Tazewell County, IL Retail space for sale

Updated: Dec 7, 2025

Washington, IL Commercial Building

126 Walnut Street, Washington, IL 61571

$189,000

1,184 sqft 0.12 AC lot

Large 5,000 sf lot for outdoor use.
Potential for use in conjunction with adjacent property (120 Walnut Street) as an Event Center.
Located on a corner lot.
One‑story building (1,184 sf).
Central Air Cooling.

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This listing looks promising.

Here's a quick look at some key insights for

126 Walnut Street, Washington, IL 61571

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Est. Cap Rate

5.9%
Above avg (5.9%)
Est. NOI

$11K
Annual
Mortgage

$105K
Nov 2022
Last Sold

Nov 2022
$140K
Property Type

Restaurant
Built 1964

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Updated: May 2, 2025

Remodeled Mixed-Use Building in Groveland

19478 SPRINGFIELD Road, Groveland, IL 61535

$569,000

0.44 AC lot

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

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Remodeled Mixed-Use Building in Groveland

19478 SPRINGFIELD Road, Groveland, IL 61535

$569,000

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

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Retail Shopping Plaza with 28 Suites

2910-2996 Court Street, Pekin, IL 61554

$4,364,000

59,982 sqft 5.45 AC lot

Fee-simple shopping plaza with 28 retail suites on two buildings and strong commuter-corridor frontage.

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Turnkey Pizza and Ice Cream Restaurant

1606 TREMONT Street, Spring Bay, IL 61611

$129,900

Turnkey restaurant building with equipped kitchen, walk-up service windows, and outdoor seating with additional storage.

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Pekin Corner Lot Mixed-Use

910 DERBY Street, Pekin, IL 61554

$199,000

926 sqft

Mixed-use property with B-3 zoning and rental income.

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Open Retail Storefront with Rear Access

505 - 539 S. Parkway Drive, Pekin, IL 61554

Contact for pricing

1,386 sqft

Versatile open retail layout with dedicated restroom and convenient rear access, plus ample on-site parking.

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Retail/Warehouse Building in Washington Corridor

2449 Washington Rd, Washington, IL

$239,900

12,096 sqft 0.73 AC lot

Two-story retail/warehouse with additional A-Frame warehouse and ample parking.

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Based on your search, we've compiled 73 Potential Opportunities for your consideration. Besides 8 Active listings in Tazewell County, IL, we suggest exploring several alternatives: similar 64 Off-Market properties to explore as potential leads, plus 1 Land Listings that present a potential for development.

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

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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Off-Market Properties in Tazewell County, IL

Consider similar Off-Market properties in Tazewell County, IL. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.