Retail

Franklin Grove, IL Retail Properties & Spaces for Sale

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Ashton, IL Dixon, IL Amboy, IL Oregon, IL Rochelle, IL Steward, IL Kings, IL Compton, IL
Retail Property For Sale
Updated: Mar 2
Retail Property For Sale

305 Lincoln Hwy, Franklin Grove, IL 61031

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10,640 sqft
6.65% Cap Rate
New Build
Year Built: 2026
Limited Comp.
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Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Franklin Grove, 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.

Automotive Shop and Showroom
Automotive Shop and Showroom

602 S Division Ave, Polo, IL 61064

$180,000
1,700 sqft 0.42 AC lot

Auto shop building with three-bay work area, waiting room, and office space on a highly visible commercial site.

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Operating Pharmacy Building
Operating Pharmacy Building

100 W Blackhawk Dr, Byron, IL 61010

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14,625 sqft

Established pharmacy operation with the building and land included in the sale.

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Grocery Store Building
Grocery Store Building

415 W Blackhawk Dr, Byron, IL 61010

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22,000 sqft

Commercially zoned property with an operating grocery business available for purchase.

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Remodeled Car Wash and Laundromat
Remodeled Car Wash and Laundromat

114 North Division Avenue, Polo, IL 61064

$399,000
10,425 sqft

Self-service wash facilities accompany a laundromat equipped with newer commercial machines and supporting customer amenities.

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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
Commercial Land Near Parks

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

$72,000
0.89 AC lot

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

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Commercial Land with Road Frontage
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
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
Commercial Land with Retail Frontage

E Lincolnway, Sterling, IL 61081

$295,000
2.00 AC lot

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 Market Trends and Statistics

Explore 1 retail properties & spaces for sale in Franklin Grove, IL on our real estate platform. These investment opportunities span a total of 10,640 square feet of properties for sale.

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Demographics Overview

Population 1,615
Population Growth (5Y) +4.8%
Median Household Income $74,050
College Educated 31.0%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
61031 $129.9K

Taxes & Financing

Tax Rate (average for all types) 8.32%
Tax Rate vs County Average 0.11 pp above county avg
Average Loan-to-Value 65.0%

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