Roanoke, IL Commercial Real Estate for Sale

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Storefront Live-Work Space
Updated: Nov 1, 2025
Storefront Live-Work Space

320 N Main Street, Roanoke, IL 61561

$159,900
Storefront with private offices and conference rooms
Two full bathrooms, including one on the main level and one in the basement
Basement includes kitchen, refrigerator, stove, two pantries, family room, and private room
Roof installed in 2023
RTAIL zoning in downtown Roanoke
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Triple Net Leased Industrial Warehouse
Updated: Jun 16
Triple Net Leased Industrial Warehouse

1503 West Front Street, Roanoke, IL 61561

Contact for pricing
37,717 sqft 9.85 AC lot
2006‑built industrial warehouse property with 37,717 rentable SF on an estimated 9.85‑acre parcel
20‑year Triple Net (NNN) lease in place with Basin Industries
Lease term will commence upon close of escrow
Annual rent is $260,247 with scheduled 2.00% annual increases
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Remodeled Retail Open Space
Remodeled Retail Open Space

311 N. Main Street, Roanoke, IL 61561

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Remodeled in 2016 with high industrial-style ceilings and large front windows providing abundant natural light.

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Commercial Land in Central Location
Commercial Land in Central Location

200 N. Main Street, Roanoke, IL 61561

Contact for pricing

Centrally located commercial land with easy access to major routes.

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Based on your search, we've compiled 76 Potential Opportunities for your consideration. Besides 4 Active listings in Roanoke, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 68 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.

Turnkey Bar and Restaurant
Turnkey Bar and Restaurant

895 N Francis St, Washburn, IL 61570

Contact for pricing
5,000 sqft 2.20 AC lot

Turnkey bar/restaurant with fully equipped commercial kitchen, dining area, stage, mezzanine, and outdoor patio.

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Eight-Unit Multifamily Package
Eight-Unit Multifamily Package

418 N Spring Street, Metamora, IL 61548

Contact for pricing
40,500 sqft

Commercial zoning combines three residential buildings with a separate pay-to-park lot.

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Bar & Pub with Equipment Included
Bar & Pub with Equipment Included

133 S JEFFERSON Street, Washburn, IL 61570

$60,000

Commercial-zoned bar includes real estate, equipment, and table and chairs, with central air and natural gas forced-air heat.

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Restaurant Building with Banquet Room
Restaurant Building with Banquet Room

939 W. Mount Vernon, Metamora, IL 61548

Contact for pricing

Restaurant building with a fully equipped kitchen, seating, and a 2,500-square-foot banquet-style room addition.

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Off-Market Properties in Roanoke, IL

Consider similar Off-Market properties in Roanoke, 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.

422 Main St
VEHICLE SALES, RENTALS

422 Main St, Roanoke, IL 61561-7574

$100,000
Estimated value
View details
407 Main St
RETAIL STORES (PERSONAL SERVICES)

407 Main St, Roanoke, IL 61561-7585

$245,000
Estimated value
3,000 sqft 0.16 AC lot
View details
116 4th St
DENTAL BUILDING

116 4th St, Roanoke, IL 61561

$345,000
Estimated value
4,380 sqft
View details
1508 Frnt St
RETAIL STORES (PERSONAL SERVICES)

1508 Frnt St, Roanoke, IL 61561-7422

$305,000
Estimated value
1.52 AC lot
View details
1503 Frnt St
COMMERCIAL (GENERAL)

1503 Frnt St, Roanoke, IL 61561-7431

$270,000
Estimated value
4.55 AC lot
View details
1503 Frnt St
RETAIL STORES (PERSONAL SERVICES)

1503 Frnt St, Roanoke, IL 61561-7431

$380,000
Estimated value
16,570 sqft 5.30 AC lot
View details
2015 County Rd 1150th N
RETAIL STORES (PERSONAL SERVICES)

2015 County Rd 1150th N, Roanoke, IL 61561-7682

$245,000
Estimated value
2.89 AC lot
View details
Roanoke, IL 61561
COMMERCIAL (GENERAL)

Roanoke, IL 61561

$250,000
Estimated value
0.04 AC lot
View details
Roanoke, IL 61561
RETAIL STORES (PERSONAL SERVICES)

Roanoke, IL 61561

$255,000
Estimated value
9,275 sqft 0.24 AC lot
View details
1232 County Rd 2000th E
COMMERCIAL (GENERAL)

1232 County Rd 2000th E, Roanoke, IL 61561

$290,000
Estimated value
20.00 AC lot
View details
406 Frnt St
RETAIL STORES (PERSONAL SERVICES)

406 Frnt St, Roanoke, IL 61561-7809

$255,000
Estimated value
0.71 AC lot
View details
1517 County Rd 2100th E
MINI-WAREHOUSE, STORAGE

1517 County Rd 2100th E, Roanoke, IL 61561-7672

$230,000
Estimated value
6.63 AC lot
View details
323 Main St
RESTAURANT

323 Main St, Roanoke, IL 61561

$260,000
Estimated value
6,000 sqft 0.16 AC lot
View details
504 Frnt St
AUTO REPAIR, GARAGE

504 Frnt St, Roanoke, IL 61561-9637

$255,000
Estimated value
2,298 sqft 0.28 AC lot
View details
1686 State Rte 116
MINI-WAREHOUSE, STORAGE

1686 State Rte 116, Roanoke, IL 61561

$265,000
Estimated value
1.00 AC lot
View details
Roanoke, IL 61561
COMMERCIAL (GENERAL)

Roanoke, IL 61561

$260,000
Estimated value
0.14 AC lot
View details
200 Main St
Land

200 Main St, Roanoke, IL 61561

Value Estimation by Request
2.37 AC lot
View details
307 Township Rd
COMMERCIAL (GENERAL)

307 Township Rd, Roanoke, IL 61561

$255,000
Estimated value
7,500 sqft 1.85 AC lot
View details
1386 State Rte 117
INDUSTRIAL (GENERAL)

1386 State Rte 117, Roanoke, IL 61561-7721

$140,000
Estimated value
40.67 AC lot
View details
1861 State Rte 116
MILL (FEED, GRAIN, LUMBER, TEXTILE)

1861 State Rte 116, Roanoke, IL 61561-7759

$250,000
Estimated value
5.87 AC lot
View details

Roanoke, IL Commercial Real Estate Market Trends and Statistics

Explore 72 commercial real estate for sale in Roanoke, IL, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 37,717 square feet of properties for sale, with an estimated market value of $159,900.

Sale prices for business properties in Roanoke, IL average $159,900 — 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 2,313
Population Growth (5Y) -6.3%
Median Household Income $77,143
College Educated 29.4%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
61561 $119.9K

Taxes & Financing

Tax Rate (average for all types) 7.99%
Property Tax per SF $94.01 per SF
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Woodford County

New Delisted

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