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Delavan, IL

Delavan, IL Commercial Real Estate for Sale

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Atlanta, IL Emden, IL Green Valley, IL South Pekin, IL Annawan, IL Tremont, IL Pekin, IL Manito, IL

Restaurant Building with Equipment

Updated: Apr 10

Restaurant Building with Equipment

318 Locust St, Delavan, IL 61734

Contact for pricing

1,200 sqft

1,200 SF commercial building in Delavan, IL, currently operating as a restaurant
Restaurant‑ready interior with hood, three‑comp sink, grease trap, and related kitchen fixtures
New steel roof installed in 2015
List of equipment and further details available upon request

Bowling Alley Ready for Re-Open

Updated: Nov 1, 2024

Bowling Alley Ready for Re-Open

220 E 5th St, Delavan, IL 61734

Contact for pricing

8,976 sqft

10‑lane bowling alley with working lanes and mechanicals, ready to re‑open.
Potential for liquor license and on‑site gaming.
Large fenced lot suitable for patio conversion or building expansion.
Potential for TIF funds to be applied for in May for remodel or expansion.
Opportunity to customize the kitchen to suit specific business needs.

Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center

Based on your search, we've compiled 76 Potential Opportunities for your consideration. Besides 2 Active listings in Delavan, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 70 Off-Market properties to explore as potential leads

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Office Units with Overhead Doors

Office Units with Overhead Doors

22387 State Route 9, Tremont, IL 61568

Contact for pricing

8,540 sqft

Temperature-controlled office facility with private work areas, loading access, and a fenced exterior yard.

Flex Space with Fireproof Storage

Flex Space with Fireproof Storage

22200 State Route 9, Tremont, IL 61568

$375,000

Flex space built in 1997 with office space, two bathrooms, a small kitchen, and a large fireproof storage room.

Equipped Conventional Restaurant

Equipped Conventional Restaurant

301 E MAIN Street, South Pekin, IL 61564

$39,900

0.19 AC lot

Commercial zoning, installed kitchen equipment, and furnished dining areas are in place for a restaurant operation.

Drive-Through Restaurant Building

Drive-Through Restaurant Building

807 W Main St, South Pekin, IL 61564

Contact for pricing

Former Subway drive-through restaurant includes walk-in refrigerator and freezer with complete kitchen buildout and concrete parking.

Off-Market Properties in Delavan, IL

Consider similar Off-Market properties in Delavan, IL. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

412 414th S Locust St

RETAIL STORES (PERSONAL SERVICES)

412 414th S Locust St, Delavan, IL 61734

$245,000

Estimated value

7,280 sqft 0.15 AC lot

212 Locust St

RETAIL STORES (PERSONAL SERVICES)

212 Locust St, Delavan, IL 61734-9229

$75,000

Estimated value

1,500 sqft 0.26 AC lot

306 Locust St

OFFICE (GENERAL)

306 Locust St, Delavan, IL 61734-7528

$60,000

Estimated value

1,594 sqft 0.05 AC lot

313 315th S Locust St

RETAIL STORES (PERSONAL SERVICES)

313 315th S Locust St, Delavan, IL 61734

$475,000

Estimated value

5,845 sqft 0.16 AC lot

317 Locust St

COMMERCIAL (GENERAL)

317 Locust St, Delavan, IL 61734-7528

$475,000

Estimated value

2,000 sqft 0.08 AC lot

323 Locust St

OFFICE (GENERAL)

323 Locust St, Delavan, IL 61734

$260,000

Estimated value

3,250 sqft 0.16 AC lot

311 Locust St

RETAIL STORES (PERSONAL SERVICES)

311 Locust St, Delavan, IL 61734

$400,000

Estimated value

2,000 sqft 0.08 AC lot

201 Locust St

RETAIL STORES (PERSONAL SERVICES)

201 Locust St, Delavan, IL 61734-7566

$135,000

Estimated value

18,360 sqft 0.65 AC lot

108 4th St

PARKING GARAGE, PARKING STRUCTURE

108 4th St, Delavan, IL 61734

$125,000

Estimated value

600 sqft 0.10 AC lot

320 Locust St

RETAIL STORES (PERSONAL SERVICES)

320 Locust St, Delavan, IL 61734-7528

$55,000

Estimated value

1,870 sqft 0.08 AC lot

322 Locust St

RETAIL STORES (PERSONAL SERVICES)

322 Locust St, Delavan, IL 61734

$60,000

Estimated value

1,955 sqft 0.07 AC lot

408 410th S Locust St

BAR, TAVERN

408 410th S Locust St, Delavan, IL 61734

$85,000

Estimated value

2,115 sqft 0.15 AC lot

318 Locust St

RESTAURANT

318 Locust St, Delavan, IL 61734-7528

$50,000

Estimated value

1,200 sqft 0.08 AC lot

120 5th St

BAR, TAVERN

120 5th St, Delavan, IL 61734-9629

$100,000

Estimated value

2,740 sqft 0.33 AC lot

309 Locust St

RETAIL STORES (PERSONAL SERVICES)

309 Locust St, Delavan, IL 61734-7528

$230,000

Estimated value

4,250 sqft 0.16 AC lot

316 Locust St

APARTMENT HOUSE (UNDER 5 UNITS)

316 Locust St, Delavan, IL 61734-7528

$50,000

Estimated value

1,550 sqft 0.08 AC lot

308 Locust St

VACANT COMMERCIAL LAND

308 Locust St, Delavan, IL 61734-7528

Value Estimation by Request

0.06 AC lot

418 Locust St

FINANCIAL BUILDING

418 Locust St, Delavan, IL 61734-7602

$60,000

Estimated value

3,220 sqft 0.30 AC lot

312 Locust St

RETAIL STORES (PERSONAL SERVICES)

312 Locust St, Delavan, IL 61734-7528

$70,000

Estimated value

1,200 sqft 0.06 AC lot

115 3rd St

OFFICE (GENERAL)

115 3rd St, Delavan, IL 61734-7400

$90,000

Estimated value

2,176 sqft 0.12 AC lot

111 3rd St

VACANT COMMERCIAL LAND

111 3rd St, Delavan, IL 61734-7400

$110,000

Estimated value

0.12 AC lot

110 3rd St

LIGHT INDUSTRIAL

110 3rd St, Delavan, IL 61734-7400

$30,000

Estimated value

1,749 sqft 0.04 AC lot

Delavan, IL Commercial Real Estate Market Trends and Statistics

Explore 72 commercial real estate for sale in Delavan, IL on our real estate platform. These investment opportunities span a total of 10,176 square feet of properties for sale.

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Demographics Overview

Population 2,500

Population Growth (5Y) -9.6%

Median Household Income $71,563

College Educated 26.2%

Taxes & Financing

Tax Rate (average for all types) 8.54%

Property Tax per SF $97.32 per SF

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Tazewell County

New Delisted

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