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    Danville, IL
    Conventional Restaurant

    Danville, IL Conventional Restaurants for Sale

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    Tilton, IL Westville, IL Catlin, IL Oakwood, IL Georgetown, IL Covington, IN Perrysville, IN Williamsport, IN
    Bar & Grill with Detached Garage
    Updated: Dec 13, 2023
    Bar & Grill with Detached Garage

    3124 Perrysville Road, Danville, IL 61834

    $599,900
    0.50 AC lot
    Bar‑and‑grill property on 0.5 acres in Danville, IL
    Seating for over 100 guests
    Includes 3 chest freezers, an ice machine, and 2 walk‑in coolers
    2‑car detached garage included
    New HVAC installed in 2022
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    Bar & Grill with Equipment
    Updated: Jul 25
    Bar & Grill with Equipment

    3124 Perrysville Rd, Danville, IL 61834

    $599,900
    3,000 sqft
    Over 100 seats for bar and grill operations
    3 chest freezers and an ice machine included
    2 walk‑in coolers on site
    2‑car detached garage included
    HVAC replaced in 2022
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    Drive-Through Restaurant Building
    Drive-Through Restaurant Building

    2201 E MAIN ST, Danville, IL 61832

    Contact for pricing
    3,000 sqft

    Configured for food service with a kitchen, customer seating, storefront parking, and B-2 Highway Business zoning.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Restaurant Building with Outdoor Dining
    Restaurant Building with Outdoor Dining

    210 N Logan Ave, Danville, IL 61832

    Contact for pricing

    Updated food-service property with retained furnishings and commercial kitchen equipment.

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    Based on your search, we've compiled 8 Potential Opportunities for your consideration. Besides 4 Active listings in Danville, 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.

    Updated Bar and Grill
    Updated Bar and Grill

    114 E Market St, Sidell, IL 61876

    $114,999
    3,664 sqft

    Commercial kitchen improvements and gaming machines support continued bar-and-grill operations.

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    Updated Bar and Grill
    Updated Bar and Grill

    114 E Market Street, Sidell, IL 61876

    $114,999
    0.15 AC lot

    Commercial kitchen improvements include refrigeration, cooking equipment, and upgraded building systems.

    View details
    Downtown Restaurant with Patio
    Downtown Restaurant with Patio

    201 N Broadway Ave, Urbana, IL 61801

    $550,000

    Turnkey restaurant space includes built-in seating, an art deco back bar, and a front patio for additional guests.

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

    1309 East Washington Street, Urbana, IL 61802

    Contact for pricing
    4,923 sqft

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

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    Danville, IL Conventional Restaurants Market Trends and Statistics

    Explore 4 conventional restaurants for sale in Danville, IL, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 6,000 square feet of properties for sale, with an estimated market value of $1,199,800.

    Sale prices for conventional restaurants in Danville, IL average $599,900 — 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 4
    Bars & Pubs 2
    Commercial kitchens 1
    Drive through 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
    61834 $599.9K

    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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    • 61834

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