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    Cerro Gordo, IL
    Conventional Restaurant

    Cerro Gordo, IL Conventional Restaurants for Sale

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    Decatur, IL Oreana, IL Bement, IL Mt Zion, IL Mount Zion, IL Forsyth, IL Monticello, IL Ivesdale, IL
    Turn-Key Restaurant with Catering
    Updated: Jul 13
    Turn-Key Restaurant with Catering

    217 E South St, Cerro Gordo, IL 61818

    $185,000
    Turn‑key, fully equipped restaurant operating in Cerro Gordo’s historic downtown business district
    Restaurant seating for 80+ guests
    Catering equipment capable of serving up to 300 people
    Numerous updates including roofing, HVAC, water heaters, and ice machine
    Gaming and liquor licenses available through the Village
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    Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Cerro Gordo, 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.

    Historic Three-Story Mixed-Use Building
    Historic Three-Story Mixed-Use Building

    170 N Merchant St, Decatur, IL 62523

    $545,000
    12,480 sqft

    Three-story brick property with restaurant, retail, office, and residential space for flexible downtown tenancy.

    View details
    Historic Mixed-Use Retail and Residential
    Historic Mixed-Use Retail and Residential

    101-105 W Sale Street, Tuscola, IL 61953

    $750,000
    0.22 AC lot

    Turn-key restaurant space with historic finishes, plus upper-level residential/loft potential above adjacent storefronts.

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    Restaurant and Residential Building
    Restaurant and Residential Building

    101 W Sale Street, Tuscola, IL 61953

    $400,000
    0.07 AC lot

    Main-level restaurant space with included equipment plus upstairs residential space, including one nearly finished unit and one unfinished area.

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    Restaurant with Large Kitchen
    Restaurant with Large Kitchen

    1044 W Eldorado St, Decatur, IL 62522

    Contact for pricing

    Restaurant for sale with a large kitchen, two walk-in freezers, two bathrooms, and customer dining areas.

    View details

    Cerro Gordo, IL Conventional Restaurants Market Trends and Statistics

    Explore 1 conventional restaurants for sale in Cerro Gordo, 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 $185,000.

    Sale prices for conventional restaurants in Cerro Gordo, IL start at $185,000, averaging $185,000, and reaching up to $185,000 — 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 1

    Demographics Overview

    Population 1,608
    Population Growth (5Y) -6.1%
    Median Household Income $75,536
    College Educated 25.7%

    Taxes & Financing

    Tax Rate (average for all types) 8.21%
    Tax Rate vs County Average 1.06 pp above county avg
    Average Loan-to-Value 65.0%

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    Most Searched ZIP Codes in Cerro Gordo, IL

    • 61818

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