Updated Flex Building With Garage
For Sale
$129,900
116 W South Street, Franklin Grove, IL 61031
Flexible commercial layout with workspace, customer reception, private office, bathroom, and upgraded building systems.
Property Size2,400 SF
Price / SF$54.13
Days on Market106
Property Features for 116 W South Street
General Information
Standard status
Active
Size
2,400 SF
Property subtype
Commercial
Additional Details
Drive-In Doors
2
Taxes and HOA fees
Annual Taxes
$3,001
Amenities
overhead garage doors
shop/workspace area
reception area
private office
private bathroom
mini-split A/C
backup generator
Building Details
Building Size
2,400 SF
Year Built
1955
Buildings
1
Stories
1
Units
1
Listing Agency:
Crawford Realty, LLC
(815) 285-3444
Listed By:
Tyler Stacey · License #475206553
(815) 285-3444
Source:
Midwestrealestate
Added: May 19
Changed: Aug 31
Last Checked: Sep 1 at 7:31PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Crawford Realty, LLC
Investment Insights
Based on property information with market context.
This 2,400-square-foot flex building, constructed in 1955, combines a shop or workspace area with a reception area, private office, and private bathroom. Two overhead garage doors support vehicle access and practical day-to-day operations. Building improvements include new siding, electrical and plumbing work, heating updates, mini-split air conditioning, and a backup generator.
The property is located at 116 W South Street in Franklin Grove, Illinois 61031. Its configuration accommodates a range of commercial functions, including detailing, contractor operations, service businesses, light automotive work, and storage, as supported by the existing improvements and garage access.
The property is located at 116 W South Street in Franklin Grove, Illinois 61031. Its configuration accommodates a range of commercial functions, including detailing, contractor operations, service businesses, light automotive work, and storage, as supported by the existing improvements and garage access.
Key Highlights
- 2,400 SF commercial building constructed in 1955
- Two overhead garage doors provide shop and vehicle access
- Shop/workspace area with reception area, private office, and private bathroom
Property Analytics
Property Profile
Current Use
Lease Details
2
Drive-in doors
Location Intelligence
Trade Area within ½ mile
83
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 61031, IL
1,430
Population
654
Households
2.2
Avg Household Size
46
Median Age
26%
College-Educated
94%
High-School Grad
44.9 sq mi
ZIP Area
32
Density / Sq Mi
$74,050
Median Household Income
$39,907
Median Earnings
$822
Median Rent
$148,600
Median Home Value
Market
Vacancy Rate% for Industrial in Midwest region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Flex space - Flexible commercial layout with workspace, customer reception, private office, bathroom, and upgraded building systems.
Where is this flex space located?
The property is located at 116 W South Street Franklin Grove, IL.
What is the asking price?
The asking price for this property is $129,900.
What are key features of this property?
This property features: 2,400 SF commercial building constructed in 1955; Two overhead garage doors provide shop and vehicle access; Shop/workspace area with reception area, private office, and private bathroom
