Groveland, IL Retail properties & Spaces for sale

Updated: May 2, 2025

Remodeled Mixed-Use Building in Groveland

19478 SPRINGFIELD Road, Groveland, IL 61535

$569,000

0.44 AC lot

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

View details

Updated: May 13, 2025

Remodeled Mixed-Use Building in Groveland

19478 SPRINGFIELD Road, Groveland, IL 61535

$569,000

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.

View details

Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center

Based on your search, we've compiled 14 Potential Opportunities for your consideration. Besides 2 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 Shopping Plaza with 28 Suites

2910-2996 Court Street, Pekin, IL 61554

$4,364,000

59,982 sqft · 5.45 AC lot

Fee-simple shopping plaza with 28 retail suites on two buildings and strong commuter-corridor frontage.

View details

East Peoria Mixed-Use Investment

220 & 222 MEADOW Avenue, East Peoria, IL 61611

$280,000

Mixed-use property with residential and commercial income potential.

View details

Open Retail Storefront with Rear Access

505 - 539 S. Parkway Drive, Pekin, IL 61554

Contact for pricing

1,386 sqft

Versatile open retail layout with dedicated restroom and convenient rear access, plus ample on-site parking.

View details

Mixed-Use Building Near Morton

3409 MEADOW Avenue, East Peoria, IL 61611

$314,900

0.70 AC lot

Multi-use building with commercial spaces and apartments near Morton.

View details

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.

Morton, IL Commercial Land

121 W ASHLAND Street, Morton, IL 61550

$299,900

1.00 AC lot

One-acre commercial land parcel in high-profile retail area.

View details

Morton Commercial Land For Sale

150 W COURTLAND Avenue, Morton, IL 61550

$1,800,000

3.55 AC lot

3.55 acre commercial land with high traffic frontage.

View details

High Profile Commercial Land Available

150 W Courtland Avenue, Morton, IL 61550

$1,800,000

3.55 AC lot

3.55 acres of commercial land with high traffic frontage.

View details

Commercial Lot in Downtown Pekin

353 ANN ELIZA Street, Pekin, IL 61554

$165,000

0.14 AC lot

High-visibility commercial lot in downtown Pekin with B-3 zoning.

View details

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

Value Estimation by Request

4,280 sqft · 0.62 AC lot

View details

BAR, TAVERN

4980 Edgewater Dr, Groveland, IL 61535-9752

Value Estimation by Request

2,304 sqft · 0.90 AC lot

View details

CONVENIENCE STORE

19416 Springfield Rd, Groveland, IL 61535-9518

Unit PARCEL

Value Estimation by Request

2,844 sqft · 0.39 AC lot

View details

RESTAURANT

18706 Springfield Rd, Groveland, IL 61535-9506

Value Estimation by Request

2,610 sqft · 0.56 AC lot

View details

Groveland, IL Retail Properties & Spaces Market Trends and Statistics

Explore 6 retail properties & spaces for sale in Groveland, IL on our real estate platform. These investment opportunities span a total of 0 square feet of properties for sale, with an estimated market value of $1,138,000.

Sale prices for stores in Groveland, IL start at $569,000, averaging $569,000, 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.

Neighborhood	Average Price
61535	$569K

Neighborhood

Average Price

61535

$569K

Groveland, IL Retail Properties & Spaces for Sale

19478 SPRINGFIELD Road, Groveland, IL 61535

19478 SPRINGFIELD Road, Groveland, IL 61535