116 W South Street Franklin Grove, IL ^$ 134,900

116 W South Street

^$ 134,900

Back to search

Recently Listed

116 W South Street

Franklin Grove, IL, 61031

^$ 134,900

Bedrooms-- Baths-- Sq 2,400

Monthly Estimate*

^$ 831

116 W South Street, Franklin Grove, IL 61031 - Image 1

116 W South Street, Franklin Grove, IL 61031 - Image 2

116 W South Street, Franklin Grove, IL 61031 - Image 3

116 W South Street, Franklin Grove, IL 61031 - Image 4

116 W South Street, Franklin Grove, IL 61031 - Image 5

116 W South Street, Franklin Grove, IL 61031 - Image 6

116 W South Street, Franklin Grove, IL 61031 - Image 7

116 W South Street, Franklin Grove, IL 61031 - Image 8

116 W South Street, Franklin Grove, IL 61031 - Image 9

116 W South Street, Franklin Grove, IL 61031 - Image 10

116 W South Street, Franklin Grove, IL 61031 - Image 11

Commercial Property for sale in Franklin Grove, IL

for $134,900. This 2,400 square foot building was built in 1955 on a lot size of 0.125.

Well-maintained 2,400 SF commercial building in the heart of Franklin Grove offering excellent flexibility for a variety of business uses. Features include two overhead garage doors, shop/workspace area, reception area, private office, and private bathroom. Recent improvements include new siding, electrical, plumbing, heating updates, mini-split A/C, and backup generator. Ideal for detailing, contractor operations, service business use, light automotive, storage, and more. Rare small-town commercial opportunity with major updates already completed.

Commercial Active

Price

^$ 134,900

Property Type

Commercial

Taxes

^$ 3,001

Style

Automotive

Lot Size

0.125

Year Built

1955

Town/City

Franklin Grove

County/Region

Lee

MLS | Web ID

12652484

Features

General

Cooling Central Air

Year Built 1955

Electric Circuit Breakers Service - 101 to 200 Amps

Stories Count 1

Township Franklin Grove

Tax Year 2025

Current Use Automotive

Gross Income 0

County Lee

Insurance Expense 0

Property Type Commercial Sale Mixed Use

Status New

Directions From IL Rt 38 turn S on N Elm St then W on W South Street

City Franklin Grove

Number Of Units Total 1

MLS Area Franklin Grove

Lot Size Square Feet 5445

Tax Annual Amount 3001.34

Electric Expense 0

Fuel Expense 0

Trash Expense 0

Water Sewer Expense 0

Additional Parcels Y/N N

Standard Status Active

Exterior

Building Area Total 2400

Lot Dimensions 55x99

* Excluded Features

List By

Crawford Realty, Llc

Broker

tylerstaceym@gmail.com

Affordability Calculator

$1,081

Per Month

Monthly Principal & Interest: $831
Monthly Property Taxes: $250
Monthly Home Insurance: --

Set your offer price

Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly 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.

Learn more about how to save

Discover how much house you can afford

Your dream home may be within reach.

Learn More about how to save

THE TIME TO SELL IS NOW! What's my home worth?

Nearby

Trends
Schools

Commerical listings in Franklin Grove, IL

Average List Price ^$1,300,000

Percent of Sale Price 864%

About Franklin Grove, IL

985 Population

-6% Since 2002

^$57,667 Median Income

41.11 Median Age

30% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

565567 Elementary School

567955 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
5/20/2026	$134,900		Listed Price

Map

More homes like this one

homes for you

See all

116 W South Street, Franklin Grove, IL, 61031 is a Commercial Property for sale at $134,900 with 2,400 sqft and a lot size of 0.125. 116 W South Street was built in 1955. The property's zip code is 61031 which is in Franklin Grove, IL

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: 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.

The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than Weichert Realtors are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

http://www.mredllc.com/comms/resources/DMCA_Notice.pdf

Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Data is updated as of 5/20/2026.

*Full Name

*Email

*Phone

I am interested in financing options

Get more info

By submitting the form, you agree that Weichert^® may contact you via phone or text about your inquiry, which may involve the use of automated means. You are not required to consent as a condition of purchasing any property, goods or services. For any other information please read our privacy policy.

Get more info

Looking for an Associate?

Already Working with an Associate?

116 W South Street

Commercial Property for sale in Franklin Grove, IL

Affordability Calculator

Map

More homes like this one

Get more info about this home