Conventional Restaurant

Athens, IL Conventional Restaurants for Sale

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Petersburg, IL Cantrall, IL Salisbury, IL Sherman, IL Pleasant Plains, IL Williamsville, IL Greenview, IL Springfield, IL
Leased Retail and Restaurant Property
Updated: Apr 28
Leased Retail and Restaurant Property

214 Abe Lincoln Drive, Athens, IL 62613

$450,000
0.56 AC lot
Immediate rental income from two established tenants: Subway and Michaels on 29.
High‑visibility location on a well‑traveled corridor.
Michaels on 29 includes a gaming room, providing additional revenue potential.
Ample parking for customers.
Well‑maintained property built in 2012.
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Leased Restaurant and Liquor Store
Updated: Apr 29
Leased Restaurant and Liquor Store

214 Abe Lincoln Drive, Athens, IL 62613

$450,000
Built in 2012 commercial property with two established, income‑producing tenants
Leased Subway restaurant on‑site for immediate rental income
Leased liquor store, Michaels on 29, includes a dedicated gaming room
Both tenant spaces are currently leased
Customer access and ample parking are available on site
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Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 Active listings in Athens, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

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

Mason City Commercial Investment Opportunity
Mason City Commercial Investment Opportunity

201 E CHESTNUT Street, Mason City, IL 62644

$350,000
0.60 AC lot

Freestanding commercial building in high-traffic area, currently Subway restaurant.

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Freestanding Restaurant Building
Freestanding Restaurant Building

2660 S Dirksen Pkwy, Springfield, IL 62703

Contact for pricing
7,443 sqft 2.27 AC lot

Freestanding restaurant property with substantial parking and frontage on a signalized hard-corner location.

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Freestanding Restaurant Building
Freestanding Restaurant Building

201 E CHESTNUT Street, Mason City, IL 62644

$350,000

Freestanding restaurant building leased and operated as a Subway restaurant with existing quick-service infrastructure.

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Fully Equipped Restaurant and Bar
Fully Equipped Restaurant and Bar

301 W N Grand Avenue, Springfield, IL 62702

$469,900

Restaurant and bar space with open dining, bar area, and a fully outfitted kitchen, including pizza ovens and walk-ins.

View details

Athens, IL Conventional Restaurants Market Trends and Statistics

Explore 2 conventional restaurants for sale in Athens, IL on our real estate platform. These investment opportunities span a total of 0 square feet of properties for sale, with an estimated market value of $900,000.

Sale prices for conventional restaurants in Athens, IL start at $450,000, averaging $450,000, and reaching up to $450,000 — 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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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Conventional restaurants 2

Demographics Overview

Population 3,659
Population Growth (5Y) -5.8%
Median Household Income $95,591
College Educated 45.1%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
62613 $450K

Taxes & Financing

Tax Rate (average for all types) 7.07%
Tax Rate vs County Average 0.19 pp below county avg
Average Loan-to-Value 65.0%

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