Building Details

Buildings 1

Listing Agency: Coldwell Banker Commercial Devonshire Realty b***@cbcdr.com Show Phone

Listed By: Eric Heard · License #IL

Source: Crexi

Added: Apr 10 Changed: Aug 31 Last Checked: Aug 30 at 7:39PM

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Investment Insights

Based on property information with market context.

This retail property occupies 0.97 acres and includes a building with a commercial kitchen, walk-in cooler, and dish-wash station. The site previously operated as a BP gas station, while the tanks, piping, fuel pumps, and canopies have been removed.

Located at 4290 Springfield Rd. in Groveland, Illinois, the property is positioned at the corner of State Route 98 and Springfield Rd. The intersection is lighted, providing a defined corner setting for the retail building. Existing food-service infrastructure adds practical functionality for a restaurant or other commercial use requiring kitchen facilities.

Key Highlights

• 0.97‑acre retail property
• Corner position at State Route 98 and Springfield Rd.
• Lighted intersection location in Groveland, Illinois

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Building Supply Auto Repair Shop HVAC Service Real Estate Agency Garden Center Hair Salon

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

Lease Details

Yes

Paved road access

Location Intelligence

Trade Area within ½ mile

35

Businesses Nearby

13k

Monthly Visits Nearby

Explore this area Business Placement

Foot Traffic Nearby

Shops & Services 100%

Groveland Shops & Services

12,909 visits/mo 0.2 miles

Demographics for 61611, IL

23,837

Population

11,207

Households

2.1

Avg Household Size

44

Median Age

26%

College-Educated

93%

High-School Grad

41.0 sq mi

ZIP Area

581

Density / Sq Mi

$76,329

Median Household Income

$44,586

Median Earnings

$942

Median Rent

$162,500

Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020

7.3% 2021

6.5% 2022

6% 2023

5.7% 2024

6.3% 2025

Questions? Ask Rey

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What type of property is this? Where is this retail space located? What is the asking price? Find similar properties ... What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Retail space - Corner parcel at a lighted intersection with food-service improvements.

Where is this retail space located?

The property is located at 4290 Springfield Rd. Groveland, IL.

What are key features of this property?

This property features: 0.97‑acre retail property; Corner position at State Route 98 and Springfield Rd.; Lighted intersection location in Groveland, Illinois