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    Shelbyville, IL
    Mixed-Use

    Shelbyville, IL Mixed-use Properties for Sale

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    Findlay, IL Mode, IL Windsor, IL Cowden, IL Pana, IL Assumption, IL Beecher City, IL Herrick, IL
    Three-Level Mixed-Use Building
    Updated: Aug 3
    Three-Level Mixed-Use Building

    105 E Main St, Shelbyville, IL 62565

    $249,900
    Three finished commercial levels in a mixed‑use building
    Main level includes an outdoor sporting goods business with fishing equipment, live bait, lures, and camping supplies
    Upper level has batting cages, laser tag, play equipment, and two restrooms
    Upper‑floor private entrance supports alternative office, residential, or commercial planning
    Finished lower level offers retail, storage, or office space
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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 5 Potential Opportunities for your consideration. Besides 1 Active listings in Shelbyville, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

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

    Mixed-Use Property with Retail
    Mixed-Use Property with Retail

    228 W MAIN ST, Decatur, IL 62523

    $795,000
    15,080 sqft 0.37 AC lot

    Thirteen units combine upper-level apartments with street-facing commercial spaces and off-street parking.

    View details
    Mixed-Use Property with Work Areas
    Mixed-Use Property with Work Areas

    526 N Railroad Avenue, Blue Mound, IL 62513

    $192,000
    2,512 sqft

    Flexible building combines residential rooms, office space, storage, and updated interior systems on over 2 acres.

    View details
    Mixed-Use Property with Work Areas
    Mixed-Use Property with Work Areas

    526 N RAILROAD Avenue, Blue Mound, IL 62513

    $192,000
    0.25 AC lot

    Flexible property combining living space, offices, storage, and workshop areas under one roof.

    View details
    Historic Mixed-Use Investment Opportunity
    Historic Mixed-Use Investment Opportunity

    160 North Merchant Street, Decatur, IL 62523

    Contact for pricing
    12,480 sqft

    Three-story brick building in Downtown Decatur with diversified income streams.

    View details

    Shelbyville, IL Mixed-Use Properties Market Trends and Statistics

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

    Sale prices for multi use buildings in Shelbyville, IL average $249,900 — 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 7,422
    Population Growth (5Y) +5.7%
    Median Household Income $61,722
    College Educated 26.8%

    High-Yield Neighborhoods for Investment

    Identify Shelbyville submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    62565 $249.9K

    Taxes & Financing

    Tax Rate (average for all types) 8.04%
    Property Tax per SF $86.06 per SF
    Average Loan-to-Value 65.0%

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