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    Shelbyville, IL
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    Shelbyville, IL Retail Properties & Spaces for Sale

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    Findlay, IL Pana, IL Beecher City, IL
    Downtown Shelbyville Commercial Building
    $799,000
    7,768 SF

    Downtown Shelbyville Commercial Building

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

    Remodeled commercial building in downtown Shelbyville with flexible space.

    • 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.
    Updated: Sep 25, 2025
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    Convenience Store Near Coon Creek Campground
    $199,900
    1,992 SF

    Convenience Store Near Coon Creek Campground

    1643 County Highway 42, Shelbyville, IL 62565

    Turn-key convenience store and bait shop near Lake Shelbyville.

    • 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.
    Updated: Sep 25, 2025
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    Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 2 Active listings in Shelbyville, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, 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.

    Decatur Investment Opportunity For Sale
    $389,000
    6.19 Acres

    Decatur Investment Opportunity For Sale

    Decatur, Illinois investment property 100% leased to credit tenants.

    1070 W South Side Dr, Decatur, IL 62521
    View details
    High-Visibility Retail/Office Opportunity
    $99,000
    0.09 Acres

    High-Visibility Retail/Office Opportunity

    Retail or office space in a high-traffic Decatur location.

    375 N 22nd St, Decatur, IL 62521
    View details
    Turnkey Investment Property with Expansion Potential
    $495,000
    0.48 Acres

    Turnkey Investment Property with Expansion Potential

    Leased retail spaces with vacant lot for future development.

    921 Lake Land Blvd, Mattoon, IL 61938
    View details
    New Dollar General Plus Store
    $2,124,439
    10,566 SF

    New Dollar General Plus Store

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

    1717 Lake Land Blvd, Mattoon, IL 61938
    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.

    Commercial Lots in Witt, IL
    Contact for pricing
    0.18 Acres

    Commercial Lots in Witt, IL

    Cleared commercial lots ready for building in Witt, Illinois.

    17 E Broadway Street, Witt, IL 62094
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    Tuscola Land For Sale
    Contact for pricing

    Tuscola Land For Sale

    Corner lot near downtown, suitable for commercial or residential use.

    206 S Washington Street, Tuscola, IL 61953
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    Prime Commercial Land in Riverton
    $1,500,000
    3.34 Acres

    Prime Commercial Land in Riverton

    3.34 acre commercial parcel with high traffic and highway access.

    2676 Overpass Road, Riverton, IL 62561
    View details
    Commercial Land Near Riverton School
    $275,000
    2.60 Acres

    Commercial Land Near Riverton School

    2.6 acres of commercially zoned land near new development.

    1128 E LINCOLN Street, Riverton, IL 62561
    View details

    Shelbyville, IL Retail Properties & Spaces Investment Opportunities Market Analysis

    Explore 2 retail properties & spaces for sale in Shelbyville, IL 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 $998,900.

    Sale prices for stores in Shelbyville, IL start at $199,900, averaging $499,450, 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

    Banks 1
    Grocery and convenience stores 1
    Storefront properties 1

    Demographics Overview

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

    High-Yield Neighborhoods for Strategic Investment

    Identify Shelbyville submarkets with the highest inventory density on the market and evaluate the median 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 sq ft
    Average Loan-to-Value 65.0%

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