Retail

Franklin Grove, IL Retail Properties & Spaces for Sale

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Dixon, IL Amboy, IL Oregon, IL Rochelle, IL Steward, IL Kings, IL Compton, IL Sublette, IL
Flex Space Building with Overhead Doors
Updated: May 19
Flex Space Building with Overhead Doors

116 W South Street, Franklin Grove, IL 61031

$129,900
0.13 AC lot
2,400 SF flex space building built in 1955
Two overhead garage doors for shop and workspace access
0.125‑acre site in Franklin Grove, IL
Reception, private office, and private bathroom
Recent updates: new siding, electrical, plumbing, and heating
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Retail Property 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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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 10 Potential Opportunities for your consideration. Besides 2 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 Industrial Service Facility
Renovated Industrial Service Facility

1204 S Galena Avenue, Dixon, IL 61021

$1,300,000

Renovated in 2021 with new epoxy flooring, upgraded electrical, loading dock, indoor wash bay, and on-site cold storage.

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Anchored Retail Center with US Bank
Anchored Retail Center with US Bank

212 Keul Road, Dixon, IL 61032

Contact for pricing

100% occupied shopping center anchored by a 2007-constructed US Bank with a drive-thru outparcel to Walmart.

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Corner Retail Building
Corner Retail Building

429-433 Lincoln Highway, Rochelle, IL 61068

Contact for pricing

For-sale corner retail building with a new roof and new upstairs windows.

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Mixed-Use Building with Apartments
Mixed-Use Building with Apartments

300 Cherry Avenue, Rochelle, IL 61068

Contact for pricing

Building features a first-floor kitchen and open area, plus four apartments on the second floor.

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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
Dixon, IL Land For Sale

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

$72,000
0.89 AC lot

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

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Commercially Zoned Land in Dixon
Commercially Zoned Land in Dixon

2004 Lowell Park Road, Dixon, IL 61021

$60,000
1.10 AC lot

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

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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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Generous Lots Close to Amenities
Generous Lots Close to Amenities

2004 Lowell Park Road, Dixon, IL 61021

$60,000
1.10 AC lot

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

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

Explore 2 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, with an estimated market value of $129,900.

Sale prices for stores in Franklin Grove, IL average $129,900 — 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

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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