Tazewell County, IL Mixed-use properties for sale

Updated: May 3, 2025

Remodeled Mixed-Use Building For Sale

19478 SPRINGFIELD Road, Groveland, IL 61535

$569,000

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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19478 SPRINGFIELD Road, Groveland, IL 61535

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Est. Cap Rate

7.2%
Above avg (5.9%)
Est. NOI

$41K
Annual
Mortgage

$229K
Jun 2019
Last Sold

Jun 2019
$260K
Property Type

Commercial Office (General)
Built 1972

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Updated: Sep 26, 2025

Pekin Corner Lot Mixed-Use

910 DERBY Street, Pekin, IL 61554

$199,000

926 sqft

Zoned B‑3: Offers diverse business opportunities.
Great corner lot visibility.
Income potential: Upper level and back area currently rented for a combined $1100/month.
Parking lot with 10+/- spaces and potential for more.
Upper level recently updated with fresh paint and newer flooring.

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Updated Commercial Building in Pekin

515 ELIZABETH Street, Pekin, IL 61554

$135,000

Downtown Pekin commercial building with recent updates and rental potential.

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Pekin Commercial Building For Sale

215 COURT Street, Pekin, IL 61554

$320,000

Downtown Pekin commercial building with high visibility and flexible layout.

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Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center

Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 4 Active listings in Tazewell County, IL, we suggest exploring several alternatives: similar 2 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

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.

Glen Avenue Commercial Development Opportunity

1105 W Glen Ave, Peoria, IL 61614

$275,000

0.80 AC lot

Prime commercial land for development in Peoria's retail corridor.

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Prime Commercial Land Opportunity

8215 N ALLEN Road, Peoria, IL 61615

$1,300,000

2.92 AC lot

3-acre commercial land in high-traffic Peoria area.

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High-Visibility Corner Lot

201 North Washington Street, Carbondale, IL 62901

$40,000

Commercial corner lot in downtown Carbondale, ideal for development.

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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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Off-Market Properties in Tazewell County, IL

Consider similar Off-Market properties in Tazewell County, IL. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

Mixed-use properties

1109-1111 Sunset Dr, East Peoria, IL null

Value Estimation by Request

4,839 sqft 26.80 AC lot

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Multifamily properties

0 Fairview Ave, East Peoria, IL 61611

Value Estimation by Request

7.40 AC lot

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Tazewell County, IL Mixed-Use Properties Market Trends and Statistics

Explore 6 mixed-use properties for sale in Tazewell County, IL, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 7,126 square feet of properties for sale, with an estimated market value of $768,000.

Sale prices for multi use buildings in Tazewell County, IL start at $199,000, averaging $384,000, 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.