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    Franklin Grove, IL
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    Franklin Grove, IL Industrial Properties for Sale

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    Dixon, IL Oregon, IL Amboy, IL
    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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    Well-Maintained Flex Space Building
    $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.

    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
    View details
    Route 52 Self-Storage Facility
    $530,000
    12,800 SF

    Route 52 Self-Storage Facility

    Self-storage facility near Amboy, IL, with expansion potential.

    672 US Rt. 52 Road, Amboy, IL 61310
    View details
    Route 52 Self-Storage Facility
    $530,000
    12,800 SF

    Route 52 Self-Storage Facility

    Self-storage facility near Amboy, IL, with expansion potential.

    672 US-52, Amboy, IL 61310
    View details
    Dixon Industrial Facility on 9.94 Acres
    $1,950,000
    30,000 SF

    Dixon Industrial Facility on 9.94 Acres

    30,000 SF industrial facility with single tenant lease.

    827 W Progress Dr, Dixon, IL
    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.

    166 Acres Build-to-Suit Opportunity
    Contact for pricing
    166.00 Acres

    166 Acres Build-to-Suit Opportunity

    166 acres available for build-to-suit near transportation.

    1392 Edson Road, Davis Junction, IL 61020
    View details
    DeKalb Land Parcel For Sale
    $889,000

    DeKalb Land Parcel For Sale

    Land parcel available south of Route 38 and Gurler Road.

    17742 & 17750 Somonauk Road S, Dekalb, IL 60115
    View details
    Commercial Land in Peru, IL
    $75,000
    1.00 Acre

    Commercial Land in Peru, IL

    High visibility commercial land available in Peru, Illinois.

    010 Unytite Drive, Peru, IL 61354
    View details
    Sycamore Prairie Business Park Land
    $3,219,955

    Sycamore Prairie Business Park Land

    Land for sale in Sycamore Prairie Business Park.

    Lot 49 West Peace Road, Sycamore, IL 60178
    View details

    Franklin Grove, IL Industrial Properties Investment Opportunities Market Analysis

    Explore 2 industrial properties 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 industrial buildings 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.

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    Top Commercial Asset Segments

    Flex space 2
    Warehouses 1

    Demographics Overview

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

    High-Yield Neighborhoods for Strategic Investment

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

    Neighborhood Average Price
    61031 $140K

    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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