Search
Corner Lot in Franklin Grove
For Sale
$1,300,000

409 N State Street, Franklin Grove, IL 61031

Corner lot at Route 38 and State Street.

Property Size15,500 SF
Days on Market180

Property Features for 409 N State Street

General Information

Standard status Active
Size 15,500 SF
Property subtype Business Opportunity

Amenities

Central Air

Building Details

Building Size 15,500 SF
Stories 3
Listing Agency: Compass Real Estate
Listed By: Linda Feinstein · License #471004664
Source: Evrealestate
Added: Mar 10 Changed: Aug 8 Last Checked: Sep 5 at 4:32AM

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 Compass Real Estate

Investment Insights

Based on property information with market context.

Located at the northwest corner of Route 38 (also known as Lincoln Highway) and State Street in Franklin Grove, Illinois, this property is situated in Lee County.

Key Highlights

  • NW corner of Rte 38/Lincoln Highway and State Street provides excellent visibility and access.
  • Lee County location offers potential benefits.
  • Central Air ensures a comfortable environment.

Property Analytics

Current Use

Lincoln Way Stay ... Hotel & Motel

Suggested Use

Top Pick Parking Lot & Garage Building Supply 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

80
Businesses Nearby

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
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Specialty property - Corner lot at Route 38 and State Street.
Where is this specialty property located?
The property is located at 409 N State Street Franklin Grove, IL.
What is the asking price?
The asking price for this property is $1,300,000.
What are key features of this property?
This property features: NW corner of Rte 38/Lincoln Highway and State Street provides excellent visibility and access.; Lee County location offers potential benefits.; Central Air ensures a comfortable environment.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message