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Shelbyville, IL Office Buildings for Sale

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Downtown Shelbyville Commercial Building
Updated: Sep 25, 2025
Downtown Shelbyville Commercial Building

200 N Morgan Street Shelbyville IL 62565, Shelbyville, IL 62565

$799,000
7,768 sqft
Almost 8000 square feet of flexible space suitable for various uses.
Prime downtown location on the corner of N. Morgan and N. 1st Streets, near the Courthouse and other businesses.
Completely remodeled in 2012 with a large addition.
Includes 13‑15 offices, 2 conference rooms, lounge with kitchenette, and exercise room with shower.
Features two vaults, offering secure storage.
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Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Shelbyville, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 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.

Spacious Office Building, Springfield, IL
Spacious Office Building, Springfield, IL

3055 S 4TH Street, Springfield, IL 62703

$410,000
4,700 sqft · 3.84 AC lot

Over 4700 sq ft office space near high traffic area.

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Versatile Lakefront Headquarters Building
Versatile Lakefront Headquarters Building

500 S 27th St, Decatur, IL 62521

$2,750,000
153,021 sqft · 25.80 AC lot

Former Illinois Power HQ with versatile space on 25.8 acres.

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Professional Office Building For Sale
Professional Office Building For Sale

916 Community Drive, Springfield, IL 62703

$450,000
4,500 sqft

Prime location office building with conference room and parking.

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Decatur Office Building For Sale
Decatur Office Building For Sale

1690 Huston Dr, Decatur, IL 62526

$124,999
6,300 sqft

6,300 SF office building with ample parking.

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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.

Springfield Commercial Land For Sale
Springfield Commercial Land For Sale

Park S Drive lot: 18, Springfield, IL 62703

$400,000
2.17 AC lot

Commercial land in mixed-use development with high traffic and accessibility.

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Commercial Land in Springfield, IL
Commercial Land in Springfield, IL

Park S Drive lot: 9, Springfield, IL 62703

$180,000
1.00 AC lot

Commercial land for sale in a mixed-use development.

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Champaign Commercial Land For Sale
Champaign Commercial Land For Sale

4202 Nicklaus Drive, Champaign, IL 61822

$750,000
1.92 AC lot

1.92-acre commercial lot in desirable Champaign location.

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Savoy, IL Commercial Development Land
Savoy, IL Commercial Development Land

612 CLARENDON Court, Savoy, IL 61874

$450,000
5,000 sqft · 1.97 AC lot

1.97-acre commercial parcel in high-growth Savoy corridor.

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Shelbyville, IL Office Buildings Market Trends and Statistics

Explore 1 office buildings for sale in Shelbyville, IL on our real estate platform. These investment opportunities span a total of 7,768 square feet of properties for sale, with an estimated market value of $799,000.

Sale prices for office properties in Shelbyville, IL start at $799,000, averaging $799,000, and reaching up to $799,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Medical Office Space 2
Office buildings 1

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 $799K

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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