Retail

Shelbyville, IL Retail Properties & Spaces for Sale

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Downtown Shelbyville Commercial Building
Updated: Sep 25, 2025
Downtown Shelbyville Commercial Building

200 N Morgan Street Shelbyville IL 62565, Shelbyville, IL 62565

$799,000
7,768 sqft
Almost 8000 square feet of flexible space suitable for various uses.
Prime downtown location on the corner of N. Morgan and N. 1st Streets, near the Courthouse and other businesses.
Completely remodeled in 2012 with a large addition.**
Includes 13‑15 offices, 2 conference rooms, lounge with kitchenette, and exercise room with shower.
Features two vaults, offering secure storage.
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Convenience Store Near Coon Creek Campground
Updated: Sep 25, 2025
Convenience Store Near Coon Creek Campground

1643 County Highway 42, Shelbyville, IL 62565

$199,900
1,992 sqft
Turn‑key convenience store and bait shop business opportunity.
Located at the entrance of a large US Army Corp of Engineers campground (Coon Creek).
Sits on over 3 acres of land.
Includes a full commercial kitchen with pizza and wings.**
Offers diverse revenue streams: bait, tackle, food, drinks, alcohol, apparel, ice, water, firewood, propane, boat/camper storage.
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Three-Level Mixed-Use Building
Three-Level Mixed-Use Building

105 E Main St, Shelbyville, IL 62565

$249,900

Configured with retail, entertainment, lower-level commercial space, and an attached barbershop.

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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 8 Potential Opportunities for your consideration. Besides 3 Active listings in Shelbyville, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 1 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.

Corner Automotive Sales Building
Corner Automotive Sales Building

200 E 1st St, Pana, IL 62557

$105,000
1,110 sqft

Corner lot building on a busy commercial corridor, currently operated as an auto sales property.

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Self-Service Laundry Retail Space
Self-Service Laundry Retail Space

3201 Marshall Ave, Mattoon, IL 61938

Contact for pricing
1,500 sqft

Freestanding retail property with existing laundry infrastructure and a fully unattended operating model.

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Car Repair Shop with Office
Car Repair Shop with Office

719 Jackson St, Pana, IL 62557

$224,900
4,200 sqft

Automotive repair shop includes three bays and an office within a 35-by-120 building.

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New Dollar General Plus Store
New Dollar General Plus Store

1717 Lake Land Blvd, Mattoon, IL 61938

Contact for pricing
10,566 sqft

New 10,566 SF Dollar General Plus store in Illinois.

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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 Corner Lot in Taylorville
Commercial Corner Lot in Taylorville

E Bidwell Street, Taylorville, IL 62568

$150,000
0.60 AC lot

Commercial corner lot in Grand Plaza, Taylorville, Illinois.

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Shelbyville, IL Retail Properties & Spaces Market Trends and Statistics

Explore 3 retail properties & spaces for sale in Shelbyville, IL, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 9,760 square feet of properties for sale, with an estimated market value of $1,248,800.

Sale prices for stores in Shelbyville, IL start at $199,900, averaging $416,266, and reaching up to $799,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Storefront properties 2
Banks 1
Grocery and convenience stores 1

Demographics Overview

Population 7,422
Population Growth (5Y) +5.7%
Median Household Income $61,722
College Educated 26.8%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
62565 $499.5K

Taxes & Financing

Tax Rate (average for all types) 8.04%
Property Tax per SF $86.06 per SF
Average Loan-to-Value 65.0%

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