Groveland, IL Mixed-use properties for sale

Remodeled Mixed-Use Building in Groveland

$569,000

0.44 Acres

Remodeled Mixed-Use Building in Groveland

19478 SPRINGFIELD Road, Groveland, IL 61535

Fully occupied mixed-use building with long-term tenants and leases.

Strong 9.07% Cap Rate
In‑Place Net Operating Income (NOI) of $51,216
Fully Occupied with Long‑Term Tenants and Leases
Newly Remodeled Mixed‑Use Building
Turn‑Key Property with Minimal Landlord Responsibilities

Updated: May 2, 2025

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$569,000

Remodeled Mixed-Use Building in Groveland

19478 SPRINGFIELD Road, Groveland, IL 61535

Fully occupied mixed-use property with long-term tenants and leases.

High yearly gross rental income of $67,560.
Recent upgrades including paint, flooring, carpet, lighting, furnaces, AC units and water heater.
5 unit multifamily & commercial space building.
Long term tenants.
Low overhead property.

Updated: May 13, 2025

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$569,000

6,200 SF

Remodeled Mixed-Use Building For Sale

Fully occupied mixed-use building with long-term tenants and leases.

19478 SPRINGFIELD Road, Groveland, IL 61535

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Explore Opportunities in Nearby Cities

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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.

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Morton Land Development Opportunity

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Morton Development Land For Sale

4.75 acres of developable land in Morton, Illinois.

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Commercial Land on Main Thoroughfare

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Development Opportunity on Main Street

Prime commercial land for development with high traffic frontage.

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Groveland, IL Mixed-Use Properties Investment Opportunities Market Analysis

Explore 3 mixed-use properties for sale in Groveland, IL, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 19,166 square feet of properties for sale, with an estimated market value of $569,000.

Sale prices for multi use buildings in Groveland, IL start at $569,000, averaging $569,000, and reaching up to $569,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

Groveland, IL Mixed-use Properties for Sale

Remodeled Mixed-Use Building in Groveland

Fully occupied mixed-use building with long-term tenants and leases.