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111 Whitney Street Franklin Grove, IL $ 195,000
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$ 195,000 Get more info
111 Whitney Street
$ 195,000
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111 Whitney Street

Franklin Grove, IL, 61031
$ 195,000
Bedrooms-- Baths-- Sq 15,372

Monthly Estimate*

$ 1,201

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Commercial Property for sale in Franklin Grove, IL

for $195,000. This 15,372 square foot building was built on a lot size of 0.460767.

Great investment opportunity in the heart of a small town! This unique commercial property is currently setup to provide 36 indoor storage rental units, several of which are heated and dehumidified. The building also includes 3 separate business spaces, 2 are currently rented - one to the Township and another is operating as a beauty shop (main equipment included in sale). With 15,372 total sq. feet, this property has excellent potential for additional business use or personal storage. Storage unit sizes include: 8x10, 9x21 & 12x20. The building is equipped with 4 forced-air furnaces plus 2 wall heating units serving the storage units. All rental income details will be provided to qualified buyers with serious inquiries.

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Commercial Contingent

Price

$ 195,000

Property Type

Commercial

Taxes

$ 3,719

Style

Barber/Beauty

Lot Size

0.460767

Town/City

Franklin Grove

County/Region

Lee

MLS | Web ID

12564869
Features
General
Cooling Partial
Possession Closing
Zoning COMMR
Stories Count 1
Tax Year 2024
Business Type Barber/Beauty Other
County Lee
Operating Expense 0
Property Type Business Opportunity Bus / Bus w/Real Est
Contingency Attorney/Inspection
Status Contingent
Directions Route 38 into Franklin Grove IL. Turn South on Elm St. Cross the railroad tracks and turn left on Whitney St. Property is on the left.
City Franklin Grove
MLS Area Franklin Grove
Lot Size Square Feet 20071
Tax Annual Amount 3719.16
Additional Parcels Y/N N
Standard Status Active Under Contract
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Exterior
Building Area Total 15372
Lot Dimensions 234x83x265x84
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* Excluded Features
List By
Lori Patterson Real Estate

Broker

loripatterson22@gmail.com

Email

Affordability Calculator

$1,511
Per Month
79%
21%
0%
Monthly Principal & Interest
$1,201
Monthly Property Taxes
$310
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
565567 Elementary School
567955 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
2/12/2026$195,000 Listed Price

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111 Whitney Street, Franklin Grove, IL, 61031 is a Commercial Property for sale at $195,000 with 15,372 sqft and a lot size of 0.460767. The property's zip code is 61031 which is in Franklin Grove, IL

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