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    Franklin Grove, IL
    Flex Space

    Franklin Grove, IL Flex Space for Sale

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    Ashton, IL Dixon, IL Amboy, IL Oregon, IL Rochelle, IL Steward, IL Kings, IL Compton, IL
    Well-Maintained Flex Space Building
    Updated: Mar 13
    Well-Maintained Flex Space Building

    116 West South Street, Franklin Grove, IL 61031

    $129,900
    3,630 sqft
    Move‑in ready: In business on Day One!
    Recent upgrades include new siding, electrical, plumbing, heat and a/c split system, and generator.
    Functional layout with a reception area, private office, 2 huge work spaces, and storage areas.
    2400 sq ft building.
    Practical features: 2 overhead doors and insulated walls.
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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 5 Potential Opportunities for your consideration. Besides 1 Active listings in Franklin Grove, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

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

    Renovated Flex Space with Loading Dock
    Renovated Flex Space with Loading Dock

    1204 S Galena Ave, Dixon, IL 61021

    $1,300,000
    14,000 sqft

    The property combines updated building systems with a loading dock, wash bay, and cold storage.

    View details
    Renovated Flex Space with Loading Dock
    Renovated Flex Space with Loading Dock

    1204 S Galena Avenue, Dixon, IL 61021

    $1,300,000
    0.82 AC lot

    Renovated commercial space with loading, wash bay, and updated electrical infrastructure.

    View details
    Flex Industrial Building with Dock
    Flex Industrial Building with Dock

    5065 27th Ave, Rockford, IL 61109

    Contact for pricing
    12,888 sqft

    Light industrial property combines warehouse functionality with a dedicated office component and an existing tenant through August 2027.

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    Well-Maintained Industrial Building For Sale
    Well-Maintained Industrial Building For Sale

    4787 Hydraulic Rd, Rockford, IL 61109

    Contact for pricing
    15,750 sqft

    Flexible industrial building suitable for owner-occupant or investor.

    View details

    Franklin Grove, IL Flex Space Market Trends and Statistics

    Explore 1 flex space for sale in Franklin Grove, IL on our real estate platform. These investment opportunities span a total of 3,630 square feet of properties for sale, with an estimated market value of $129,900.

    Sale prices for business spaces in Franklin Grove, IL average $129,900 — 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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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Flex space 1

    Demographics Overview

    Population 1,615
    Population Growth (5Y) +4.8%
    Median Household Income $74,050
    College Educated 31.0%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    61031 $129.9K

    Taxes & Financing

    Tax Rate (average for all types) 8.32%
    Tax Rate vs County Average 0.11 pp above county avg
    Average Loan-to-Value 65.0%

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