Franklin Grove, IL
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    Franklin Grove, IL Retail Properties & Spaces for Sale

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    Dixon, IL Amboy, IL Oregon, IL
    Flexible Automotive Workshop Building
    $129,900
    0.13 Acres
    Flexible Automotive Workshop Building

    116 W South Street, Franklin Grove, IL 61031

    Well-maintained small commercial building with overhead garage doors, office, and shop space suited to service and light automotive uses.
    • Recently updated with new siding, electrical, plumbing, and heating.
    • 2,400 SF commercial building suitable for various business uses.
    • Includes two overhead garage doors and a shop/workspace area.
    • Features a reception area, private office, and private bathroom.
    • Equipped with mini‑split A/C and a backup generator.
    Updated: May 19
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    New Dollar General Market Property
    $1,909,896
    10,640 SF
    New Dollar General Market Property

    305 E Lincoln Hwy, Franklin Grove, IL 61031

    New construction Dollar General Market with long-term lease.
    • Absolute NNN Lease: Enjoy a completely passive investment.
    • Investment Grade Tenant: Leased to a creditworthy tenant with an S&P rating of BBB.
    • Secure 15‑year lease with 5% rental escalations.
    • New Construction: Offers a modern, attractive property.
    • Dollar General Market Prototype: A larger, highly desired store format.
    Updated: May 21
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    Retail Property For Sale
    $1,909,896
    10,640 SF
    Retail Property For Sale

    Retail property with limited competition and new construction.

    305 Lincoln Hwy, Franklin Grove, IL 61031

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    Based on your search, we've compiled 11 Potential Opportunities for your consideration. Besides 3 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.

    Renovated Commercial Property on Route 251
    $699,000
    2,500 SF
    Renovated Commercial Property on Route 251

    High-visibility commercial property on 2.5 acres near major interstate.

    1010 S Il Route 251, Rochelle, IL 61068

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    Versatile Commercial Property, High Traffic
    $399,000
    4,992 SF
    Versatile Commercial Property, High Traffic

    Adaptable commercial property with office and shop space in Dixon.

    1139 Franklin Grove Road, Dixon, IL 61021

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    Casey's Ground Lease Opportunity
    $2,420,968
    4,200 SF
    Casey's Ground Lease Opportunity

    4,200 SF NNN ground lease in Dixon, IL.

    1751 S Galena Ave, Dixon, IL

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    Free-Standing Commercial Building in Rochelle
    $199,999
    0.67 Acres
    Free-Standing Commercial Building in Rochelle

    1,682 SF commercial building in active Rochelle corridor.

    901 S 7 St, Rochelle, IL

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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.

    Dixon, IL Land For Sale
    $72,000
    0.89 Acres
    Dixon, IL Land For Sale

    Land for sale in Dixon, IL, near shopping and parks.

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

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    Commercially Zoned Land in Dixon
    $60,000
    1.10 Acres
    Commercially Zoned Land in Dixon

    1.10 acre commercially zoned land with frontage on Lowell Park Rd.

    2004 Lowell Park Road, Dixon, IL 61021

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    Land For Sale
    $72,000
    Land For Sale

    Land available at Lowell Park Road and Timber Creek Road.

    2002 Lowell Park Road, Dixon, IL 61021

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    Generous Lots Close to Amenities
    $60,000
    1.10 Acres
    Generous Lots Close to Amenities

    Edge of town subdivision with lots close to shopping, parks.

    2004 Lowell Park Road, Dixon, IL 61021

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    Franklin Grove, IL Retail Properties & Spaces Market Trends and Statistics

    Explore 3 retail properties & spaces for sale in Franklin Grove, IL, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 21,280 square feet of properties for sale, with an estimated market value of $3,819,792.

    Sale prices for stores in Franklin Grove, IL start at $1,909,896, averaging $1,909,896, and reaching up to $1,909,896 — 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

    Auto shops 1
    Automotive properties 1
    Grocery and convenience stores 1

    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 $1.3M

    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%

    Listings Trend

    New vs delisted commercial listings in Lee County

    New Delisted

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