Franklin Grove, IL Retail properties & Spaces for sale

Updated: Mar 2

Retail Property For Sale

305 Lincoln Hwy, Franklin Grove, IL 61031

Contact for pricing

10,640 sqft

6.65% Cap Rate
New Build
Year Built: 2026
Limited Comp.

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1 active listing matches your search: Retail for sale in Franklin Grove, IL. Based on your search, we've also compiled 8 Potential Opportunities for your consideration: 4 properties in nearby cities and 4 land listings with development potential.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Flex Space with Loading Dock

1204 S Galena Avenue, Dixon, IL 61021

$1,300,000

0.82 acres 3-phase 900 sqft cold storage Built 1950 / renov 2021

Road access

Updated building systems and a loading dock support shipping and receiving operations.

Epoxy flooring 3-phase electrical Rubberized roof Loading dock Indoor wash bay Floor drains Newer furnace and central air Cold storage building

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Flex Space with Warehouse

903 S 7th St, Rochelle, IL 61068

Contact for pricing

9,000 sqft 3-phase 3,200 sqft warehouse

Road access B-2

B-2 zoning and a combination of customer-facing and work areas support a range of commercial configurations.

Utilities to site Insulated warehouse Power and floor drains Three phase power Large overhead doors

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Walmart Outparcel Strip Mall

1221 North Caron Road, Rochelle, IL 61068

Contact for pricing

Multi-tenant 10,500 sqft Built 2013

90% occupied

Multi-tenant retail center with established occupancy and a prominent national retail anchor.

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Mixed-Use Building With Garage

534 IL Route 2, Dixon, IL 61021

$165,000

3.5 acres 1 building Built 1861

Highway access + Road access

Flexible commercial layout with office, retail, restaurant, and additional use potential.

Attached garage

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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.

Commercial Land Near Parks

2002 Lowell Park Road lot: 7, Dixon, IL 61021

$72,000

0.89 acres

A gently sloping, treed commercial parcel near shopping and parks.

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Commercial Land with Road Frontage

2004 Lowell Park Road, Dixon, IL 61021

$60,000

Commercially zoned land with Lowell Park Road frontage and septic service needed.

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Land For Sale

2002 Lowell Park Road, Dixon, IL 61021

$72,000

Land available at Lowell Park Road and Timber Creek Road.

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Commercial Land with Retail Frontage

E Lincolnway, Sterling, IL 61081

$295,000

2 acres

Flat commercial parcel positioned in Sterling’s east retail district with frontage along East Lincolnway.

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Franklin Grove, IL Retail Properties & Spaces for Sale

305 Lincoln Hwy, Franklin Grove, IL 61031