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    Franklin Grove, IL
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    Franklin Grove, IL Specialty Properties for Sale

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    Dixon, IL Amboy, IL Oregon, IL
    Renovated Estate with Limitless Potential
    $1,300,000
    15,500 SF

    Renovated Estate with Limitless Potential

    409 N State Street, Franklin Grove, IL 61031

    A multi-building estate with a renovated residence and custom homes.

    • Multi‑building estate: 1913 renovated main house plus two additional custom‑built homes.
    • Main house: 10,000+ sq ft, 6 bedrooms, meticulously renovated with historic character and modern amenities.
    • Carriage house: 2,300 sq ft, full kitchen, king suite with spa bath, private deck, and 5‑car heated garage.
    • Cottage: 3,200 sq ft, vaulted ceilings, open‑design kitchen, full‑length decks, and garden‑style lower level.
    • Unique features: Stone cellar with sauna, garden pagoda, water garden with koi pond, yoga lawn, and fruit trees.
    Updated: Mar 10
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    New Dollar General Market Property
    $1,909,896
    10,640 SF

    New Dollar General Market Property

    305 E Lincoln Hwy, Franklin Grove, IL 61031

    New construction Dollar General Market with long-term lease.

    • Absolute NNN Lease: Enjoy a completely passive investment.
    • Investment Grade Tenant: Leased to a creditworthy tenant with an S&P rating of BBB.
    • Secure 15‑year lease with 5% rental escalations.
    • New Construction: Offers a modern, attractive property.
    • Dollar General Market Prototype: A larger, highly desired store format.
    Updated: May 21
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    Corner Lot in Franklin Grove
    $1,300,000

    Corner Lot in Franklin Grove

    Corner lot at Route 38 and State Street.

    409 N State Street, Franklin Grove, IL 61031
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    Franklin Grove Commercial Property
    $134,900

    Franklin Grove Commercial Property

    Commercial property for sale in Franklin Grove, Illinois.

    116 W South Street, Franklin Grove, IL 61031
    View details
    Based on your search, we've compiled 12 Potential Opportunities for your consideration. Besides 4 Active listings in Franklin Grove, 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.

    Versatile Commercial Building on Route 40
    $164,900
    2,400 SF

    Versatile Commercial Building on Route 40

    2,400 SF building on 1 acre in Rock Falls.

    9843 Hoover Road, Rock Falls, IL 61071
    View details
    Land For Sale Dixon, IL
    Contact for pricing

    Land For Sale Dixon, IL

    Land available for purchase in Dixon, Illinois.

    Great Oaks Way lot: 41, Dixon, IL 61021
    View details
    Casey's Ground Lease Opportunity
    $2,420,968
    4,200 SF

    Casey's Ground Lease Opportunity

    4,200 SF NNN ground lease in Dixon, IL.

    1751 S Galena Ave, Dixon, IL
    View details
    Rock Falls Commercial Property
    $148,000

    Rock Falls Commercial Property

    Commercial property for sale in Rock Falls, Illinois.

    603 W Rock Falls Road, Rock Falls, IL 61071
    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.

    Brodhead Land Parcel For Sale
    $660,000
    6.16 Acres

    Brodhead Land Parcel For Sale

    6.16 acre parcel in Brodhead, WI with development potential.

    6 Acres 25th Street, Brodhead, WI 53520
    View details
    Prime Corner Lot in Carpentersville
    $550,000
    2.41 Acres

    Prime Corner Lot in Carpentersville

    2.41 acre corner lot near Randall Road corridor.

    Huntley Road lot: 009, Carpentersville, IL 60110
    View details
    Commercial Lot on Eola Road
    $475,000
    1.06 Acres

    Commercial Lot on Eola Road

    Commercial lot with frontage on Eola Road in Aurora, IL.

    2234 S Eola Road, Aurora, IL 60503
    View details
    Improved Commercial Corner Lot For Sale
    $439,000
    1.38 Acres

    Improved Commercial Corner Lot For Sale

    1.39 acre commercial lot suitable for retail and commercial applications.

    2495 Hafenrichter Road lot: 2, Aurora, IL 60503
    View details

    Franklin Grove, IL Specialty Properties Investment Opportunities Market Analysis

    Explore 4 specialty properties for sale in Franklin Grove, IL, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 26,140 square feet of properties for sale, with an estimated market value of $3,209,896.

    Sale prices for properties in Franklin Grove, IL start at $1,300,000, averaging $1,604,948, and reaching up to $1,909,896 — 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

    NNN properties 1
    Wedding venues 1

    Demographics Overview

    Population 1,615
    Population Growth (5Y) +4.8%
    Median Household Income $74,050
    College Educated 31.0%

    High-Yield Neighborhoods for Investment

    Identify Franklin Grove submarkets with the highest inventory density on the market and evaluate the median listing prices of real estate assets

    Neighborhood Average Price
    61031 $1.2M

    Taxes & Financing

    Tax Rate (average for all types) 8.32%
    Tax Rate vs County Average 0.11 pp above county avg
    Average Loan-to-Value 65.0%

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