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Shelbyville, IL Office Spaces for Sale

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Findlay, IL Tower Hill, IL Windsor, IL Pana, IL Beecher City, IL Assumption, 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.

Medical Condo Office Units
Medical Condo Office Units

401 North Keller Drive, Effingham, IL 62401

Contact for pricing
6,000 sqft

Two middle condo suites totaling 6,000 SF, with one vacant and ready for occupancy in an established healthcare-anchored center.

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Refurbished Office Space
Refurbished Office Space

1013 S 19th St, Mattoon, IL 61938

Contact for pricing
4,800 sqft

Recently refurbished office unit with private offices, conference rooms, pre-wired workstations, and dedicated data room.

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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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Medical/Office Suite with X-Ray Room
Medical/Office Suite with X-Ray Room

511 W Virginia Ave, Effingham, IL 62401

$219,000

Suite includes seven private offices, reception, customer restroom, x-ray room, and break area with storage.

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Shelbyville, IL Office Spaces Market Trends and Statistics

Explore 3 office spaces 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 spaces 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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