Retail

Monmouth, IL Retail Properties & Spaces for Sale

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Alexis, IL Roseville, IL Galesburg, IL Carbondale, IL Abingdon, IL Oquawka, IL Gladstone, IL Viola, IL
Auto Shop Building with Overhead Doors
Updated: Jun 8
Auto Shop Building with Overhead Doors

705 S 5th Street, Monmouth, IL 61462

$69,900
2,976 sqft
2,976 SF combined shop space for shop, garage, or hobby use
Overhead door access: two 12' doors, one 10' door, two 8' doors, one 7' door
Sold as is with no repairs due to recent storm damage
Two parcels convey: 09‑230‑031‑00 and 09‑230‑032‑00
Metal and asphalt roof
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Retail Storefront with Patio
Updated: Aug 3, 2023
Retail Storefront with Patio

420 N Main Street, Monmouth, IL 61462

$398,500
0.40 AC lot
3,648 SF interior space currently used as an upscale furniture store
Large outside patio area used for seasonal product marketing
0.4015‑acre lot with spacious on‑site parking lot
Metal roof with wood siding and brick exterior construction
Natural gas forced air heating and carpet flooring
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Downtown Retail and Apartment Buildings
Downtown Retail and Apartment Buildings

59-61 Public Square, Monmouth, IL 61462

Contact for pricing

Two downtown buildings offer retail space on the ground floor and one apartment in each building upstairs.

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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 3 Active listings in Monmouth, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 3 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.

Flex Building with Vehicle Doors
Flex Building with Vehicle Doors

2216 S Henderson Street, Galesburg, IL 61401

$450,000
8,100 sqft 4.14 AC lot

Two-building flex property with office areas, lofted storage, and concrete flooring designed for heavy vehicles.

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Brick Mixed-Use Building
Brick Mixed-Use Building

301 Schuyler Street, Oquawka, IL 61469

Contact for pricing

Two-level property combines commercial space with a second-floor apartment and front and rear apartment entrances.

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Retail Building on Main Road
Retail Building on Main Road

1055 N HENDERSON Street, Galesburg, IL 61401

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4,000 sqft

Commercial building with high visibility and ample parking.

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Mechanic Shop with Two-Post Lift
Mechanic Shop with Two-Post Lift

1011 FRONTAGE Road, Oquawka, IL 61469

$59,000
0.26 AC lot

Automotive mechanic shop with heated shop space, front office with bathroom, and a 10,000 lb two-post lift.

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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/Residential Development Opportunity
Commercial/Residential Development Opportunity

0 E Carl Sandburg Drive, Galesburg, IL 61401

$550,000

Prime land for commercial or residential development in Galesburg, IL.

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Commercial Land Development Opportunity
Commercial Land Development Opportunity

333 Curran Street, Burlington, IA 52601

Contact for pricing
0.26 AC lot

Prime commercial land for development with high visibility and traffic.

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West Burlington Development Land Available
West Burlington Development Land Available

Autumn Lane Lot : J, West Burlington, IA 52655

$59,900
1.31 AC lot

1.31 +/- acres outlot near Westland Mall for development.

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Monmouth, IL Retail Properties & Spaces Market Trends and Statistics

Explore 3 retail properties & spaces for sale in Monmouth, IL, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 2,976 square feet of properties for sale, with an estimated market value of $468,400.

Sale prices for stores in Monmouth, IL start at $69,900, averaging $234,200, and reaching up to $398,500 — 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

Storefront properties 2
Auto shops 1
Automotive properties 1

Demographics Overview

Population 11K
Population Growth (5Y) -7.7%
Median Household Income $62,190
College Educated 28.8%

High-Yield Neighborhoods for Investment

Identify Monmouth submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
61462 $233.3K

Taxes & Financing

Tax Rate (average for all types) 7.56%
Tax Rate vs County Average 0.10 pp below county avg
Average Loan-to-Value 65.0%

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