, IL.

    413 W Main Street, Sidney, IL 61877
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    Urbana Commercial Lot For Sale
    $750,000
    6.53 Acres

    Urbana Commercial Lot For Sale

    6.53-acre commercial lot at Windsor & High Cross Road.

    2601 S High Cross Rd, Urbana, IL 61802
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    Urbana Commercial Lot in Stone Creek
    $441,481
    2.03 Acres

    Urbana Commercial Lot in Stone Creek

    2.03-acre commercial lot in southeast Urbana's Stone Creek Commons.

    2810 Boulder Dr, Urbana, IL 61802
    View details

    Off-Market Properties in Philo, IL

    Consider similar Off-Market properties in Philo, 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.

    308 Lincoln St

    308 Lincoln St

    COMMERCIAL (GENERAL)
    Value Estimation by Request
    308 Lincoln St, Philo, IL 61864-9634
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    103 Grant St

    103 Grant St

    COMMERCIAL (GENERAL)
    Value Estimation by Request
    103 Grant St, Philo, IL 61864-9717
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    112 Washington St

    112 Washington St

    COMMERCIAL (GENERAL)
    Value Estimation by Request
    112 Washington St, Philo, IL 61864-9001
    View details
    202 Washington St

    202 Washington St

    COMMERCIAL (GENERAL)
    Value Estimation by Request
    202 Washington St, Philo, IL 61864
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    Philo, IL 61864

    Philo, IL 61864

    COMMERCIAL (GENERAL)
    Value Estimation by Request
    Philo, IL 61864
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    Philo, IL 61864

    Philo, IL 61864

    COMMERCIAL (GENERAL) • 0.69 Acres
    Value Estimation
    $630,000
    Philo, IL 61864
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    Philo, IL 61864

    Philo, IL 61864

    COMMERCIAL (GENERAL) • 1.90 Acres
    Value Estimation by Request
    Philo, IL 61864
    View details
    Philo, IL 61864

    Philo, IL 61864

    COMMERCIAL (GENERAL)
    Value Estimation by Request
    Philo, IL 61864
    View details
    1845 County Rd 300th N

    1845 County Rd 300th N

    COMMERCIAL (GENERAL) • 1.88 Acres
    Value Estimation by Request
    1845 County Rd 300th N, Philo, IL 61864-9705
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    105 Harrison St

    105 Harrison St

    COMMERCIAL (GENERAL)
    Value Estimation by Request
    105 Harrison St, Philo, IL 61864-9202
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    122 Washington St

    122 Washington St

    COMMERCIAL (GENERAL)
    Value Estimation by Request
    122 Washington St, Philo, IL 61864-9720
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    124 Washington St

    124 Washington St

    COMMERCIAL (GENERAL)
    Value Estimation by Request
    124 Washington St, Philo, IL 61864-9720
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    207 Washington St

    207 Washington St

    COMMERCIAL (GENERAL)
    Value Estimation by Request
    207 Washington St, Philo, IL 61864-4500
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    102 Lincoln St

    102 Lincoln St

    COMMERCIAL (GENERAL)
    Value Estimation by Request
    102 Lincoln St, Philo, IL 61864-9207
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    120 Washington St

    120 Washington St

    COMMERCIAL (GENERAL)
    Value Estimation by Request
    120 Washington St, Philo, IL 61864-9720
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    101 Grant St

    101 Grant St

    COMMERCIAL (GENERAL) • 0.23 Acres
    Value Estimation by Request
    101 Grant St, Philo, IL 61864-9717
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    204 Monroe St

    204 Monroe St

    COMMERCIAL (GENERAL)
    Value Estimation by Request
    204 Monroe St, Philo, IL 61864-9229
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    Philo, IL 61864

    Philo, IL 61864

    COMMERCIAL (GENERAL) • 8.90 Acres
    Value Estimation by Request
    Philo, IL 61864
    View details
    407 Lincoln St

    407 Lincoln St

    COMMERCIAL (GENERAL) • 0.75 Acres
    Value Estimation by Request
    407 Lincoln St, Philo, IL 61864-5506
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    307 Lincoln St

    307 Lincoln St

    COMMERCIAL (GENERAL) • 1.27 Acres
    Value Estimation by Request
    307 Lincoln St, Philo, IL 61864-9511
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    101 Washington St

    101 Washington St

    COMMERCIAL (GENERAL)
    Value Estimation by Request
    101 Washington St, Philo, IL 61864-9002
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    105 Washington St

    105 Washington St

    COMMERCIAL (GENERAL)
    Value Estimation by Request
    105 Washington St, Philo, IL 61864-9715
    View details

    Philo, IL Commercial Real Estate Investment Opportunities Market Analysis

    Explore 43 commercial real estate for sale in Philo, IL on our real estate platform. These investment opportunities span a total of 41,247 square feet of properties for sale, with an estimated market value of $495,000.

    Sale prices for business properties in Philo, IL start at $495,000, averaging $495,000, and reaching up to $495,000 — 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 1,714
    Population Growth (5Y) -0.3%
    Median Household Income $91,827
    College Educated 36.4%

    High-Yield Neighborhoods for Strategic Investment

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

    Neighborhood Average Price
    61864 $395K

    Taxes & Financing

    Tax Rate (average for all types) 6.20%
    Average Loan-to-Value 65.0%

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