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Elizabeth, IL Retail Properties & Spaces for Sale

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Apple River, IL Galena, IL Hanover, IL

Downtown Elizabeth Commercial Building For Sale

$235,000

4,134 SF

Downtown Elizabeth Commercial Building For Sale

136 N Main Street, Elizabeth, IL 61028

Spacious commercial building in downtown Elizabeth with retail and storage.

Prime downtown location on Main Street with high visibility.
Expansive 8,000+ sq ft commercial space across two levels.
Flexible layout suitable for retail, office, storage, or warehouse use.
Durable metal roof and solar panels for energy efficiency.
Lower level with rear alley access for convenient loading and deliveries.

Updated: May 27

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$124,777

2,156 SF

Corner Lot on Highway 20

1328 US Highway 20 W, Elizabeth, IL 61028

High-visibility corner lot with existing shed and highway frontage.

High‑visibility location at the corner of U.S. Highway 20 and Elizabeth‑Scales Mound Road.
Strong frontage on a major highway.
Average daily traffic count of approximately 5,000 vehicles.
2,156 sq ft shed provides immediate functional space.
Potential advertising visibility to passing traffic.

Updated: May 4

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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.

$499,000

Grocery Store in Downtown Shullsburg

Thriving grocery store business opportunity in downtown Shullsburg, Wisconsin.

132 W Water Street, Shullsburg, WI 53586

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Galena Commercial Property with Warehouse

$914,000

6,000 SF

Galena Commercial Property with Warehouse

6,000 SF retail space with 3,750 SF warehouse.

1233 N Franklin Street, Galena, IL 61036

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$499,000

3,460 SF

Shullsburg Grocery Store Opportunity

Grocery store business for sale in downtown Shullsburg.

132 W Water, Shullsburg, WI 53586

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$985,900

3,840 SF

Galena Commercial Building on US

3800+ sq ft commercial building on 0.79 acres.

11110 US Rt 20 W, Galena, IL 61036

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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.

$50,000

1.12 Acres

Commercial Land in Galena, IL

Commercial building site in Galena's newer business development.

300 Caroldon Court, Galena, IL 61036

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$1,132,000

6.93 Acres

6.93 Acres in Galena, IL

6.93 acres near Gateway Park with city utilities.

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

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$54,900

1.17 Acres

Commercial Land in Galena, IL

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

Oldenburg Lane, Galena, IL 61036

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$1,700,000

34.94 Acres

Commercial Land in Hazel Green

Ready-to-build commercial land with electricity on site.

527 Badger Road, Hazel Green, WI 53811

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Elizabeth, IL Retail Properties & Spaces Investment Opportunities Market Analysis

Explore 2 retail properties & spaces for sale in Elizabeth, IL on our real estate platform. These investment opportunities span a total of 6,290 square feet of properties for sale, with an estimated market value of $359,777.

Sale prices for stores in Elizabeth, IL start at $124,777, averaging $179,888, 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%

Taxes & Financing

Average Loan-to-Value 65.0%

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Elizabeth, IL Retail Properties & Spaces for Sale