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    Danville, IL
    Conventional Restaurant

    Conventional Restaurants for Sale in Danville, IL

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    Based on your search, we've compiled 4 Potential Opportunities for your consideration. While there is a shortage of Active listings in Danville, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities

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    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    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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    Turn-Key Restaurant and Bar
    Turn-Key Restaurant and Bar

    1309 East Washington Street, Urbana, IL 61802

    $475,000
    4,923 sqft

    Turn-key restaurant and bar available for sale in Urbana, IL.

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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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    Downtown Urbana Commercial Building
    Downtown Urbana Commercial Building

    114 S Race, Urbana, IL 61801

    $475,000
    0.06 AC lot

    Two-story commercial building with first-floor restaurant in downtown Urbana.

    View details

    Danville, IL Conventional Restaurants Market Trends and Statistics

    Explore 0 conventional restaurants for sale in Danville, IL on our real estate platform.

    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Bars & Pubs 2
    Conventional restaurants 1

    Demographics Overview

    Population 42K
    Population Growth (5Y) -11.4%
    Median Household Income $52,334
    College Educated 20.4%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    61832 $731.3K

    Taxes & Financing

    Tax Rate (average for all types) 9.28%
    Tax Rate vs County Average 0.11 pp above county avg
    Average Loan-to-Value 65.0%

    Property Size Breakdown

    The majority of commercial real estate listings in Danville fall within the 50,000 to 100,000 square foot range.

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