116 West South Street, Franklin Grove, IL 61031

Building Details

Year Built 1955 More

Stories 1 More

Listing Agency: Crawford Realty, LLC

Listed By: Vickie Gutierrez · License IL #471001403 Show Phone

Source: Compass

Added: Mar 13 Changed: Aug 8 Last Checked: Aug 25 at 9:20AM

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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

Who owns this building? See the owner, sales and loan history

Open 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

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

4.4% 2019

4.9% 2020

3.6% 2021

3.1% 2022

4.6% 2023

5% 2024

4.9% 2025

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.