Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Take a look at this super well-maintained 2400 sq ft building. It will meet all needs with the nice reception area and private office, 2 huge work spaces and storage areas, 2 overhead doors, and insulated walls. New in the last few years; siding, electrical, plumbing, heat and a/c split system and new generator. With this building, you'll be in business on Day One! See it soon!Take a look at this super well-maintained 2400 sq ft building. It will meet all needs with the nice reception area and private office, 2 huge work spaces and storage areas, 2 overhead doors, and insulated walls. New in the last few years; siding, electrical, plumbing, heat and a/c split system and new generator. With this building, you'll be in business on Day One! See it soon!
  1. Listed by Vickie Gutierrez • Crawford Realty, LLC
    P: (815)-973-4444 C: (815)-973-4444 vickiegutierrez30@gmail.com

Property Details for 116 West South Street

Area
Franklin Grove
Township
Franklin Grove
Air Conditioning Type
Zoned
Zoning
COMMR
LISTING UPDATED: 11/21/2025 09:03 AM

Property Details for 116 West South Street

StatusActive
MLS #12517143
Days on Market103
Taxes$3,181 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMixed Use
MLS TypeCommercial Sale
Year Built1955
Lot Size0.08 AC / 3,630 SF
CountyLee County

Location

Listing Courtesy of Crawford Realty, LLC
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Virtual Tour

Building Information for 116 West South Street

Stories1Residences1Year Built1955Lot Size0.08 AC / 3,630 SF

Payment Calculator

$947 per month

30 year fixed, 6.15% Interest

Principal and Interest

$682

Property Taxes

$265

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 116 West South Street

General Information
Location and General Information
  • Geographic Locale: Out of Area
  • Information: Short Notice OK
Taxes and HOA Information
  • Additional Parcels: No
Property Information
Interior Features
  • Air Conditioning: Zoned
  • Electric: Circuit Breakers
  • Heat/Ventilation: Other
  • Misc Inside: Overhead Door/s,Private Restroom/s,Storage Inside
  • Num of Baths: 0.0
Exterior Features
  • # Of Apts: 0
Property/Lot Information
  • Built Before 1978: Yes
  • Approximate Age: Older
  • Lot Dimensions: 55x66
  • Lot Size Square Feet: 3630.0
  • Stories: 1
  • Fire Protection: Smoke or Fire Protectors
  • # Of Offices: 2
  • # Of Stores: 0
  • Property Sub Type: Mixed Use
Property and Assessments
  • Public Document Count: 0
  • Photos Count: 21
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Multi Family
Multi-Family Information
  • Number Of Units Total: 1
Income & Expenses
  • Electric Expense: $.00
  • Fuel Expense: $.00
  • Gross Income: $.00
  • Gross Scheduled Income: $.00
  • Insurance Expense: $1,500.00
  • Total Monthly Income: 0
  • Other Expense: $.00
  • Trash Expense: $.00
  • Water Sewer Expense: $.00

Property History for 116 West South Street

DateEvent & SourcePriceAppreciation
Nov 13, 2025

Listed (Active)

MRED #12517143

$140,000
Oct 25, 2023

Sold (Public Record)

Public Record #1521816499

$100,000

+27.4% / yr

Oct 25, 2023

Sold

MRED #11830479

$100,000
Oct 5, 2023

Pending

MRED #11830479

Aug 1, 2023

Price Change

MRED #11830479

$150,000
Jul 14, 2023

Listed (Active)

MRED #11830479

$160,000
Feb 22, 2023

Sold (Public Record)

Public Record #1506859248

$85,000

+13.3% / yr

Mar 31, 2022

Sold (Public Record)

Public Record #1487392532

$76,000

+4.9% / yr

Jan 19, 2006

Sold (Public Record)

Public Record #1081239756

$35,000
DateEvent & SourcePrice
11/13/2025

Listed (Active)

MRED #12517143

$140,000
10/25/2023

Sold (Public Record)

Public Record #1521816499

$100,000

+27.4% / yr

10/25/2023

Sold

MRED #11830479

$100,000
10/05/2023

Pending

MRED #11830479

08/01/2023

Price Change

MRED #11830479

$150,000
07/14/2023

Listed (Active)

MRED #11830479

$160,000
02/22/2023

Sold (Public Record)

Public Record #1506859248

$85,000

+13.3% / yr

03/31/2022

Sold (Public Record)

Public Record #1487392532

$76,000

+4.9% / yr

01/19/2006

Sold (Public Record)

Public Record #1081239756

$35,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 116 West South Street

Taxable ValueLand$2,213Additions$35,700Total$37,913
Tax Record2024$3,089 ($257 / month)
Home Facts
Lot Size3,630 SqFtStyleMiscellaneous CommercialCountyLEEAPN06-09-01-157-002

Schools near 116 West South Street

This home is within Ashton-Franklin Center Community Unit School District 275.
Rating
School
Type
Grades
Distance
Public - PK to 6
Public - 7 to 12
Rating
School
Distance
Ashton-Franklin Center Elementary School
PublicPK to 6

Ashton-Franklin Center High School
Public7 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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116 West South Street is a mixed use property for sale in Franklin Grove, IL 61031. This property was listed for sale on November 13, 2025 by Crawford Realty, LLC, it's currently listed at $140,000. It has been on the market for a total of 103 days and was last sold on October 25, 2023. This listing's school district is Ashton-Franklin Center Community Unit School District 275. Nearby schools include Ashton-Franklin Center Elementary School and Ashton-Franklin Center High School. 116 West South Street is a 0-bed, 0-bath, mixed use property built in 1955.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Crawford Realty, LLC

Based on information from one of the following Multiple Listing Services: Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 11/21/2025 09:03 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.