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Groveland, IL Multifamily Properties for Sale

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Remodeled Mixed-Use Building For Sale
$569,000
6,200 SF

Remodeled Mixed-Use Building For Sale

19478 SPRINGFIELD Road, Groveland, IL 61535

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

  • 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
Updated: May 3, 2025
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Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Groveland, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

Explore Opportunities in Nearby Cities

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

Pekin Multifamily Property Near Lake
$674,900
0.64 Acres

Pekin Multifamily Property Near Lake

Well-maintained 8-unit apartment building near Lake Arlann.

740 E SHORE Drive unit: 8, Pekin, IL 61554
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Mixed-Use Building Near Morton
$314,900
0.70 Acres

Mixed-Use Building Near Morton

Multi-use building with commercial spaces and apartments near Morton.

3409 MEADOW Avenue, East Peoria, IL 61611
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East Peoria Multi-Use Property
$399,900
10,894 SF

East Peoria Multi-Use Property

Multi-unit property with retail, gym, apartment, and storage.

1101 E Washington St, East Peoria, IL
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Pekin Commercial Building with Apartments
$494,900

Pekin Commercial Building with Apartments

Versatile commercial building with apartments in Pekin, Illinois.

101 N PARKWAY Drive, Pekin, IL 61554
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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.

Morton Land Development Opportunity
$6,000,000

Morton Land Development Opportunity

Prime land for build-to-suit development in Morton, Illinois.

W Lakeland Rd, Morton, IL 61550
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Morton Development Land For Sale
$380,000

Morton Development Land For Sale

4.75 acres of developable land in Morton, Illinois.

Lakeland Rd, Morton, IL 61550
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Commercial Land on Main Thoroughfare
$99,900

Commercial Land on Main Thoroughfare

Land with great visibility on a 4-lane main thoroughfare.

211 S Main St, Creve Coeur, IL 61610
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Development Opportunity on Main Street
$225,000

Development Opportunity on Main Street

Prime commercial land for development with high traffic frontage.

121 N Main St, Creve Coeur, IL 61610
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Groveland, IL Multifamily Properties Investment Opportunities Market Analysis

Explore 1 multifamily properties for sale in Groveland, IL on our real estate platform. These investment opportunities span a total of 0 square feet of properties for sale, with an estimated market value of $0.00.

Sale prices for multifamily properties in Groveland, IL start at $0.00, averaging $0.00, and reaching up to $0.00 — 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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