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Shelbyville, IL Office Buildings for Sale

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Findlay, IL Tower Hill, IL Windsor, IL Pana, IL Assumption, IL Beecher City, IL Herrick, IL Sullivan, IL
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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Leased Office Building with Parking
Updated: May 6
Leased Office Building with Parking

1819 W Main St, Shelbyville, IL 62565

$174,900
Leased office space at 1819 W Main St in Shelbyville
Well‑maintained office space
Flexible floor plans for a range of office uses
Includes parking for employees and visitors
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Renovated Duplex Office Building
Renovated Duplex Office Building

1502 W Main St, Shelbyville, IL 62565

$325,000

Single-level commercial layout with shared kitchenette and bathroom, plus potential drive-through access.

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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 7 Potential Opportunities for your consideration. Besides 3 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.

Two-Story Office Suite Corner
Two-Story Office Suite Corner

901 Charleston Ave, Mattoon, IL 61938

Contact for pricing
5,868 sqft

Two-level office space offers natural light, private offices, a waiting area, and separate front and rear access.

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Move-In Ready Office Building
Move-In Ready Office Building

1270 S Jasper Street, Decatur, IL 62521

$130,000

Move-in ready office building with a reception area, waiting lobby, private offices, restrooms, and front and rear parking.

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Flexible Two-Level Office Building
Flexible Two-Level Office Building

2300 Champaign Ave, Mattoon, IL 61938

$120,000

Multi-room layout includes meeting space, a kitchenette, separate restrooms, and on-site parking.

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Mixed-Use Brick Building
Mixed-Use Brick Building

1689 S Franklin St, Decatur, IL 62521

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Spacious all-brick building occupied by a bank and a medical office, with 57 parking spaces across three parcels.

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Shelbyville, IL Office Buildings Market Trends and Statistics

Explore 3 office buildings for sale in Shelbyville, IL, showcased through 3 active listings 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 $1,298,900.

Sale prices for office properties in Shelbyville, IL start at $174,900, averaging $432,966, 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

Office buildings 3
Medical Office Space 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 $487K

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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