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Shelbyville, IL Commercial Real Estate for Sale

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Established Welding Business on Highway 16
$329,000
1.80 Acres

Established Welding Business on Highway 16

1970 State Highway 16, Shelbyville, IL 62565

Turnkey welding business with equipment, inventory, and strong local reputation.

  • Turnkey welding business with equipment and inventory included (valued at over $225,000) for seamless operations.
  • Prime location on State Highway 16, directly across from Lake Shelbyville Dam, offering excellent visibility and high traffic.
  • Established business with a strong local reputation and dependable customer base built over decades.
  • Diversified revenue streams beyond traditional welding, including cylinder services, machining, wholesale materials, and mobile welding.
  • Substantial 5,900 sq ft shop with concrete floor, insulation, and natural gas heat, suitable for large projects and equipment storage.
Updated: Oct 24, 2025
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Shelbyville Retail Investment Opportunity
$350,000
4,600 SF

Shelbyville Retail Investment Opportunity

105 Main St, Shelbyville, IL 62565

Turnkey Retail Building, High Occupancy

  • $350,000 asking price for a fee simple ownership.
  • 4,600 square foot retail storefront in Shelbyville, IL.
  • 100% occupied multi‑tenant property with two units.
  • $76.09 price per square foot.
  • Built in 1885.
Updated: Dec 11, 2024
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Based on your search, we've compiled 399 Potential Opportunities for your consideration. Besides 2 Active listings in Shelbyville, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 393 Off-Market properties to explore as potential leads

Explore Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Seven-Unit Multifamily Property in Pana, IL
$179,000
2,116 SF

Seven-Unit Multifamily Property in Pana, IL

Seven one-bedroom units, new roof, renovated apartment, investment opportunity.

300 E 2Nd St, Pana, IL 62557
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Prime Pana Commercial Land
$1,200,000
11.00 Acres

Prime Pana Commercial Land

11-Acre C-2 Zoned Development Site, High Traffic

0 Us 51 & Rte 16, Pana, IL 62557
View details
Multi-Use Site on State Route
$199,900

Multi-Use Site on State Route

Two-lot site suitable for various uses, including parking/storage.

1601 State Highway 128, Bethany, IL 61914
View details
Highway 121 Retail/Restaurant Opportunity
Contact for pricing

Highway 121 Retail/Restaurant Opportunity

High-traffic location with existing equipment and flexible lease options.

381 State Highway 121, Bethany, IL 61914
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Explore Off-Market Properties in Shelbyville, IL

Consider similar Off-Market properties in Shelbyville, 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.

Shelbyville, IL 62565

Shelbyville, IL 62565

INDUSTRIAL (GENERAL) • 3.79 Acres
Value Estimation by Request
Shelbyville, IL 62565
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Shelbyville, IL 62565

Shelbyville, IL 62565

INDUSTRIAL (GENERAL) • 2.71 Acres
Value Estimation by Request
Shelbyville, IL 62565
View details
Shelbyville, IL 62565

Shelbyville, IL 62565

INDUSTRIAL (GENERAL) • 5.68 Acres
Value Estimation by Request
Shelbyville, IL 62565
View details
1598 State Hwy 16

1598 State Hwy 16

INDUSTRIAL (GENERAL) • 14.13 Acres
Value Estimation by Request
1598 State Hwy 16, Shelbyville, IL 62565-4470
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1949 1700th N Rd

1949 1700th N Rd

INDUSTRIAL (GENERAL) • 23,572 SF
Value Estimation
$530,000
1949 1700th N Rd, Shelbyville, IL 62565-4510
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208 Dacey Dr

208 Dacey Dr

INDUSTRIAL (GENERAL) • 0.74 Acres
Value Estimation by Request
208 Dacey Dr, Shelbyville, IL 62565
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Shelbyville, IL 62565

Shelbyville, IL 62565

INDUSTRIAL (GENERAL) • 0.39 Acres
Value Estimation by Request
Shelbyville, IL 62565
View details
Shelbyville, IL 62565

Shelbyville, IL 62565

INDUSTRIAL (GENERAL) • 19,200 SF
Value Estimation by Request
Shelbyville, IL 62565
View details
1273 1600th E Rd

1273 1600th E Rd

INDUSTRIAL (GENERAL) • 7.15 Acres
Value Estimation by Request
1273 1600th E Rd, Shelbyville, IL 62565-4434
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Shelbyville, IL 62565

Shelbyville, IL 62565

INDUSTRIAL (GENERAL) • 0.50 Acres
Value Estimation by Request
Shelbyville, IL 62565
View details
1346 2300th E Rd

1346 2300th E Rd

INDUSTRIAL (GENERAL) • 8.06 Acres
Value Estimation by Request
1346 2300th E Rd, Shelbyville, IL 62565-4598
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Shelbyville, IL 62565

Shelbyville, IL 62565

INDUSTRIAL (GENERAL)
Value Estimation by Request
Shelbyville, IL 62565
View details
Shelbyville, IL 62565

Shelbyville, IL 62565

INDUSTRIAL (GENERAL)
Value Estimation by Request
Shelbyville, IL 62565
View details
Shelbyville, IL 62565

Shelbyville, IL 62565

INDUSTRIAL (GENERAL) • 4,480 SF
Value Estimation by Request
Shelbyville, IL 62565
View details
Shelbyville, IL 62565

Shelbyville, IL 62565

INDUSTRIAL (GENERAL) • 0.58 Acres
Value Estimation by Request
Shelbyville, IL 62565
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604 Ldg St

604 Ldg St

INDUSTRIAL (GENERAL) • 7.00 Acres
Value Estimation by Request
604 Ldg St, Shelbyville, IL 62565-1929
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218 Washington St

218 Washington St

INDUSTRIAL (GENERAL) • 1,024 SF
Value Estimation by Request
218 Washington St, Shelbyville, IL 62565-2328
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Shelbyville, IL 62565

Shelbyville, IL 62565

INDUSTRIAL (GENERAL) • 8.42 Acres
Value Estimation by Request
Shelbyville, IL 62565
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Shelbyville, IL 62565

Shelbyville, IL 62565

INDUSTRIAL (GENERAL)
Value Estimation by Request
Shelbyville, IL 62565
View details
1810 Ws 3rd St

1810 Ws 3rd St

INDUSTRIAL (GENERAL) • 7.15 Acres
Value Estimation by Request
1810 Ws 3rd St, Shelbyville, IL 62565-9595
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1671 State Hwy 16

1671 State Hwy 16

INDUSTRIAL (GENERAL) • 3.93 Acres
Value Estimation by Request
1671 State Hwy 16, Shelbyville, IL 62565-4377
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Shelbyville, IL 62565

Shelbyville, IL 62565

INDUSTRIAL (GENERAL) • 0.66 Acres
Value Estimation by Request
Shelbyville, IL 62565
View details

Shelbyville, IL Commercial Real Estate Investment Opportunities Market Analysis

Explore 313 commercial real estate investment opportunities in Shelbyville, IL on our commercial real estate marketplace. The current inventory includes 15,466,019 square feet of properties with an estimated value of $41,814,000.

Estimated prices for commercial real estate in Shelbyville, IL begin at $225,000, with an average of $269,767 and extend to $680,000.

In Shelbyville, IL, current investment values show:

  • Other commercial real estate positioned at $269,722
  • Industrial properties measuring $270,363
  • Other industrial properties assessed at $264,500
  • Auto shops calculated at $329,000
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