Chillicothe, IL
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    Chillicothe, IL Conventional Restaurants for Sale

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    Sparland, IL Washburn, IL Lacon, IL
    Hardee’s Restaurant Net Lease
    $1,086,000
    3,415 SF
    Hardee’s Restaurant Net Lease

    108 North 4th Street, Chillicothe, IL 61523

    20-year net lease commenced August 2022 with renewal options and scheduled rent increases.
    • 20‑year net lease commenced August 2022 with (4) 5‑year renewal options
    • Lease includes scheduled 10% rental increases every 5 years
    • Building year built: 2005
    • Store has a rent‑to‑sales ratio of 8.63%
    • Located on N 4th Street with 15,060+ VPD; right off Illinois Route 29 near the Illinois River
    Updated: Jun 15
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    Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Chillicothe, 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.

    Gutted Restaurant Building and Land
    $299,000
    2.13 Acres
    Gutted Restaurant Building and Land

    A cleared restaurant interior on over two acres with dedicated parking, positioned directly across from Bradley Park.

    1321 N PARK Road, Peoria, IL 61604

    View details
    Mixed-Use Commercial Strip Center
    $1,074,455
    13,978 SF
    Mixed-Use Commercial Strip Center

    Mixed-use commercial strip center with 11 units in Peoria, IL.

    4325 N Sheridan Road, Peoria, IL 61614

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    Turnkey Restaurant with Patio and Apartments
    $445,000
    7,084 SF
    Turnkey Restaurant with Patio and Apartments

    Turnkey pizzeria and sports bar with full kitchen, large dining room, patio, plus three upstairs apartments.

    801 6th St, Mendota, IL 61342

    View details
    Turnkey Pizzeria & Bar with Apartments
    $445,000
    7,084 SF
    Turnkey Pizzeria & Bar with Apartments

    Pizzeria, sports bar, and apartments in historic downtown Mendota.

    801 6 Th St, Mendota, IL 61342

    View details

    Chillicothe, IL Conventional Restaurants Market Trends and Statistics

    Explore 1 conventional restaurants for sale in Chillicothe, IL on our real estate platform. These investment opportunities span a total of 3,415 square feet of properties for sale, with an estimated market value of $1,086,000.

    Sale prices for conventional restaurants in Chillicothe, IL start at $1,086,000, averaging $1,086,000, and reaching up to $1,086,000 — 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
    Drive through restaurants 1

    Demographics Overview

    Population 10K
    Population Growth (5Y) -9.0%
    Median Household Income $74,100
    College Educated 33.3%

    Taxes & Financing

    Tax Rate (average for all types) 7.94%
    Property Tax per SF $1.24 per SF
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Peoria County

    New Delisted

    Property Size Breakdown

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

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