Sheffield, IL Commercial Real Estate for Sale

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Hotel with Restaurant and Bar
Updated: Jul 13
Hotel with Restaurant and Bar

16733 Il Highway 40, Sheffield, IL 61361

$299,000
2.55 AC lot
Former Knights Inn hospitality property built in 1979
Approximately 24,000 SF with 50 guest rooms
Includes manager’s and owner’s apartments
On‑site amenities include fitness room, restaurant, and bar
Conveniently located off I‑80 at Exit 45 in Sheffield, IL
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Premier Hunting Farm with Income
Updated: May 26
Premier Hunting Farm with Income

2931 1300 N Avenue, Sheffield, IL 61361

$2,400,900
302.00 AC lot
Proven history of GIANT WHITETAIL BUCKS and turnkey setup for serious hunting.
302 acres of premier hunting land.
8 tillable acres providing annual income potential.
Access to 6 stocked ponds for year‑round recreation.
Located in an area known for quality whitetail management with large acreage landowner neighbors.
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Based on your search, we've compiled 76 Potential Opportunities for your consideration. Besides 2 Active listings in Sheffield, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 70 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.

Industrial Truck Terminal and Repair
Industrial Truck Terminal and Repair

440 E. Backbone Rd, Princeton, IL 61356

$645,000
10,728 sqft 3.77 AC lot

Purpose-built warehouse with on-site repair shop, dock and drive-in access, and fenced trailer parking for logistics operators.

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Industrial Flex Building with Showroom
Industrial Flex Building with Showroom

825 N Pleasant Street, Princeton, IL 61356

$299,999
0.49 AC lot

Industrial flex building with showroom, offices, shop and storage, plus a loading dock and 3-phase 600-amp electrical service.

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New Retail Building in Wyoming
New Retail Building in Wyoming

503 S 7th St Wyoming IL, Wyoming, IL 61491

$1,100,000
10,500 sqft

Turnkey retail opportunity in Wyoming, Illinois, built in 2023.

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New Retail Building in Wyoming
New Retail Building in Wyoming

101 E Franklin St, Wyoming, IL

Contact for pricing
10,500 sqft 0.71 AC lot

Turnkey retail opportunity in Wyoming, Illinois, built in 2023.

View details

Off-Market Properties in Sheffield, IL

Consider similar Off-Market properties in Sheffield, 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.

125 Main St
COMMERCIAL (GENERAL)

125 Main St, Sheffield, IL 61361-9752

Value Estimation by Request
0.07 AC lot
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129 Main St
COMMERCIAL (GENERAL)

129 Main St, Sheffield, IL 61361-9752

Value Estimation by Request
0.07 AC lot
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108 Main St
COMMERCIAL (GENERAL)

108 Main St, Sheffield, IL 61361-9357

Value Estimation by Request
View details
127 Main St
COMMERCIAL (GENERAL)

127 Main St, Sheffield, IL 61361-9752

Value Estimation by Request
0.07 AC lot
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Railroad St
COMMERCIAL (GENERAL)

Railroad St, Sheffield, IL 61361

Value Estimation by Request
0.80 AC lot
View details
107 Main St
COMMERCIAL (GENERAL)

107 Main St, Sheffield, IL 61361-9752

Value Estimation by Request
0.05 AC lot
View details
103 Main St
COMMERCIAL (GENERAL)

103 Main St, Sheffield, IL 61361-9752

Value Estimation by Request
View details
302 Chestnut St
COMMERCIAL (GENERAL)

302 Chestnut St, Sheffield, IL 61361-9738

Value Estimation by Request
0.28 AC lot
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Sheffield, IL 61361
COMMERCIAL (GENERAL)

Sheffield, IL 61361

Value Estimation by Request
0.14 AC lot
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Sheffield, IL 61361
COMMERCIAL (GENERAL)

Sheffield, IL 61361

Value Estimation by Request
3.79 AC lot
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15995 800th E St
COMMERCIAL (GENERAL)

15995 800th E St, Sheffield, IL 61361

Value Estimation by Request
6.94 AC lot
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410 Railroad St
COMMERCIAL (GENERAL)

410 Railroad St, Sheffield, IL 61361-9121

Value Estimation by Request
0.60 AC lot
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419 Railroad St
COMMERCIAL (GENERAL)

419 Railroad St, Sheffield, IL 61361-9663

Value Estimation by Request
0.82 AC lot
View details
7700 Rte 6th 6
COMMERCIAL (GENERAL)

7700 Rte 6th 6, Sheffield, IL 61361

Value Estimation by Request
1.70 AC lot
View details
16733 Il Hwy 40
COMMERCIAL (GENERAL)

16733 Il Hwy 40, Sheffield, IL 61361-9227

Value Estimation by Request
2.55 AC lot
View details
124 Main St
COMMERCIAL (GENERAL)

124 Main St, Sheffield, IL 61361-9357

Value Estimation by Request
0.15 AC lot
View details
16713 Il Hwy 40
COMMERCIAL (GENERAL)

16713 Il Hwy 40, Sheffield, IL 61361-9227

Value Estimation by Request
0.75 AC lot
View details
Sheffield, IL 61361
VACANT COMMERCIAL LAND

Sheffield, IL 61361

Value Estimation by Request
0.33 AC lot
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435 Railroad St
COMMERCIAL (GENERAL)

435 Railroad St, Sheffield, IL 61361-9663

$1,265,000
Estimated value
1.56 AC lot
View details
127 Railroad St
COMMERCIAL (GENERAL)

127 Railroad St, Sheffield, IL 61361-9619

Value Estimation by Request
View details
8972 2175th N Ave
COMMERCIAL (GENERAL)

8972 2175th N Ave, Sheffield, IL 61361-9443

$1,330,000
Estimated value
9.40 AC lot
View details
445 Railroad St
COMMERCIAL (GENERAL)

445 Railroad St, Sheffield, IL 61361-9194

Value Estimation by Request
0.64 AC lot
View details

Sheffield, IL Commercial Real Estate Market Trends and Statistics

Explore 72 commercial real estate for sale in Sheffield, IL on our real estate platform. These investment opportunities span a total of 0 square feet of properties for sale, with an estimated market value of $2,699,900.

Sale prices for business properties in Sheffield, IL start at $299,000, averaging $1,349,950, and reaching up to $2,400,900 — 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 1,363
Population Growth (5Y) +22.0%
Median Household Income $92,344
College Educated 34.8%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
61361 $2.4M

Taxes & Financing

Tax Rate (average for all types) 8.20%
Tax Rate vs County Average 0.37 pp below county avg
Average Loan-to-Value 65.0%

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