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    Conventional Restaurant

    Chillicothe, IL Conventional Restaurants for Sale

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    Hardee’s Restaurant Net Lease
    Updated: Jun 15
    Hardee’s Restaurant Net Lease

    108 North 4th Street, Chillicothe, IL 61523

    Contact for pricing
    3,415 sqft
    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
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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    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.

    Freestanding Restaurant and Brewery
    Freestanding Restaurant and Brewery

    230 Conference Center Drive, East Peoria, IL 61611

    $3,500,000
    9,135 sqft

    Custom-built restaurant with an open-view brewery tank area, open-view kitchen, mezzanine, and outdoor river-view seating.

    View details
    Turnkey Restaurant and Cafe
    Turnkey Restaurant and Cafe

    5805 N Knoxville Avenue, Peoria, IL 61614

    $1,600,000
    0.68 AC lot

    Multi-revenue restaurant with bar and take-away, plus a separate cafe/market entrance, fully remodeled and ready to operate.

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    Drive-Thru Restaurant Building
    Drive-Thru Restaurant Building

    245 FARMDALE RD, East Peoria, IL 61611

    Contact for pricing
    1,500 sqft 1.06 AC lot

    Former QSR drive-thru building on a 1.06-acre lot with ample parking and strong visibility.

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    Hardee’s NNN Restaurant with Lease
    Hardee’s NNN Restaurant with Lease

    3909 W War Memorial Dr, Peoria, IL 61615

    Contact for pricing
    4,744 sqft 1.26 AC lot

    Hardee’s on 1.26 acres with an absolute NNN lease and 9.5 years of primary term remaining.

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    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.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Conventional restaurants 2

    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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