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    Forsyth, IL Retail Properties & Spaces for Sale

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    Decatur, IL Oreana, IL Maroa, IL Macon, IL Mt Zion, IL Cerro Gordo, IL Dalton City, IL Mount Zion, IL
    Medical Office Space For Sale
    Updated: Aug 1, 2024
    Medical Office Space For Sale

    845 S Route 51, Forsyth, IL 62535

    $1,499,000
    7,200 sqft 1.28 AC lot
    High‑visibility location directly off US Route 51 with over 20,000 vehicles per day.
    Fully leased dual‑tenant facility with a pharmacy already in place.
    7,200 square foot building on a 1.28‑acre parcel.
    Parking lot with 75 spaces and a drive‑through for the pharmacy.
    Medical office space includes a dual‑sided lobby, four restrooms, receptionist area, break room, office, nurse bullpen, lead X‑RAY room, and multiple exam rooms.
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    This listing looks promising.

    Here's a quick look at some key insights for

    845 S Route 51, Forsyth, IL, 62535-9809

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    • Est. Cap Rate

      5.7%
      NOI ÷ price

    • Est. NOI

      $85K
      Annual

    • Price @ 7% Cap

      $1.21M
      Suggested

    • Last Sold

      Apr 2013
      $1.58M
    View Property Analytics
    NNN Retail Property with Frontage
    Updated: Jul 31
    NNN Retail Property with Frontage

    1085 S Route 51, Forsyth, IL 62535

    Contact for pricing
    15,586 sqft 1.65 AC lot
    15,586‑square‑foot retail property on 1.65 acres
    NNN ground lease with tenant responsibility for taxes, insurance, and maintenance
    Friar Tuck has operated at the site since 2013 and exercised multiple renewal options
    Full frontage along US Highway 51 with approximately 27,400 vehicles per day
    Near Interstate 72, reporting approximately 13,500 vehicles per day
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    Absolute NNN Retail Property
    Absolute NNN Retail Property

    1146 Hickory Point Mall, Forsyth, IL 62535

    Contact for pricing
    90,500 sqft

    Kohl’s has operated at this location since 1982 under an absolute NNN ground lease.

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    Car Wash Redevelopment Site
    Car Wash Redevelopment Site

    138 Highland Dr, Forsyth, IL 62535

    Contact for pricing

    Nearly half-acre property with 2,000+ square feet of improvements and tall pylon signage in a highly visible retail area.

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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 63 Potential Opportunities for your consideration. Besides 4 Active listings in Forsyth, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 51 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.

    B-3 Zoned Strip Center
    B-3 Zoned Strip Center

    1423 E Mound Rd, Decatur, IL 62526

    Contact for pricing
    11,856 sqft

    B-3 zoned strip center offering flexible space within a multi-tenant retail configuration.

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    Decatur Retail Strip Center
    Decatur Retail Strip Center

    1423 E Mound Rd, Decatur, IL

    Contact for pricing
    6,000 sqft 0.69 AC lot

    6,000 SF retail center in Decatur, Illinois for sale.

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    Two-Car Wash Package
    Two-Car Wash Package

    3241 N Woodford Street, Decatur, IL 62526

    $950,000

    For sale package includes two well-maintained car wash facilities with a combination of automatic and manual bays.

    View details
    Walgreens on Illinois Route 48
    Walgreens on Illinois Route 48

    1311 IL-48, Decatur, IL 62526

    Contact for pricing
    12,918 sqft

    Net-leased Walgreens in Decatur, Illinois, a durable investment opportunity.

    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 Corner Lot in Taylorville
    Commercial Corner Lot in Taylorville

    E Bidwell Street, Taylorville, IL 62568

    $150,000
    0.60 AC lot

    Commercial corner lot in Grand Plaza, Taylorville, Illinois.

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    Commercial Land with Interstate Visibility
    Commercial Land with Interstate Visibility

    Le Roy, IL 61752

    $100,200
    1.12 AC lot

    COMMR-zoned site near an interstate interchange with regional access to Bloomington-Normal and Champaign-Urbana.

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    Commercial Land Near Interstate Access
    Commercial Land Near Interstate Access

    Le Roy, IL 61752

    $76,250
    0.70 AC lot

    Commercially zoned parcel with Interstate 74 proximity and exit-ramp visibility.

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    Commercial Lot in Growing Community
    Commercial Lot in Growing Community

    Le Roy, IL 61752

    $121,968
    0.70 AC lot

    Commercial lot available in LeRoy, IL, near Interstate 74.

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    Off-Market Properties in Forsyth, IL

    Consider similar Off-Market properties in Forsyth, 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 Rte 51
    CONVENIENCE STORE (W/FUEL PUMP)

    104 Rte 51, Forsyth, IL 62535-8965

    $340,000
    Estimated value
    0.81 AC lot
    View details
    422 Elwood St
    SHOW ROOM, WAREHOUSE

    422 Elwood St, Forsyth, IL 62535-8927

    Value Estimation by Request
    0.29 AC lot
    View details
    124 Highland Dr
    SHOW ROOM, WAREHOUSE

    124 Highland Dr, Forsyth, IL 62535-8906

    $1,930,000
    Estimated value
    0.44 AC lot
    View details
    115 Magnolia Dr
    PARKING LOT

    115 Magnolia Dr, Forsyth, IL 62535-9605

    $500,000
    Estimated value
    0.22 AC lot
    View details
    105 Magnolia Dr
    AUTO REPAIR, GARAGE

    105 Magnolia Dr, Forsyth, IL 62535-9605

    $195,000
    Estimated value
    0.53 AC lot
    View details
    535 Marion Ave
    GYM, HEALTH SPA

    535 Marion Ave, Forsyth, IL 62535-1070

    $2,545,000
    Estimated value
    1.01 AC lot
    View details
    324 Ruehl St
    RETAIL STORES (PERSONAL SERVICES)

    324 Ruehl St, Forsyth, IL 62535-8802

    $250,000
    Estimated value
    0.11 AC lot
    View details
    320 Rte 51
    SHOW ROOM, WAREHOUSE

    320 Rte 51, Forsyth, IL 62535-8929

    $275,000
    Estimated value
    2.85 AC lot
    View details
    851 Rte 51
    RESTAURANT

    851 Rte 51, Forsyth, IL 62535-9759

    $4,040,000
    Estimated value
    1.34 AC lot
    View details
    1351 Hickory Pt Dr
    REGIONAL SHOPPING CENTER, MALL

    1351 Hickory Pt Dr, Forsyth, IL 62535-1098

    $1,185,000
    Estimated value
    0.90 AC lot
    View details
    1360 Koester Dr
    DEPARTMENT STORE

    1360 Koester Dr, Forsyth, IL 62535-9618

    $985,000
    Estimated value
    2.62 AC lot
    View details
    910 Rte 51
    DRIVE-THRU RESTAURANT, FAST FOOD

    910 Rte 51, Forsyth, IL 62535-8928

    $290,000
    Estimated value
    0.91 AC lot
    View details
    990 Rte 51
    RESTAURANT

    990 Rte 51, Forsyth, IL 62535-9603

    $1,125,000
    Estimated value
    2.31 AC lot
    View details
    1315 Koester Dr
    GAS STATION

    1315 Koester Dr, Forsyth, IL 62535-9625

    $1,815,000
    Estimated value
    0.94 AC lot
    View details
    106 Barnett Ave
    REGIONAL SHOPPING CENTER, MALL

    106 Barnett Ave, Forsyth, IL 62535-1117

    $340,000
    Estimated value
    0.75 AC lot
    View details
    1500 Koester Dr
    VEHICLE SALES, RENTALS

    1500 Koester Dr, Forsyth, IL 62535-8918

    $320,000
    Estimated value
    7.34 AC lot
    View details
    108 Barnett Ave
    RESTAURANT

    108 Barnett Ave, Forsyth, IL 62535-9611

    $330,000
    Estimated value
    0.93 AC lot
    View details
    111 Cox St
    RETAIL STORES (PERSONAL SERVICES)

    111 Cox St, Forsyth, IL 62535-8800

    $345,000
    Estimated value
    1.10 AC lot
    View details
    1400 Hickory Pt Dr
    DRIVE-THRU RESTAURANT, FAST FOOD

    1400 Hickory Pt Dr, Forsyth, IL 62535-1049

    $290,000
    Estimated value
    1.10 AC lot
    View details
    138 Lucile Ave
    SHOW ROOM, WAREHOUSE

    138 Lucile Ave, Forsyth, IL 62535-9613

    $275,000
    Estimated value
    0.68 AC lot
    View details

    Forsyth, IL Retail Properties & Spaces Market Trends and Statistics

    Explore 55 retail properties & spaces for sale in Forsyth, IL, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 113,286 square feet of properties for sale, with an estimated market value of $1,499,000.

    Sale prices for stores in Forsyth, IL average $1,499,000 — 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
    Automotive properties 1
    Car washes 1
    Drug stores 1

    Demographics Overview

    Population 3,656
    Population Growth (5Y) +21.7%
    Median Household Income $113,456
    College Educated 81.2%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    62535 $1.5M

    Taxes & Financing

    Average Loan-to-Value 65.0%

    Property Size Breakdown

    The majority of commercial real estate listings in Forsyth fall within the 50,000 to 100,000 square foot range.

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