Groveland, IL Retail properties for sale

$569,000

Remodeled Mixed-Use Building in Groveland

19478 Springfield Rd, Groveland, IL 61535

Fully occupied mixed-use property with long-term tenants and leases.

High yearly gross rental income of $67,560.
Recent upgrades including paint, flooring, carpet, lighting, furnaces, AC units and water heater.
5 unit multifamily & commercial space building.
Long term tenants.
Low overhead property.

Updated: Feb 9

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$569,000

0.44 Acres

Remodeled Mixed-Use Building in Groveland

19478 Springfield Rd, Groveland, IL 61535

Fully occupied mixed-use building with long-term tenants and leases.

Strong 9.07% Cap Rate
In‑Place Net Operating Income (NOI) of $51,216
Fully Occupied with Long‑Term Tenants and Leases
Newly Remodeled Mixed‑Use Building
Turn‑Key Property with Minimal Landlord Responsibilities

Updated: Feb 5

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Explore Opportunities in Nearby Cities

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

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10,894 SF

East Peoria Multi-Use Property

Multi-unit property with retail, gym, apartment, and storage.

1101 E Washington St, East Peoria, IL 61611

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$1,500,000

33.13 Acres

Pekin Sports & Event Center

33-Acre Complex, $1.5M

3401 Griffin Ave, Pekin, IL 61554

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3,500 SF

New Chipotle Redevelopment For Sale

New 2025 Chipotle redevelopment with 15-year net lease.

3440 Court St, Pekin, IL 61554

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$5,600,000

5,970 SF

Modern Car Wash Investment Opportunity

East Peoria car wash property with strong tenant and location.

540 W Camp St, East Peoria, IL 61611

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Explore Off-Market Properties in Groveland, IL

Consider similar Off-Market properties in Groveland, 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.

4990 Edgewater Dr

PARKING GARAGE, PARKING STRUCTURE • 4,280 SF

Value Estimation by Request

4990 Edgewater Dr, Groveland, IL 61535-9752

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18706 Springfield Rd

RESTAURANT • 2,610 SF

Value Estimation by Request

18706 Springfield Rd, Groveland, IL 61535-9506

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4980 Edgewater Dr

BAR, TAVERN • 2,304 SF

Value Estimation by Request

4980 Edgewater Dr, Groveland, IL 61535-9752

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19416 Springfield Rd, Unit PARCEL

CONVENIENCE STORE • 2,844 SF

Value Estimation by Request

19416 Springfield Rd, Groveland, IL 61535-9518

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Groveland, IL Retail Properties Investment Opportunities Market Analysis

Explore 6 retail properties for sale in Groveland, IL on our real estate platform. These investment opportunities span a total of 126,786 square feet of properties for sale, with an estimated market value of $1,594,000.

Sale prices for stores in Groveland, IL start at $180,000, averaging $318,800, and reaching up to $569,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

Groveland, IL Retail Properties for Sale

Remodeled Mixed-Use Building in Groveland

Fully occupied mixed-use property with long-term tenants and leases.

Remodeled Mixed-Use Building in Groveland

Fully occupied mixed-use building with long-term tenants and leases.