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Well-Maintained Flex Space Building
For Sale
$129,900

116 West South Street, Franklin Grove, IL 61031

2400 sq ft flex space with recent upgrades.

Property Size3,630 SF
Price / SF$35.79
Days on Market152

Property Features for 116 West South Street

General Information

Standard status Active
Size 3,630 SF

Taxes and HOA fees

Annual Taxes $3,001

Building Details

Year Built 1955
Stories 1
Listing Agency: Crawford Realty, LLC
Listed By: Vickie Gutierrez · License #471001403
Source: Compass
Added: Mar 13 Changed: Aug 8 Last Checked: Aug 8 at 5:47AM

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 well-maintained 2400 sq ft building features a reception area, a private office, two large work spaces, and storage areas. It includes two overhead doors and insulated walls. Recent upgrades include new siding, electrical, plumbing, a heat and A/C split system, and a new generator. The property is situated on a 3630 sq ft lot.

Key Highlights

  • 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.

Property Analytics

Current Use

Pfoutz Electric Services Electrical Service

Suggested Use

Top Pick Building Supply Parking Lot & Garage Auto Repair Shop (Bike/Boat/Book/etc) Store Grocery & Convenience Store Cafe & Coffee Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

83
Businesses Nearby
Well-served
Demand for This Use

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

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025
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Frequently Asked Questions

What type of property is this?
Flex space - 2400 sq ft flex space with recent upgrades.
Where is this flex space located?
The property is located at 116 West 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: 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.
More about this property
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