Retail

Gilman, IL Retail Space for Sale

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Onarga, IL Ashkum, IL Crescent City, IL Clifton, IL Watseka, IL Milford, IL Chebanse, IL Cullom, IL
Retail Building with Gaming Cafe
Updated: Apr 9
Retail Building with Gaming Cafe

126 S Main Street, Gilman, IL 60938

$139,900
Extensively renovated retail building operating a gaming cafe plus an antique mall with 13 vendors.
Antique mall booth income of approx. $15,330 annually, plus approx. $6,000 in retail percentage fees.
Gaming cafe provides steady income and can be expanded by adding menu options for additional revenue.
Recent improvements include new signage on both sides of the building.
2018 renovations include newer HVAC (main level), partial roof replacement, new insulation (some spray foam), and new steel siding.
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Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 1 Active listings in Gilman, 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.

Mixed-Use Corner Retail and Rentals
Mixed-Use Corner Retail and Rentals

397 W Station Street, Kankakee, IL 60901

$199,900
5,382 sqft

Main floor includes three separate retail units with private entrances, while two second-floor residential rentals each have outside access.

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Retail/Service Building with Office Space
Retail/Service Building with Office Space

151 S Railroad Avenue, Paxton, IL 60957

$122,900
1,421 sqft

Retail/service building with office space and shop bays.

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Shopping Center with Value-Add Lease-Up
Shopping Center with Value-Add Lease-Up

1280 Kennedy Dr, Kankakee, IL 60901

Contact for pricing
133,157 sqft 15.14 AC lot

Fee-simple sale of a 133,157 SF retail shopping center on 15.14 acres, currently 66.7% occupied.

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Downtown Mixed-Use Retail Building
Downtown Mixed-Use Retail Building

114 South Market Street, Paxton, IL 60957

Contact for pricing

First-floor retail meat store and three second-floor apartments create a versatile downtown mixed-use layout.

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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.

PUD-Zoned Commercial Land with Frontage
PUD-Zoned Commercial Land with Frontage

3229 State Road 207, Elkton, FL 32033

$1,599,000
2.07 AC lot

2.07-acre PUD-zoned parcel on State Hwy 207 with 360 feet of frontage and an on-site renovated 2012 home.

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Gilman, IL Retail Space Market Trends and Statistics

Explore 1 retail space for sale in Gilman, 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 $139,900.

Sale prices for retail space in Gilman, IL start at $139,900, averaging $139,900, and reaching up to $139,900 — 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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Demographics Overview

Population 1,973
Population Growth (5Y) +0.7%
Median Household Income $66,979
College Educated 26.1%

Taxes & Financing

Tax Rate (average for all types) 7.88%
Tax Rate vs County Average 1.00 pp below county avg
Average Loan-to-Value 65.0%

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