Retail

Elkhart, IL Retail Properties & Spaces for Sale

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Broadwell, IL Williamsville, IL Greenview, IL Lincoln, IL Carbondale, IL Sherman, IL Dawson, IL Springfield, IL
Mixed-Use Building with Rear Apartment
Updated: Sep 10
Mixed-Use Building with Rear Apartment

107 S Governor Oglesby Street, Elkhart, IL 62634

$350,000
Mixed‑use building with an apartment at the rear
Route 66 model raceway hobby shop included
Existing business inventory included with the sale
Brick construction with wood flooring
Central air conditioning and forced‑air natural gas heat
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Two-Building Cafe and Retail
Updated: Mar 12
Two-Building Cafe and Retail

100-102 Governor Oglesby St, Elkhart, IL 62634

$345,000
6,200 sqft
Two connected buildings (built 1890) include a 68‑seat cafe, retail space, and a walk‑up loft apartment
102 building features a recent EPDM rubber roof replacement and houses cafe seating, kitchen, and part of the retail
100 building has an older Conklin roof coating and includes additional retail plus an owner‑occupied walk‑up loft apartment
Cafe is currently open for lunch Thursday–Sunday
Owners plan to retire and leave inventory, fixtures, and furniture with the property
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Realmo Analytics Monitor Off-market properties and contact owners who are ready to sell. Many signals applied to make quality leads for you. Get Leads
Based on your search, we've compiled 11 Potential Opportunities for your consideration. Besides 2 Active listings in Elkhart, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 1 Off-Market properties to explore as potential leads, 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.

Corner Storefront Building
Corner Storefront Building

718 S Illinois Ave, Carbondale, IL 62901

$275,000
7,849 sqft

Flexible two-level layout with display windows, upper-level natural light, and access from both inside and outside.

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Corner Storefront With Display Windows
Corner Storefront With Display Windows

718 S ILLINOIS Avenue, Carbondale, IL 62901

$275,000
0.21 AC lot

Two-level building offers flexible commercial space with separate access to the upper floor.

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Brick Mixed-Use Building
Brick Mixed-Use Building

608-612 Broadway Street, Lincoln, IL 62656

$585,000

All-brick building with two retail storefronts on the main level and three fully leased apartments above.

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Storefront Property Near Route 66 Museum
Storefront Property Near Route 66 Museum

110 N Chicago Street, Lincoln, IL 62656

Contact for pricing

Commercial storefront positioned across from the depot and beside the Museum of Route 66 in downtown Lincoln.

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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.

B-1 Commercial Land
B-1 Commercial Land

2601 Memphis Drive, Springfield, IL 62702

$75,000
1.74 AC lot

Two commercial lots with B-1 zoning near Walmart and Dirksen Parkway.

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Masonry Flex Space with Storage Bays
Masonry Flex Space with Storage Bays

2505 E COOK Street, Springfield, IL 62703

$175,000
1.33 AC lot

The property combines masonry construction with fenced outdoor space and a second building containing several bays.

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Corner Commercial Land Parcel
Corner Commercial Land Parcel

700 W JEFFERSON Street, Springfield, IL 62702

$175,000
0.59 AC lot

B1-zoned corner parcel with street access, utility availability, and established commercial redevelopment potential.

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B-2 Commercial Land
B-2 Commercial Land

1614 W JEFFERSON Street, Springfield, IL 62702

$39,900

B-2-zoned commercial land with access from West Jefferson Street.

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Off-Market Properties in Elkhart, IL

Consider similar Off-Market properties in Elkhart, IL. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

104 Governor Oglesby St
Restaurants

104 Governor Oglesby St, Elkhart, IL 62634

Estimated value: by Request
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Elkhart, IL Retail Properties & Spaces Market Trends and Statistics

Explore 3 retail properties & spaces for sale in Elkhart, IL on our real estate platform. These investment opportunities span a total of 6,200 square feet of properties for sale, with an estimated market value of $695,000.

Sale prices for stores in Elkhart, IL start at $345,000, averaging $347,500, and reaching up to $350,000 — 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

Storefront properties 2

Demographics Overview

Population 1,141
Population Growth (5Y) +47.2%
Median Household Income $79,722
College Educated 44.8%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
62634 $347.5K

Taxes & Financing

Tax Rate (average for all types) 3.60%
Tax Rate vs County Average 4.30 pp below county avg
Average Loan-to-Value 65.0%

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