Franklin Grove, IL Flex space for sale

Updated Commercial Building in Franklin Grove

$134,900

2,400 SF

Updated Commercial Building in Franklin Grove

116 W South Street, Franklin Grove, IL 61031

Well-maintained commercial building with recent updates and flexible business uses.

Recently updated with new siding, electrical, plumbing, and heating.
2,400 SF commercial building suitable for various business uses.
Includes two overhead garage doors and a shop/workspace area.
Features a reception area, private office, and private bathroom.
Equipped with mini‑split A/C and a backup generator.

Updated: May 19

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$140,000

3,630 SF

Well-Maintained Flex Space Building

116 West South Street, Franklin Grove, IL 61031

2400 sq ft flex space with recent upgrades.

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.

Updated: Jul 17, 2025

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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.

Turn-Key Flex Facility with Loading Dock

$1,300,000

0.82 Acres

Turn-Key Flex Facility with Loading Dock

Renovated in 2021 with epoxy floors, 3-phase power, and a loading dock for efficient shipping and service operations.

1204 S Galena Avenue, Dixon, IL 61021

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Versatile Commercial Property, High Traffic

$399,000

4,992 SF

Versatile Commercial Property, High Traffic

Adaptable commercial property with office and shop space in Dixon.

1139 Franklin Grove Road, Dixon, IL 61021

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Well-Maintained Industrial Building For Sale

$990,000

15,750 SF

Well-Maintained Industrial Building For Sale

Flexible industrial building suitable for owner-occupant or investor.

4787 Hydraulic Rd, Rockford, IL 61109

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$785,000

19,280 SF

Industrial Flex Building with Drive-Ins

Industrial/flex building with eight drive-in doors and private offices, offering practical loading and workspace flexibility.

4691 HYDRAULIC RD, Rockford, IL 61109

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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.

$449,900

1.10 Acres

Orland Park Commercial Parcel

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

15459 S 70th Court, Orland Park, IL 60462

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$449,900

1.10 Acres

Orland Park Industrial Land Available

1.1 acre industrial land for sale in Orland Park.

15459 S 70th Court, Orland Park, IL 60462

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$301,200

2.51 Acres

Planned Industrial Land For Sale

2.51 acre planned industrial land with highway frontage.

Digital Drive, Dubuque, IA 52003

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$520,800

4.34 Acres

Commercial Land on Highway 52/61/151

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

Digital Drive, Dubuque, IA 52003

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Franklin Grove, IL Flex Space Investment Opportunities Market Analysis

Explore 2 flex space for sale in Franklin Grove, IL on our real estate platform. These investment opportunities span a total of 6,030 square feet of properties for sale, with an estimated market value of $274,900.

Sale prices for business spaces in Franklin Grove, IL start at $134,900, averaging $137,450, and reaching up to $140,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

Neighborhood	Average Price
61031	$137.5K

Neighborhood

Average Price

61031

$137.5K

Franklin Grove, IL Flex Space for Sale

116 W South Street, Franklin Grove, IL 61031

116 West South Street, Franklin Grove, IL 61031