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Shelbyville, IL Office Spaces for Sale

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Findlay, IL Pana, IL Assumption, 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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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.

Premium Healthcare Facility For Sale
Premium Healthcare Facility For Sale

1200 Il 121, Mt Zion, IL 62549

$975,000
4 sqft

Freestanding healthcare facility in Mt. Zion with development potential.

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Retail, Office
Retail, Office

123 North 15th Street, Mattoon, IL 61938

$1,100,000
14,588 sqft

Office Units · 14,588 SF

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Medical Building Near Clinic
Medical Building Near Clinic

220 Richmond Ave E, Mattoon, IL 61938

$190,000
0.62 AC lot

Professional medical building with long-term lease opportunities.

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Versatile Flex Building in Mt. Zion
Versatile Flex Building in Mt. Zion

200 Spitler Pk Plz Dr, Mt Zion, IL 62549

$650,000
12,000 sqft · 2.00 AC lot

12,000 SF flex building suitable for various commercial uses.

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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: 41, Springfield, IL 62703

$340,000
2.07 AC lot

Commercial land in mixed-use development with interstate access.

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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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Springfield Commercial Land For Sale
Springfield Commercial Land For Sale

Park S Drive lot: 42, Springfield, IL 62703

$330,000
2.08 AC lot

2.08 acre commercial land in mixed-use development, Springfield, IL

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Springfield Commercial Land For Sale
Springfield Commercial Land For Sale

Park S Drive lot: 43, Springfield, IL 62703

$50,000
0.65 AC lot

Commercial land in mixed-use development with interstate access.

View details

Shelbyville, IL Office Spaces Market Trends and Statistics

Explore 1 office spaces 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 spaces 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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