Groveland, IL Mixed-use properties for sale

Updated: May 3, 2025

Remodeled Mixed-Use Building For Sale

19478 SPRINGFIELD Road, Groveland, IL 61535

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6,200 sqft

High 9.07% Cap Rate
Stable $51,216 Net Operating Income (NOI)
Fully Occupied with Long‑Term Tenants and Leases
Newly Remodeled Mixed‑Use Building** (2 Apartments, 3 Commercial Units)
Turnkey Property** with Minimal Landlord Responsibilities

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Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 1 Active listings in Groveland, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 1 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.

Updated Mixed-Use Building

515 Elizabeth Street, Pekin, IL 61554

$135,000

2,852 sqft

Two-level commercial property with renovated building systems and a residential-style upper-level layout.

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Live-Work Space with Loft Apartment

113 E Washington St # 115 East, Peoria, IL 61611

$299,000

Commercial space below is paired with an upper-level loft apartment for integrated business and residential use.

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Historic Mixed-Use Property

701 Main Street, Peoria, IL 61602

$3,100,000

Renovated landmark combines apartments with ground-floor retail space.

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Mixed-Use Building with Apartments

101 N PARKWAY Drive, Pekin, IL 61554

$494,900

B3-zoned property combines medical office improvements with upper-level residential units.

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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.

Commercial Land with Road Frontage

8215 N ALLEN Road, Peoria, IL 61615

$1,300,000

2.92 AC lot

C2-zoned commercial land with water available and an existing billboard.

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Groveland, IL Mixed-use Properties for Sale

19478 SPRINGFIELD Road, Groveland, IL 61535