Conventional Restaurant

Bloomington, IL Conventional Restaurants for Sale

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Normal, IL Heyworth, IL Downs, IL Hudson, IL Carlock, IL Danvers, IL Ellsworth, IL Wapella, IL
Two-Venue Restaurant Building
Updated: Aug 12
Two-Venue Restaurant Building

704 McGregor Street, Bloomington, IL 61701

$1,100,000
8,595 sqft
8,595 SF remodeled restaurant property with two venues under one roof
Rear area includes its own bar, restrooms, and exterior entrance
78 parking spaces
Layout supports dining, bar, event, live music, and private buyout concepts
Minutes from Veterans Parkway and downtown
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Turnkey Bakery Business
Updated: Jun 23
Turnkey Bakery Business

Turnkey Bakery Business for Sale (504 Guido Circle), Bloomington, IL 61701

$395,000
Established Janet’s Cakes & Catering business at 504 Guido Cir, Bloomington, IL 61701
Operated for nearly 40 years as a bakery and catering operation
Offers custom party cakes, wedding desserts, and almond frosting
Year built: 1970 (commercial property year built)
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See hot listings in Bloomington

Scored against comparables nationwide. These are worth a look.

Scored against comparables nationwide. These are worth a look.

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Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 Active listings in Bloomington, 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.

Mixed-Use Building with Rooftop Bar
Mixed-Use Building with Rooftop Bar

140 Washington Sq, Washington, IL 61571

$4,900,000
10,510 sqft

Renovated hospitality and residential spaces combine restaurant, brew pub, rooftop, and short-term rental uses.

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Turn-Key Restaurant Opportunity
Turn-Key Restaurant Opportunity

1700 Fredrick Ln, Normal, IL 61761

Contact for pricing
1,883 sqft

For sale in a high-visibility retail area near interstates, offered as a turn-key restaurant business.

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Remodeled Restaurant With Commercial Kitchen
Remodeled Restaurant With Commercial Kitchen

1501 N Main Street, Normal, IL 61761

$725,000

Signalized-corner restaurant property with updated equipment, refreshed interiors, and direct access to Interstate 55.

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Mixed-Use Building with Rooftop Bar
Mixed-Use Building with Rooftop Bar

140 Washington Square, Washington, IL 61571

$4,900,000
0.11 AC lot

Brick downtown property combines restaurant, brew pub, rooftop bar, and four short-term rental units.

View details

Bloomington, IL Conventional Restaurants Market Trends and Statistics

Explore 2 conventional restaurants for sale in Bloomington, IL on our real estate platform. These investment opportunities span a total of 8,595 square feet of properties for sale, with an estimated market value of $1,495,000.

Sale prices for conventional restaurants in Bloomington, IL start at $395,000, averaging $747,500, and reaching up to $1,100,000 — 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

Bars & Pubs 4
Conventional restaurants 2
Coffee shops 1
Commercial kitchens 1
Drive through restaurants 1

Demographics Overview

Population 85K
Population Growth (5Y) -0.4%
Median Household Income $81,768
College Educated 25.4%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
61701 $747.5K

Taxes & Financing

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in McLean County

New Delisted

Property Size Breakdown

The majority of commercial real estate listings in Bloomington fall within the 25,000 to 50,000 square foot range.

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