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    Elizabeth, IL
    Flex Space

    Elizabeth, IL Flex Space for Sale

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    Apple River, IL Galena, IL Hanover, IL Scales Mound, IL Savanna, IL Pearl City, IL Warren, IL Bellevue, IA
    Brick-Front Flex Space
    Updated: May 27
    Brick-Front Flex Space

    136 N Main Street, Elizabeth, IL 61028

    $235,000
    4,134 sqft 0.10 AC lot
    Two‑level flex property with a brick‑front exterior
    Main floor includes open retail space, storefront windows, display areas, and a rear office section
    Lower level combines retail display, storage, warehouse, and workspace areas
    Dedicated lower‑level office and two toilet rooms
    Rear alley access supports loading and deliveries
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    Brick-Front Retail and Warehouse Building
    Updated: Jun 1
    Brick-Front Retail and Warehouse Building

    136 N Main St, Elizabeth, IL 61028

    $235,000
    8,000 sqft
    1982 brick‑front, two‑level commercial building on Main Street in downtown Elizabeth
    Over 8,000 total SF across both levels, with more than 4,000 SF on the main level
    Main level open retail configuration with wide storefront windows, abundant display areas, and rear office‑ready section
    Lower level 4,000+ SF with retail display plus storage, warehouse, and workspace areas, including a dedicated office
    Lower level includes two toilet rooms and rear alley access for convenient loading and deliveries
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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 2 Active listings in Elizabeth, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

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

    Two-Suite Flex Space
    Two-Suite Flex Space

    3001 W Lily Creek Rd, Freeport, IL 61032

    $325,000
    1,836 sqft

    Two separately configured commercial suites offer adaptable space for business operations.

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    Flex Space with Retail and Warehouse
    Flex Space with Retail and Warehouse

    1233 N Franklin Street, Galena, IL 61036

    $850,000
    6,000 sqft 1.68 AC lot

    Combined customer-facing and warehouse areas support varied commercial operations with substantial dedicated parking.

    View details
    Multi-Building Mixed-Use Property
    Multi-Building Mixed-Use Property

    1650-1654 S Hance Drive, Freeport, IL 61032

    $899,000
    5.48 AC lot

    Substantial Freeport acreage combines residential structures, barns, and Professional Use District zoning.

    View details
    Flex Building with Overhead Doors
    Flex Building with Overhead Doors

    11110 US Rte 20 W, Galena, IL 61036

    $985,900
    848 sqft 0.79 AC lot

    General Commercial zoning with showroom, storage, retail, and office areas.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Planned Industrial Land
    Planned Industrial Land

    Digital Drive, Dubuque, IA 52003

    $301,200
    2.51 AC lot

    Level-to-rolling parcel with highway frontage and cable availability.

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    Planned Industrial Land
    Planned Industrial Land

    Digital Drive, Dubuque, IA 52003

    $520,800
    4.34 AC lot

    The parcel carries Planned Industrial zoning and fronts Highway 52/61/151.

    View details
    Light Industrial Land
    Light Industrial Land

    10 S Main Street, Dubuque, IA 52001

    $94,259

    Level-to-rolling land with LI Light Industrial zoning and public water and sewer service.

    View details
    Planned Industrial Land
    Planned Industrial Land

    Chavenelle Road, Dubuque, IA 52002

    $780,000
    6.50 AC lot

    L-shaped development site with PI Planned Industrial zoning at a two-road intersection.

    View details

    Elizabeth, IL Flex Space Market Trends and Statistics

    Explore 2 flex space for sale in Elizabeth, IL on our real estate platform. These investment opportunities span a total of 12,134 square feet of properties for sale, with an estimated market value of $470,000.

    Sale prices for business spaces in Elizabeth, IL average $235,000 — 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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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Flex space 2

    Demographics Overview

    Population 1,671
    Population Growth (5Y) -18.5%
    Median Household Income $86,328
    College Educated 41.3%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    61028 $235K

    Taxes & Financing

    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Jo Daviess County

    New Delisted

    Total CRE Inventory on Market (SF)

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