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    Champaign, IL Conventional Restaurants for Sale

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    Urbana, IL Savoy, IL Philo, IL
    Top-Performing Panera Bread For Sale
    $3,332,000
    4,980 SF
    Top-Performing Panera Bread For Sale

    1903 Convenience Pl, Champaign, IL 61820

    Corporate-guaranteed Panera Bread in top 5% nationwide, Champaign, Illinois.
    • Top‑performing Panera Bread location, ranking in the top 5% of stores nationwide.
    • Corporate‑guaranteed NN lease extended through December 2033, providing long‑term income stability.
    • Estimated annual sales of approximately $4.7 million, demonstrating exceptional unit‑level performance.
    • Located in Champaign's dominant retail corridor near Market Place Shopping Center and the University of Illinois.
    • Lease structure includes 10% rental increases in renewal options, offering built‑in long‑term income growth.
    Updated: Mar 4
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    Prime Commercial Property with Restaurant
    $2,500,000
    5,800 SF
    Prime Commercial Property with Restaurant

    608 W TOWN CENTER Boulevard, Champaign, IL 61822

    Two-acre commercial property with restaurant and vacant land.
    • Prime location on a major commercial corridor near North Prospect shopping center and Marketplace Mall.
    • Existing 5,800 sq. ft. restaurant leased for 5 years with a 5‑year renewal option, generating $8,300 per month in income.
    • Adjacent vacant acre allows for construction of a 6,000 sq. ft. building for retail, professional, or restaurant expansion.
    • New Costco located just one block to the west, driving increased traffic to the area.
    • Property consists of almost two acres, offering substantial development potential.
    Updated: Mar 12
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    Drive-Through Restaurant Portfolio
    $7,975,000
    15,186 SF
    Drive-Through Restaurant Portfolio

    Three Panera Bread locations offered with corporate-guaranteed NN lease terms through 2033 and scheduled rent increases.

    1903 Convenience Place, Champaign, IL 61820

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    Based on your search, we've compiled 7 Potential Opportunities for your consideration. Besides 3 Active listings in Champaign, 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
    $545,000
    12,480 SF
    Historic Three-Story Mixed-Use Building

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

    170 N Merchant St, Decatur, IL 62523

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    Decatur Retail Investment Opportunity
    $625,000
    11,856 SF
    Decatur Retail Investment Opportunity

    Two retail properties on Mound Road, Decatur, Illinois for sale.

    1423 E Mound Rd, Decatur, IL 62526

    View details
    Commercial Building on State Route
    $169,000
    1,380 SF
    Commercial Building on State Route

    Commercial building with drive-thru, formerly a Subway restaurant.

    513 E CHESTNUT Street, Mt Pulaski, IL 62548

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    Commercial Building on State Route
    $169,000
    1,380 SF
    Commercial Building on State Route

    Commercial building with dining area, drive-thru, and parking lot.

    513 E CHESTNUT Street, Mt Pulaski, IL 62548

    View details

    Champaign, IL Conventional Restaurants Market Trends and Statistics

    Explore 3 conventional restaurants for sale in Champaign, IL, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 25,966 square feet of properties for sale, with an estimated market value of $13,807,000.

    Sale prices for conventional restaurants in Champaign, IL start at $2,500,000, averaging $4,602,333, and reaching up to $7,975,000 — 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 8
    Drive through restaurants 6
    Bars & Pubs 3
    Commercial kitchens 2
    Coffee shops 1

    Demographics Overview

    Population 96K
    Population Growth (5Y) +1.5%
    Median Household Income $62,086
    College Educated 42.5%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    61822 $2.5M
    61820 $3.3M

    Taxes & Financing

    Tax Rate (average for all types) 8.86%
    Property Tax per SF $37.00 per SF
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Champaign County

    New Delisted

    Property Size Breakdown

    The majority of commercial real estate listings in Champaign fall within the 100,000+ square foot range.

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    Most Searched ZIP Codes in Champaign, IL

    • 61820
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