Groveland, IL Retail space for sale

$569,000

Remodeled Mixed-Use Building in Groveland

19478 Springfield Rd, Groveland, IL 61535

Fully occupied mixed-use property with long-term tenants and leases.

High yearly gross rental income of $67,560.
Recent upgrades including paint, flooring, carpet, lighting, furnaces, AC units and water heater.
5 unit multifamily & commercial space building.
Long term tenants.
Low overhead property.

Updated: Feb 9

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$569,000

0.44 Acres

Remodeled Mixed-Use Building in Groveland

19478 Springfield Rd, Groveland, IL 61535

Fully occupied mixed-use building with long-term tenants and leases.

Strong 9.07% Cap Rate
In‑Place Net Operating Income (NOI) of $51,216
Fully Occupied with Long‑Term Tenants and Leases
Newly Remodeled Mixed‑Use Building
Turn‑Key Property with Minimal Landlord Responsibilities

Updated: Feb 5

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Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 Active listings in Groveland, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities

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3,500 SF

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$69,000

0.16 Acres

Versatile Commercial Property in Pekin

Corner lot commercial property suitable for various business ventures.

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Downtown Commercial Building For Sale

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Downtown Peoria Commercial Building

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Groveland, IL Retail Space Investment Opportunities Market Analysis

Explore 2 retail space for sale in Groveland, IL on our real estate platform. These investment opportunities span a total of 19,166 square feet of properties for sale, with an estimated market value of $569,000.

Sale prices for retail space in Groveland, IL start at $569,000, averaging $569,000, and reaching up to $569,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

Groveland, IL Retail Space for Sale

Remodeled Mixed-Use Building in Groveland

Fully occupied mixed-use property with long-term tenants and leases.

Remodeled Mixed-Use Building in Groveland

Fully occupied mixed-use building with long-term tenants and leases.