Lee County, IL Retail properties & Spaces for sale

Updated: Mar 2

Retail Property For Sale

305 Lincoln Hwy, Franklin Grove, IL 61031

$1,909,896

10,640 sqft

6.65% Cap Rate
New Build
Year Built: 2026
Limited Comp.

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This listing looks promising.

Here's a quick look at some key insights for

305 Lincoln Hwy, Franklin Grove, IL 61031

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Est. Cap Rate

6.8%
Above avg (5.9%)
Est. NOI

$131K
Annual
Mortgage

$120K
Jan 2021
Last Sold

Jan 2021
$150K

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Updated: Mar 16

Turn-Key Flex Facility with Loading Dock

1204 S Galena Avenue, Dixon, IL 61021

$1,300,000

0.82 AC lot

Prominent corner commercial property with dual‑street frontage on Galena Avenue and Division Street
Less than 1 mile from Interstate 88, with traffic counts over 12,000 vehicles passing daily
Renovated in 2021 with new epoxy flooring throughout and all new 3‑phase electrical installed in 2021
Rubberized roof installed in 2018 with a 20‑year transferable warranty
Loading dock plus indoor wash bay and floor drains on both the main and lower levels

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Versatile Commercial Property, High Traffic

1139 Franklin Grove Road, Dixon, IL 61021

$399,000

4,992 sqft · 0.79 AC lot

Adaptable commercial property with office and shop space in Dixon.

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Flexible Automotive Workshop Building

116 W South Street, Franklin Grove, IL 61031

$129,900

0.13 AC lot

Well-maintained small commercial building with overhead garage doors, office, and shop space suited to service and light automotive uses.

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Multi-Use Commercial Building

534 IL Route 2, Dixon, IL 61021

$179,000

3.50 AC lot

Versatile building with office, retail, and restaurant-ready spaces plus strong Route 2 visibility.

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Dixon, IL Multi-Family Property

402 S Ottawa Avenue, Dixon, IL 61021

$171,500

0.15 AC lot

Multi-family property for sale in Dixon, Illinois.

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Mixed-Use Live-Work Property

250 Peru Street, Paw Paw, IL 61353

$230,000

0.43 AC lot

Live-work building with main-floor and basement commercial space plus an upstairs 2-bedroom apartment for flexible use.

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New Dollar General Market Property

305 E Lincoln Hwy, Franklin Grove, IL 61031

$1,909,896

10,640 sqft

New construction Dollar General Market with long-term lease.

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Dixon, IL Retail Investment Opportunity

520 W 3rd St, Dixon, IL

$1,090,909

10,000 sqft · 0.25 AC lot

Well-located Dollar General with long-term lease and strong local fundamentals.

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Casey's Ground Lease Opportunity

1751 S Galena Ave, Dixon, IL

$2,420,968

4,200 sqft · 15.26 AC lot

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

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Dixon Walgreens NNN Lease Property

1275 N Galena Ave, Dixon, IL 61021

Contact for pricing

Long-term NNN lease with rare 5% rent increases every 5-years.

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Based on your search, we've compiled 16 Potential Opportunities for your consideration. Besides 11 Active listings in Lee County, IL, we suggest exploring several alternatives: similar 1 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

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

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

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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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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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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Off-Market Properties in Lee County, IL

Consider similar Off-Market properties in Lee County, 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.

Restaurants

441 Il-2, Dixon, IL 61021

Value Estimation by Request

16,800 sqft · 2.00 AC lot

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