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    Groveland, IL Retail Properties & Spaces for Sale

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    Remodeled Mixed-Use Building in Groveland
    $569,000
    0.44 Acres

    Remodeled Mixed-Use Building in Groveland

    19478 SPRINGFIELD Road, Groveland, IL 61535

    Fully occupied mixed-use building with long-term tenants and leases.

    • Strong 9.07% Cap Rate
    • In‑Place Net Operating Income (NOI) of $51,216
    • Fully Occupied with Long‑Term Tenants and Leases
    • Newly Remodeled Mixed‑Use Building
    • Turn‑Key Property with Minimal Landlord Responsibilities
    Updated: May 2, 2025
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    Remodeled Mixed-Use Building in Groveland
    $569,000

    Remodeled Mixed-Use Building in Groveland

    19478 SPRINGFIELD Road, Groveland, IL 61535

    Fully occupied mixed-use property with long-term tenants and leases.

    • High yearly gross rental income of $67,560.
    • Recent upgrades including paint, flooring, carpet, lighting, furnaces, AC units and water heater.
    • 5 unit multifamily & commercial space building.
    • Long term tenants.
    • Low overhead property.
    Updated: May 13, 2025
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    Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 Active listings in Groveland, IL, we suggest exploring several alternatives: similar 4 Off-Market properties to explore as potential leads

    Explore Off-Market Properties in Groveland, IL

    Consider similar Off-Market properties in Groveland, 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.

    4990 Edgewater Dr

    4990 Edgewater Dr

    PARKING GARAGE, PARKING STRUCTURE • 4,280 SF
    Value Estimation by Request
    4990 Edgewater Dr, Groveland, IL 61535-9752
    View details
    4980 Edgewater Dr

    4980 Edgewater Dr

    BAR, TAVERN • 2,304 SF
    Value Estimation by Request
    4980 Edgewater Dr, Groveland, IL 61535-9752
    View details
    19416 Springfield Rd, Unit PARCEL

    19416 Springfield Rd, Unit PARCEL

    CONVENIENCE STORE • 2,844 SF
    Value Estimation by Request
    19416 Springfield Rd, Groveland, IL 61535-9518
    View details
    18706 Springfield Rd

    18706 Springfield Rd

    RESTAURANT • 2,610 SF
    Value Estimation by Request
    18706 Springfield Rd, Groveland, IL 61535-9506
    View details

    Groveland, IL Retail Properties & Spaces Investment Opportunities Market Analysis

    Explore 6 retail properties & spaces for sale in Groveland, IL on our real estate platform. These investment opportunities span a total of 126,786 square feet of properties for sale, with an estimated market value of $1,594,000.

    Sale prices for stores in Groveland, IL start at $180,000, averaging $318,800, and reaching up to $569,000 — 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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