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    Elizabeth, IL
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    Elizabeth, IL Retail Properties & Spaces for Sale

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    Apple River, IL Hanover, IL Galena, IL Savanna, IL Mount Carroll, IL Bellevue, IA Shullsburg, WI Lena, IL
    Downtown Elizabeth Commercial Building For Sale
    Updated: May 27
    Downtown Elizabeth Commercial Building For Sale

    136 N Main Street, Elizabeth, IL 61028

    $235,000
    4,134 sqft 0.10 AC lot
    Expansive brick‑front commercial building on Main Street with 8,000+ sq ft across two levels
    Main level: 4,000+ sq ft open retail layout with wide storefront windows and a defined rear section for office or additional use
    Lower level: 4,000+ sq ft with retail display space, extensive storage/warehouse/workspace, dedicated office, and two toilet rooms
    Rear alley access for loading and deliveries plus extensive workspace and storage areas
    Metal roof and solar panels added during current ownership
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    Brick-Front Retail and Warehouse Building
    Updated: May 30
    Brick-Front Retail and Warehouse Building

    136 N. Main Street, Elizabeth, IL 61028

    $235,000
    8,268 sqft
    1982 brick‑front, two‑level commercial building on Main Street in downtown Elizabeth
    Over 8,000 total SF across both levels, with more than 4,000 SF on the main level
    Main level open retail configuration with wide storefront windows, abundant display areas, and rear office‑ready section
    Lower level 4,000+ SF with retail display plus storage, warehouse, and workspace areas, including a dedicated office
    Lower level includes two toilet rooms and rear alley access for convenient loading and deliveries
    View details
    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 2 Active listings in Elizabeth, 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.

    Two-Level Retail and Office Building
    Two-Level Retail and Office Building

    800 Spring Street, Galena, IL 61036

    $1,700,000
    11,400 sqft 3.98 AC lot

    Two-level, multi-tenant building with retail showroom and office suites on a highly visible highway corridor.

    View details
    Turn-Key Inn with Annex
    Turn-Key Inn with Annex

    412 Spring Street, Galena, IL 61036

    $850,000
    10,342 sqft

    Licensed inn property with multiple guest suites and additional annex space on Highway 20.

    View details
    Mixed-Use Corner Building
    Mixed-Use Corner Building

    101 W Market Street, Mount Carroll, IL 61053

    $214,000
    6,020 sqft 0.13 AC lot

    Downtown corner building with open retail space plus four upstairs apartments and a walkout lower level for storage.

    View details
    Downtown Mixed-Use Corner Building
    Downtown Mixed-Use Corner Building

    101 W Market Street, Mount Carroll, IL 61053

    $214,000
    7,768 sqft

    Corner mixed-use building combines main-floor retail with four upstairs apartments and a walkout lower level.

    View details

    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.

    Commercial Land in Galena, IL
    Commercial Land in Galena, IL

    300 Caroldon Court, Galena, IL 61036

    $50,000
    1.12 AC lot

    Commercial building site in Galena's newer business development.

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    6.93 Acres in Galena, IL
    6.93 Acres in Galena, IL

    US HWY 20 W lot: 1, Galena, IL 61036

    $1,132,000
    6.93 AC lot

    6.93 acres near Gateway Park with city utilities.

    View details
    Commercial Land in Galena, IL
    Commercial Land in Galena, IL

    Oldenburg Lane, Galena, IL 61036

    $54,900
    1.17 AC lot

    1.17-acre commercial parcel ready for development near Highway 20.

    View details
    Elevated Commercial Land with River Views
    Elevated Commercial Land with River Views

    527 Badger Road, Hazel Green, WI 53811

    $1,700,000
    34.94 AC lot

    Large commercial parcel with elevated terrain and Mississippi River views, positioned for development with convenient access.

    View details

    Elizabeth, IL Retail Properties & Spaces Market Trends and Statistics

    Explore 2 retail properties & spaces for sale in Elizabeth, IL on our real estate platform. These investment opportunities span a total of 12,402 square feet of properties for sale, with an estimated market value of $470,000.

    Sale prices for stores in Elizabeth, IL start at $235,000, averaging $235,000, and reaching up to $235,000 — 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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    Demographics Overview

    Population 1,671
    Population Growth (5Y) -18.5%
    Median Household Income $86,328
    College Educated 41.3%

    High-Yield Neighborhoods for Investment

    Identify Elizabeth submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    61028 $198.3K

    Taxes & Financing

    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Jo Daviess County

    New Delisted

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