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    Palestine, IL
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    Palestine, IL Commercial Real Estate for Sale

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    Robinson, IL Hutsonville, IL Sullivan, IN
    Turnkey Restaurant on Historic Main
    $99,900
    1,862 SF
    Turnkey Restaurant on Historic Main

    118 S Main St, Palestine, IL 62451

    Turnkey restaurant opportunity in Palestine, Illinois, with extensive equipment.
    • Turnkey restaurant opportunity on historic Main St in Palestine.
    • Priced to sell, dual‑building property accommodating approximately 75 guests.
    • Extensive equipment included, suitable for various culinary concepts.
    • Fully equipped kitchen including pizza oven, sheeter, flat top grill, fryers, double oven, cold prep table, refrigerators, freezers.
    • New bar with seating, tables, chairs, register, salad bar, hot bar, newer ice machine.
    Updated: May 24
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    Turnkey Restaurant on Historic Main
    $99,900
    Turnkey Restaurant on Historic Main

    118 S Main St, Palestine, IL 62451

    Turnkey restaurant opportunity in Palestine, Illinois, ready for new owner.
    • Great Location on Major Hwy
    • Rustic and Ready
    • Various types of businesses
    Updated: May 24
    View details
    Based on your search, we've compiled 76 Potential Opportunities for your consideration. Besides 2 Active listings in Palestine, 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.

    Accessible Worship and Meeting Facility
    $265,000
    1,900 SF
    Accessible Worship and Meeting Facility

    Exceptional condition with handicap-accessible entry, restrooms, and a large meeting room for group gatherings.

    12475 E. 1050th Ave., Robinson, IL 62454

    View details
    Accessible Office Building with Meeting Room
    $265,000
    Accessible Office Building with Meeting Room

    Office building in exceptional condition with handicap-accessible entry, restrooms, and a large meeting room.

    12475 E. 1050th Ave., Robinson, IL 62454

    View details
    Modern Chalet on 10 Acres
    $679,900
    3,650 SF
    Modern Chalet on 10 Acres

    Modern chalet on 10-acre farm with stocked pond.

    5343 N Cr 800 W, Sullivan, IN 47849

    View details
    Remodeled Farmhouse with Agricultural Potential
    $399,000
    2,030 SF
    Remodeled Farmhouse with Agricultural Potential

    10-acre farm featuring a remodeled farmhouse, barns, and greenhouse.

    8436 W Cr 400 N, Sullivan, IN 47882

    View details

    Off-Market Properties in Palestine, IL

    Consider similar Off-Market properties in Palestine, 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.

    106 Wilson St
    COMMERCIAL (GENERAL)
    Value Estimation by Request

    106 Wilson St, Palestine, IL 62451-1040

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    105 Wilson St
    VACANT COMMERCIAL LAND
    Value Estimation by Request

    105 Wilson St, Palestine, IL 62451-1038

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    300 Washington St
    VACANT COMMERCIAL LAND
    Value Estimation by Request

    300 Washington St, Palestine, IL 62451-1088

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    18066 Walnut St
    COMMERCIAL (GENERAL)
    Lot: 0.52 Acres
    Value Estimation by Request

    18066 Walnut St, Palestine, IL 62451-2915

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    18066 Walnut St
    VACANT COMMERCIAL LAND
    Value Estimation by Request

    18066 Walnut St, Palestine, IL 62451-2915

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    705 Porter St
    COMMERCIAL (GENERAL)
    Value Estimation by Request

    705 Porter St, Palestine, IL 62451-1054

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    613 Porter St
    COMMERCIAL (GENERAL)
    Value Estimation by Request

    613 Porter St, Palestine, IL 62451-1028

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    412 Pike St
    COMMERCIAL (GENERAL)
    Lot: 0.25 Acres
    Value Estimation by Request

    412 Pike St, Palestine, IL 62451-1156

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    109 Pike St
    COMMERCIAL (GENERAL)
    Value Estimation by Request

    109 Pike St, Palestine, IL 62451-1020

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    110 Main St
    COMMERCIAL (GENERAL)
    Value Estimation by Request

    110 Main St, Palestine, IL 62451-1244

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    212 Main St
    COMMERCIAL (GENERAL)
    Value Estimation by Request

    212 Main St, Palestine, IL 62451-1245

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    103 Main St
    COMMERCIAL (GENERAL)
    Value Estimation by Request

    103 Main St, Palestine, IL 62451-1265

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    312 Main St
    COMMERCIAL (GENERAL)
    Value Estimation by Request

    312 Main St, Palestine, IL 62451-1246

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    312 Main St
    COMMERCIAL (GENERAL)
    Value Estimation by Request

    312 Main St, Palestine, IL 62451-1246

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    114 Main St
    COMMERCIAL (GENERAL)
    Value Estimation by Request

    114 Main St, Palestine, IL 62451-1244

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    118 Main St
    COMMERCIAL (GENERAL)

    118 Main St, Palestine, IL 62451-1244

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    115 Main St
    COMMERCIAL (GENERAL)
    Value Estimation by Request

    115 Main St, Palestine, IL 62451-1265

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    109 Main St
    COMMERCIAL (GENERAL)
    Value Estimation by Request

    109 Main St, Palestine, IL 62451-1265

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    312 Main St
    COMMERCIAL (GENERAL)
    Value Estimation by Request

    312 Main St, Palestine, IL 62451-1246

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    105 Main St
    OFFICE BUILDING
    Value Estimation by Request

    105 Main St, Palestine, IL 62451-1263

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    117 Main St
    COMMERCIAL (GENERAL)
    Value Estimation by Request

    117 Main St, Palestine, IL 62451-1265

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

    112 Main St, Palestine, IL 62451-1244

    View details

    Palestine, IL Commercial Real Estate Investment Opportunities Market Analysis

    Explore 72 commercial real estate for sale in Palestine, IL on our real estate platform. These investment opportunities span a total of 1,862 square feet of properties for sale, with an estimated market value of $99,900.

    Sale prices for business properties in Palestine, IL start at $99,900, averaging $99,900, and reaching up to $99,900 — 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 1,955
    Population Growth (5Y) -4.2%
    Median Household Income $60,991
    College Educated 20.1%

    High-Yield Neighborhoods for Investment

    Identify Palestine submarkets with the highest inventory density on the market and evaluate the median listing prices of real estate assets

    Neighborhood Average Price
    62451 $99.9K

    Taxes & Financing

    Tax Rate (average for all types) 7.25%
    Tax Rate vs County Average 1.07 pp above county avg
    Average Loan-to-Value 65.0%

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    Browse Commercial real estate for Sale Near Palestine, IL

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