The median home value in Franklin Grove, IL is $1,175,000.
This is
higher than
the county median home value of $120,000.
The national median home value is $308,980.
The average price of homes sold in Franklin Grove, IL is $1,175,000.
Approximately 65% of Franklin Grove homes are owned,
compared to 27% rented, while
7% are vacant.
Franklin Grove real estate listings include condos, townhomes, and single family homes for sale.
Commercial properties are also available.
If you like to see a property, contact Franklin Grove real estate agent to arrange a tour today!
Learn more about Franklin Grove.
We were unable to find listings in Franklin Grove, IL
New Listing in Ashton! This commercial building offers loads of opportunities! This building was originally the town theater converted to the Lions's Hall and event center. Nice large open entry to this historical building that has a full kitchen, 2 half baths, large dining hall, tons of storage around the entire building, the upper level hosts 3 offices and the old theater room. New roof and well maintained mechanicals! Located in the downtown of Ashton. Call for details and your private showing!
Ralphie and Lulu's Bar & Restaurant is being offered for sale! Here is your chance to own a piece of property in downtown Ashton with a well-established bar and grill. Locals love Ralphie and Lulu's along with other regulars that travel from afar. Known for the great atmosphere and delicious food, this business is being sold completely turnkey! The sale includes the real estate along with all equipment. The building has ample storage, a large kitchen, and an apartment upstairs. If you have always dreamed of owning a bar, do not miss your chance to call this successful bar and grill yours!
Building was a local grocery store in the past with main section removed leaving 3,570 of space for development. It has many possible uses today. Would make a storage facility or other like or similar uses. Seller is motivated- make an offer!
Turn key opportunity! Previously Bad Azz Pizza & Grill. Just off of Interstate 88 Dixon exit next to the new Wal-Mart Super Center. 3,700 Sq. Ft. Building with parking area. Business equipment includes- booths, tables, chairs, light fixtures, bar with 12 tap system, and 2 walk-in coolers. Separate gaming-slot machine area. Full kitchen- contact listing agent for complete list of equipment.
One of a kind Downtown Dixon Store Front Opportunity With Amazing Main Floor Space in addition to a 3 bedroom apartment with high ceilings, big rooms, multiple bathrooms and the possibility to have exposed brick walls. Also including fantastic garage space, see below. The current owner is NOT closing but focusing his business on referrals, custom installs and relocating to a smaller space. Over the past years this owner has maintained & renovated the building from top to bottom. The main storefront is spacious & open with high ceilings, amazing natural light and ample open room to create any business you dream of. The main level offers break room, office, bathroom, storage room and would be easy to modify to your own specifications. This fantastic property offers plenty of garage space (over 1400 sq ft) along with a rare full dry basement adding another 2300 sq ft of storage space. The (22x31) shop, 2 car(30x24) garage & a full useable dry basement perfect for ample storage & onsite additional office. The rented apartment offers an overhead view of Downtown Dixon, high ceilings and large rooms. Possibility of alley patio area being utilized as that hidden spot for any business. If you are looking to be part of a FANTASTIC Downtown in a One of a Kind Downtown Dixon Store Front Opportunity
Downtown Dixon building with great visibility! Previously broken into four units on main floor building currently has pizza restaurant occupying two units, separate banquet room that is consistently rented for business and personal events. Fourth space has a current use of office space. Second level has two apartments that are currently being rented for $600 a month including utilities. This building has a ton of space with 17,100 square feet and additional 2200 square foot attached garage. This is a great opportunity to purchase a great building in downtown Dixon! Additional financial information available upon request. *Business needs to be sold prior to building sale*
**** NEW PRICE**** Fantastic Opportunity for a small business with high traffic count, great visibility, signage in place and endless possibilties. High traffic location that is across the street from Dixon High School, corner lot and no wasted space. The garage doors are 12 feet tall and 9 & 10 feet in width. If you're thinking outside of the box this could be the perfect location for a walk-up restaurant, small salon, small office or so much more....with endless potential, traffic count and amazing location. Russ has operated a successful service station business out of this location for years and the building is ready for a new owner. The location is environmentally ready as the EPA certified the tanks being removed in 2007 and all records are on file with the State of Illinois. If interested in using as a service station there is a list of items that could be negotiated (if not -all items will be removed).
Now available for purchase! Former fast food restaurant in a high traffic location with a signalized corner. This building features approx. 3223 square feet, 2 drive up windows, large parking lot and is ready for your new business. This property is located across the street from Walgreens, Dairy Queen and a large gas station/convenience store. All offers will be presented to the ownership group for consideration.
Route 52 Self-Storage is located just south of Amboy, IL on US Hwy 52. The property has 2.96 acres. The facility currently consists of two buildings, (1) 40' x 140' and (1) 40' x 180'. There are currently 68 units in total with 12,800 rentable square feet. The facility was constructed in 2022. This is a non-climate controlled facility. Drive up friendly. No high docks. No fence but the facility utilizes security cameras and 37-new solar lights. The facility sits on 2.96 acres and the current owner estimates that there is enough land to build an additional 18,000 square feet of storage! The facility was completed in 2023 and is already over 66% occupied (far exceeding the national lease-up average of 3.5%/month). At this current rate the facility might be ready to begin construction on the next storage building in late 2024 or early 2025! Rates are still based on initial pricing to attract new tenants. With the exception of the 10'x10' units all of the units are under $.50/sq ft. Opportunity to increase marketing with Google, Facebook, and other online storage sites. Although Amboy is a smaller farming community it has additional sources of renters close by. This facility is approximately three miles away from Woodhaven Lakes RV Park in Sublette, IL. Woodhaven is one of the largest RV parks in the country with over 6,000 sites! Woodhaven serves as a weekend or summer home for thousands of Chicagoland residents. This facility is in a terrific location to capitalize on these commuting campers!
Great downtown Oregon location for this retail/office building. This 1 level property has 1800+ sq ft currently used as a retail store. It has 3 separate entrances, 2 bathrooms (1 ADA compliant), 2 "retail shop" rooms with original hardwood 24.1x21.2 and 16.6 x12.6, 1 large room used as a classroom 21.2x13.3, office 12x8.3, another large room 17.1x13.3, 2nd office 12x8.3 and attic area with lots of potential is partially finished for use 17.7x13.3 & 14.4x13.7. Five mini-split electric heat & air units. New roof 2023, front sign posts are grandfathered in (actual sign will be removed), located in TIF district, pergola over patio, electrical redone in 2021, 3 newer windows, newer homemade main door, custom built beams on ceiling, barn doors on storage closet. Zoned commercial. Move your business right in!
This formerly was a state-of-the-art Seed Research center, with 2 large greenhouses that have updated automatic shutters and heaters for year-round growing. The office complex features 12 offices and 3 labs on the first floor, and in the lower level there are offices, large storage areas, seed vaults (With filtration and cooling), furnace room and more. Fire protection is with City water fire suppression sprinkler system (Updated). All electric has been updated. This property also includes a 45ft x 30ft cold storage pole barn. The building is all brick and has been impeccably maintained. Internet hookups, security system and newer furnaces in the office portion. The property includes 2 Greenhouses approx. 1600 sq ft each, complete with heat and water. Attached to the greenhouse is a 1600 sq ft climate-controlled room. This property lends itself to many possibilities. Take a look today at your next venture..
Commercial building with many possibilities. Office spaces with heat and A/C. One used as reception area, others as private offices. 2 half baths. 40 x 54 heated shop with 5 dock doors featuring heavy duty Commercial doors with a semi approach. Possible 12 inside parking spaces. Has added overhead storage. Inside 90% new paint. Small encroachment on railroad 903.00 goes up 3% per year. Extra 124 x 82 fenced-in lot with plenty of room for parking or other oppuntunties. A great place to start or expand your business.Used for a warehouse and business for many years. Located close to interstate roads. Call for a private showing.
Located on 1/2 acre. Built in 1995 by Phalen Steel, this block & brick building has 1,620 sq. ft. that includes two drive-thru bays, 3 phase power, and RMU utilities. 21 car per day average with $70 per ticket average. Business and real estate included. All financials available upon signing of nondisclosure agreement.
Industrial property conveniently located on Wiscold Drive. This area has an 80,000 pound industrial road, all city utilities, and convenient access to I-88 and I-39. Owner occupied.
Income producing medical office building with tenant in place! Located in rapidly growing retail/business area minutes from IL 38/39 exchange. Current tenant would like to continue with 2-3 year lease with option to extend. Updated Shared breakroom, private and public bathrooms. Large exam rooms each with sink/counterspace, office rooms. Great investment opportunity!
All Brick Office Building for sale with 4050 sqft and a new, 35 year ROOF and gutters (installed Summer 2023). Located just one building north of Highway 38 through Rochelle, IL with great access and visibility. Also located just 1 mile west of Interstate 39. The building has 3 units and a common vestibule area with 2 bathrooms. Current tenant in the building includes a physical rehab clinic. Their are two units for lease. One is 1416 sqft and formerly a State Farm unit and the other is 1822 sqft which was formerly a dental office.
Nestled in the heart of Rochelle, IL, at 205 Powers Rd, this cherished family-owned motel presents a unique investment opportunity. For over four decades, this property has been a staple of hospitality, offering both short-term accommodations and long-term tenancies. Situated on a generous .89-acre lot, it features an expansive parking area and a serene, grassy space behind the building, ideal for guest relaxation or potential expansion. The motel spans 3,684 square feet, with a total of 11 units divided into 5 single rooms, 5 double rooms, and a spacious 2-bedroom apartment, complete with a bathroom, living room, and kitchen. This apartment offers a perfect living solution for an onsite owner or manager, blending business with comfort. The facility also includes a small office area to facilitate smooth operations. Financially, this property has consistently demonstrated solid performance, with normal annual income ranging from $60,000 to $70,000. This is supported by a blend of short-term room rates-$50 per night for a single room and $60 for a double, with weekly rates of $300 and $350 respectively-and monthly rentals to long-term tenants. These tenants, five in total, contribute significantly to the motel's stability and income, with annual rent from regular tenants alone amounting to $53,160, before even considering motel rentals. The property's expenses are well managed, with total costs in 2023 (including property taxes) amounting to $21,921.81, leading to an average annual profit between $40,000 and $50,000 for the owners. It boasts a new roof installed 12 years ago and well-maintained mechanical systems, ensuring that the next owners will inherit a property in good working order. Located at 205 Powers Rd, Rochelle, IL 61068, this motel not only offers a solid financial foundation but also potential for growth. Whether maintaining its current operation, enhancing its promotion and advertising, or converting it into studio/efficiency apartments, the possibilities are vast. This opportunity is particularly appealing for those looking to step into a well-established business with room for innovation and expansion. The current owner, seeking retirement after years of dedication, has managed the property with minimal onsite presence, highlighting a significant opportunity for improvement and increased profitability for hands-on management. This is an excellent chance for someone ready to take this longstanding establishment to new heights, building on its legacy and exploring new avenues for success. In summary, 205 Powers Rd offers a blend of tradition, potential, and financial stability, making it an attractive proposition for anyone looking to invest in the hospitality industry or explore the realm of property management and development.
Located on 1.43 acres. This 7,200 sq. ft. steel building has fully insulated walls & ceiling. There are six overhead doors with openers, two drive thru bays, three workstations, mezzanine storage, waiting room, and breakroom and bathroom off of shop. The showroom has 2 private offices & 2 bathrooms.
Masonry church building, very well maintained, with 22,780 square feet more or less available for purchase. 3 level building with the main level at street grade at the front, the lower level at street grade to the rear. Full kitchen in the lower level plus a large room 40 by 74 with additional stage area. Bathrooms on each level. Functional building with large spaces including an 84 x 40 sanctuary and typical classroom and office size spaces. Metal roof and modernized, zoned hot water heating system. Multiple stairways between levels. The building's layout will accommodate multiple uses and users.
CEDARSTONE BUILDING IS BEING OFFERED FOR SALE! Opportunity knocks and those opportunities are endless with this property featuring a large banquet hall and commercial kitchen. This property once operated as a bar and reception hall with parking on site for 50+ vehicles and seating for nearly 300. There is a full service banquet area with vaulted ceilings along with a separate area with seating for nearly 40. This space can also be opened up to make one large banquet space. Kitchen equipment and fixtures are all included. Basement has 12 foot ceilings and offers great storage space. Bring your ideas and call for a showing today! Sold As Is.
Great opportunity to invest in your future! Only commercial business like it around Polo. The building was completely remodeled in 2014 with over 400K in improvements including spray foam insulation & a pitched roof. Also, has new phase 3 electric & plumbing. Car wash had new concrete and insulated walls. Conduit is already run for the 3rd car wash bay. It has on demand hot water and new geothermal to heat the floor. The laundry mat has 21 newer Dexter front load washers and 11 newer dryers. A bathroom, camera system, electronic locks, 2 change machines and a soap vending machine. It's very clean and quiet. Convenient location between Casey's and the heart of Downtown Polo on the main drag. Upgrades are done! Who's ready to make some money?
RARE OPPORUNITY, 6.55 ACRES WITH DEVELOPMENT OPPORUNITY ADJACENT TO THE ROCHELLE WAL-MART! Discover the endless potential for growth and development in Rochelle, IL by purchasing this investment property. This site offers several access points and is located in a thriving retail and mixed use development area. Utilities are located nearby and it is zoned for commercial development. Easy access and high visibility. Call for more information today.
Calling Investors!!! Great investment opportunity with two means of income - Successful existing restaurant with a 3 year lease plus a 5 unit apartment building (long term renters) - great cash flow. Restaurant has been remodeled & kitchen updated. Apartments have 2 bedroom & laundry in each. Lots of paved parking for both the restaurant and apartments. Great central location on the state highway and in the busy business area with a traffic count of 10,600 daily. (business not included - only building and apartments) Outdoor covered patio not included in the sale.
This completely remodeled commercial building is a must see and offers approximately 1100 square feet of finished office area in the front of the building as well as a remodeled ADA compliant bathroom, and approximately 2400 square feet of heated and insulated shop area in the back of the building! The building features an attractive brick exterior, large, newer windows and entry door in front, newer furnace and A/C for the office area as well as newer flooring and paint in the office/showroom area. The shop area in the rear of the building is in immaculate condition and offers a second ADA compliant bathroom, a 10' x 14' insulated garage door, insulated walls and ceiling, concrete floor, newer heating unit, 3 Phase power and much more! This property also includes a second 34' x 100' lot west of the building for off street parking. The front and rear of this building have separate gas and electric meters so each unit could be leased separately and the tenants could pay their own gas and electric bills. One water meter. ALL of the personal property located in the shop including the two post lift, air compressor, air lines mounted to the wall, work benches etc. will all be removed by the seller prior to close. PIN for the second lot is 11-22-336-006. This is a turn key building with a high traffic count plus the advantage of off street parking next to the building! Don't miss this opportunity!