London Mills, IL Commercial Real Estate for Sale

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Flex Space with Pole Barn
Updated: Jul 30
Flex Space with Pole Barn

301 3RD Street, London Mills, IL 61544

Contact for pricing
Two lots with a flex space setup at 301 3rd Street, London Mills, IL
Pole barn with partially open‑air and partially enclosed areas
Electrical plug‑ins throughout the site
24 additional spaces for vendors or operations
Concrete flooring
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Turnkey Restaurant and Bar
Updated: Oct 22, 2024
Turnkey Restaurant and Bar

103 3rd Street, London Mills, IL 61544

$245,000
2,880 sqft
Fully operational turnkey conventional restaurant and bar business
2,880‑square‑foot restaurant operation
Nearly 40 total years of operating history
Known as Spoonies and recognized for pork tenderloins
Featured by Pursing Pork Tenderloin and Peoria Local Legends Magazine
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Based on your search, we've compiled 45 Potential Opportunities for your consideration. Besides 2 Active listings in London Mills, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 39 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.

Drive-Through Restaurant Opportunity
Drive-Through Restaurant Opportunity

104 S Western Avenue, Abingdon, IL 61410

$89,900
470 sqft

Turnkey 2023 build with drive-through service, ADA restroom access, and installed equipment plus POS for immediate use.

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Avon Entertainment & Fitness Venue
Avon Entertainment & Fitness Venue

102-106 N Main Street, Avon, IL 61415

Contact for pricing
12,608 sqft

Turn-key commercial property with multiple income streams in downtown Avon.

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Drive-Through Restaurant Opportunity
Drive-Through Restaurant Opportunity

104 S WESTERN Avenue, Abingdon, IL 61410

$89,900

Turnkey 2023 build with drive-through service, ADA restroom, and POS system included for immediate use on a major corridor.

View details
Dollar General Absolute NNN
Dollar General Absolute NNN

410 S Main Street, Avon, IL 61415

Contact for pricing

2023-developed Dollar General offered under an absolute NNN lease with zero landlord responsibilities.

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Off-Market Properties in London Mills, IL

Consider similar Off-Market properties in London Mills, 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.

18 Il Rte 97
COMMERCIAL (GENERAL)

18 Il Rte 97, London Mills, IL 61544

$135,000
Estimated value
1,800 sqft
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4 Il Rte 97
VACANT COMMERCIAL LAND

4 Il Rte 97, London Mills, IL 61544-9386

$260,000
Estimated value
5.00 AC lot
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108 2nd St
INDUSTRIAL (GENERAL)

108 2nd St, London Mills, IL 61544

Value Estimation by Request
View details
304 2nd St
COMMERCIAL (GENERAL)

304 2nd St, London Mills, IL 61544-7801

$275,000
Estimated value
0.68 AC lot
View details
103 3rd St, Unit 105
COMMERCIAL (GENERAL)

103 3rd St, London Mills, IL 61544-7506

Unit 105
Value Estimation by Request
View details
307 2nd St
COMMERCIAL (GENERAL)

307 2nd St, London Mills, IL 61544-7801

$265,000
Estimated value
1.56 AC lot
View details
104 2nd St, Unit 106
COMMERCIAL (GENERAL)

104 2nd St, London Mills, IL 61544-7804

Unit 106
Value Estimation by Request
View details
104 2nd St
COMMERCIAL (GENERAL)

104 2nd St, London Mills, IL 61544

$105,000
Estimated value
View details
107 Main St
COMMERCIAL (GENERAL)

107 Main St, London Mills, IL 61544-7513

Value Estimation by Request
View details
1482 Ss St
COMMERCIAL (GENERAL)

1482 Ss St, London Mills, IL 61544

$35,000
Estimated value
160 sqft
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1496 Ss St
INDUSTRIAL (GENERAL)

1496 Ss St, London Mills, IL 61544-9327

$275,000
Estimated value
1.73 AC lot
View details
105 Main St
COMMERCIAL (GENERAL)

105 Main St, London Mills, IL 61544-7513

Value Estimation by Request
View details
London Mills, IL 61544
COMMERCIAL (GENERAL)

London Mills, IL 61544

Value Estimation by Request
View details
London Mills, IL 61544
INDUSTRIAL (GENERAL)

London Mills, IL 61544

$120,000
Estimated value
View details
101 2nd St
COMMERCIAL (GENERAL)

101 2nd St, London Mills, IL 61544-7805

Value Estimation by Request
View details
301 3Rd St
Retail properties & Spaces

301 3Rd St, London Mills, IL 61544

Value Estimation by Request
View details
103 Water
COMMERCIAL (GENERAL)

103 Water, London Mills, IL 61544-9417

$55,000
Estimated value
View details
203 Un St
COMMERCIAL (GENERAL)

203 Un St, London Mills, IL 61544-7516

Value Estimation by Request
View details
108 Main St
COMMERCIAL (GENERAL)

108 Main St, London Mills, IL 61544-7513

Value Estimation by Request
View details
180 Knox Rd 800th E
COMMERCIAL (GENERAL)

180 Knox Rd 800th E, London Mills, IL 61544

$260,000
Estimated value
5.93 AC lot
View details
10132 Il Rte 116
COMMERCIAL (GENERAL)

10132 Il Rte 116, London Mills, IL 61544-9368

$275,000
Estimated value
0.23 AC lot
View details
109 3rd St
COMMERCIAL (GENERAL)

109 3rd St, London Mills, IL 61544-7506

Value Estimation by Request
View details

London Mills, IL Commercial Real Estate Market Trends and Statistics

Explore 41 commercial real estate for sale in London Mills, IL on our real estate platform. These investment opportunities span a total of 2,880 square feet of properties for sale, with an estimated market value of $245,000.

Sale prices for business properties in London Mills, IL average $245,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Demographics Overview

Population 815
Population Growth (5Y) +38.1%
Median Household Income $79,333
College Educated 26.1%

Taxes & Financing

Tax Rate (average for all types) 8.62%
Property Tax per SF $32.09 per SF
Tax Rate vs County Average 0.49 pp below county avg
Average Loan-to-Value 65.0%

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