Groveland, IL Retail properties & Spaces for sale

Updated: May 13, 2025

5-Unit Mixed-Use Apartment Building

19478 SPRINGFIELD Road, Groveland, IL 61535

$565,000

Two residential apartments plus three commercial units (five total)
Reported fully occupied with long‑term tenants and long‑term leases
Newly remodeled mixed‑use building with minimal landlord responsibilities
Reported 9.07% cap rate; in‑place long‑term lease profile
Forced air heating and zoned central air; shingle roof

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Based on your search, we've compiled 13 Potential Opportunities for your consideration. Besides 1 Active listings in Groveland, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 4 Off-Market properties to explore as potential leads, 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.

Retail Space with Multiple Units

3226-3230 Meadow Ave, East Peoria, IL 61611

Contact for pricing

4,173 sqft

Retail property offered for sale totaling 4,173 SF across 3226–3230 Meadow Ave.

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Corner Storefront With Detached Garage

113 PARK Road, Creve Coeur, IL 61610

$85,000

Commercial space offers Main Street access, paved parking, kitchenette, and flexible interior features.

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Neighborhood Retail Building

1818 Meadow Ave, East Peoria, IL 61611

Contact for pricing

Retail building with a barber shop and a gift/craft shop plus laundromat equipment included.

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Commercial Land on Main Thoroughfare

211 S Main St, Creve Coeur, IL 61610

Contact for pricing

Land with great visibility on a 4-lane main thoroughfare.

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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 Lakewood Park

121 W ASHLAND Street, Morton, IL 61550

$299,900

1.00 AC lot

B3-zoned commercial parcel with public sewer near Lakewood Park and established commercial businesses.

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B-3 Commercial Land

150 W COURTLAND Avenue, Morton, IL 61550

$1,800,000

3.55 AC lot

Level commercial land with B-3 zoning and public sewer service.

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Commercial Land Zoned B3

353 ANN ELIZA Street, Pekin, IL 61554

$165,000

0.14 AC lot

Vacant commercial lot zoned B3 with public sewer service, sized at 0.14 acres for flexible downtown development.

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Retail Space for Sale

1300 WASHINGTON Street, Washington, IL 61571

$850,000

1.50 AC lot

Retail space offered for sale with commercial zoning at 1300 Washington Street in Washington, Illinois.

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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.

PARKING GARAGE, PARKING STRUCTURE

4990 Edgewater Dr, Groveland, IL 61535-9752

$240,000

Estimated value

4,280 sqft 0.62 AC lot

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BAR, TAVERN

4980 Edgewater Dr, Groveland, IL 61535-9752

$180,000

Estimated value

2,304 sqft 0.90 AC lot

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CONVENIENCE STORE

19416 Springfield Rd, Groveland, IL 61535-9518

Unit PARCEL

$345,000

Estimated value

2,844 sqft 0.39 AC lot

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RESTAURANT

18706 Springfield Rd, Groveland, IL 61535-9506

$260,000

Estimated value

2,610 sqft 0.56 AC lot

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Groveland, IL Retail Properties & Spaces Market Trends and Statistics

Explore 5 retail properties & spaces for sale in Groveland, IL on our real estate platform.

Sale prices for stores in Groveland, IL average $565,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

Neighborhood	Average Price
61535	$565K

Neighborhood

Average Price

61535

$565K

Groveland, IL Retail Properties & Spaces for Sale

19478 SPRINGFIELD Road, Groveland, IL 61535