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    Franklin Grove, IL
    Mixed-Use

    Franklin Grove, IL Mixed-use Properties for Sale

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    Dixon, IL Amboy, IL Oregon, IL Rochelle, IL Steward, IL Kings, IL Compton, IL Sublette, IL
    Renovated Estate with Limitless Potential
    Updated: Mar 10
    Renovated Estate with Limitless Potential

    409 N State Street, Franklin Grove, IL 61031

    $1,300,000
    1.66 AC lot
    Multi‑building estate: 1913 renovated main house plus two additional custom‑built homes.
    Main house: 10,000+ sq ft, 6 bedrooms, meticulously renovated with historic character and modern amenities.
    Carriage house: 2,300 sq ft, full kitchen, king suite with spa bath, private deck, and 5‑car heated garage.
    Cottage: 3,200 sq ft, vaulted ceilings, open‑design kitchen, full‑length decks, and garden‑style lower level.
    Unique features: Stone cellar with sauna, garden pagoda, water garden with koi pond, yoga lawn, and fruit trees.
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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Franklin Grove, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Mixed-Use Storefront Building
    Mixed-Use Storefront Building

    157 E Lincoln Highway, Dekalb, IL 60115

    $218,000
    0.06 AC lot

    Downtown commercial building with an available storefront and two upstairs apartments requiring renovation.

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    Mixed-Use Restaurant Property
    Mixed-Use Restaurant Property

    201 W 2nd Street, Rock Falls, IL 61071

    $249,000
    0.06 AC lot

    Corner-site building with restaurant furnishings, equipment, and additional commercial space.

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    Mixed-Use Restaurant and Apartments
    Mixed-Use Restaurant and Apartments

    110 W 2nd Street, Rock Falls, IL 61071

    $265,000
    0.06 AC lot

    Brick commercial building with restaurant space and two residential units above.

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    Mixed-Use Property with Storefront
    Mixed-Use Property with Storefront

    157 E Lincoln Highway, Dekalb, IL 60115

    $218,000

    Ground-floor commercial space includes two upstairs apartments requiring renovation.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Prime Development Land on Rt. 47
    Prime Development Land on Rt. 47

    47 - Hughes Road, Elburn, IL 60119

    $1,250,000
    18.05 AC lot

    18.05 acre development parcel in prime location on Rt. 47.

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    Commercial and Residential Land Opportunity
    Commercial and Residential Land Opportunity

    14178,14190,14192 Dearborn Avenue, South Beloit, IL 61080

    Contact for pricing

    Three parcels, commercial and residential zoning, suitable for business.

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    Corner Commercial Development Land
    Corner Commercial Development Land

    2113 IL Route 47, Yorkville, IL 60560

    $1,695,000
    4.25 AC lot

    4.25-acre B-3 zoned corner parcel with major Route 47 frontage for flexible commercial site development.

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    Elgin Land Development Opportunity
    Elgin Land Development Opportunity

    40 Acres Randall Road, Elgin, IL 60123

    $10,000,000
    40.40 AC lot

    40.4 acres on Randall Road, ideal for mixed-use development.

    View details

    Franklin Grove, IL Mixed-Use Properties Market Trends and Statistics

    Explore 1 mixed-use properties for sale in Franklin Grove, IL on our real estate platform.

    Sale prices for multi use buildings in Franklin Grove, IL average $1,300,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Demographics Overview

    Population 1,615
    Population Growth (5Y) +4.8%
    Median Household Income $74,050
    College Educated 31.0%

    Taxes & Financing

    Tax Rate (average for all types) 8.32%
    Tax Rate vs County Average 0.11 pp above county avg
    Average Loan-to-Value 65.0%

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