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    Franklin Grove, IL
    Flex Space

    Franklin Grove, IL Flex Space for Sale

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    Dixon, IL Amboy, IL Oregon, IL Rochelle, IL Steward, IL Kings, IL Compton, IL Sublette, IL
    Flex Space Building with Overhead Doors
    Updated: May 19
    Flex Space Building with Overhead Doors

    116 W South Street, Franklin Grove, IL 61031

    $129,900
    0.13 AC lot
    2,400 SF flex space building built in 1955
    Two overhead garage doors for shop and workspace access
    0.125‑acre site in Franklin Grove, IL
    Reception, private office, and private bathroom
    Recent updates: new siding, electrical, plumbing, and heating
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    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 10 Potential Opportunities for your consideration. Besides 2 Active listings in Franklin Grove, 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.

    Heated Storage-Manufacturing Facility
    Heated Storage-Manufacturing Facility

    1801 Griswold Avenue, Sterling, IL 61081

    $795,000
    233,046 sqft 5.35 AC lot

    Flex-style facility features heated storage-manufacturing with 10' concrete floors and a 12' door.

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    Flex Space with Loading Dock and Cold Storage
    Flex Space with Loading Dock and Cold Storage

    1204 S Galena Avenue, Dixon, IL 61021

    $1,300,000
    0.82 AC lot

    Flex space on a highly visible corner with dual-street frontage, loading dock, indoor wash bay, and central air.

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    Flex Space with Fenced Site
    Flex Space with Fenced Site

    1801 Griswold Avenue, Sterling, IL 61081

    $795,000
    5.35 AC lot

    Concrete flex facility combining office, workroom, and heated storage-manufacturing areas on a secured commercial site.

    View details
    Flex Space with Overhead Doors
    Flex Space with Overhead Doors

    1139 Franklin Grove Road, Dixon, IL 61021

    $399,000
    0.79 AC lot

    Versatile flex space with a front office buildout, high-clearance shop, central air, and large blacktop parking for convenient access.

    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.

    Orland Park Commercial Parcel
    Orland Park Commercial Parcel

    15459 S 70th Court, Orland Park, IL 60462

    $449,900
    1.10 AC lot

    1.01-acre commercial parcel in Orland Park's Business District.

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    Orland Park Industrial Land Available
    Orland Park Industrial Land Available

    15459 S 70th Court, Orland Park, IL 60462

    $449,900
    1.10 AC lot

    1.1 acre industrial land for sale in Orland Park.

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    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.

    View details
    Commercial Land on Highway 52/61/151
    Commercial Land on Highway 52/61/151

    Digital Drive, Dubuque, IA 52003

    $520,800
    4.34 AC lot

    4.34 acre commercial land with frontage on Highway 52/61/151.

    View details

    Franklin Grove, IL Flex Space Market Trends and Statistics

    Explore 2 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 $259,800.

    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 2

    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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