Conventional Restaurant

Danville, IL Conventional Restaurants for Sale

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Tilton, IL Bismarck, IL Westville, IL Oakwood, IL Catlin, IL Perrysville, IN Georgetown, IL Covington, IN
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
Updated: Aug 5
Drive-Through Restaurant Building

2201 E MAIN ST, Danville, IL 61832

Contact for pricing
3,000 sqft
3,000 SF commercial building constructed in 1984
Drive‑thru window, full kitchen, service counter, and patron seating
18' x 8' walk‑in cooler
Storefront parking included
Signalized corner on Danville’s east‑west corridor
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Restaurant with Commercial Kitchen Equipment
Restaurant with Commercial Kitchen Equipment

1112 E Voorhees Street, Danville, IL 61832

$75,000

Dining areas include booths, tables, and counter seating, with kitchen equipment and inventory included in the sale.

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See hot listings in Danville

Scored against comparables nationwide. These are worth a look.

Scored against comparables nationwide. These are worth a look.

Cap Rate available after sign in
Est. NOI available after sign in
Local Demand available after sign in
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.

Commercial hood  Equipment included  Furnished
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4 active listings match your search: Restaurant for sale in Danville, IL. Based on your search, we've also compiled 4 Potential Opportunities for your consideration: 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
Business included  3,664 sqft

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

Gaming machines
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Downtown Restaurant Building
Downtown Restaurant Building

Saint Joseph, IL 61873

$385,000

Brick construction, central air, and an exhaust fan support restaurant use.

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Updated Bar and Grill
Updated Bar and Grill

114 E Market Street, Sidell, IL 61876

$114,999
Business included

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

Equipment included
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Conventional Restaurant
Conventional Restaurant

Saint Joseph, IL 61873

$385,000

The restaurant includes central air and an exhaust fan.

View details

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 $674,900.

Sale prices for conventional restaurants in Danville, IL start at $75,000, averaging $337,450, and reaching up to $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 1
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%

Listings Trend

New vs delisted commercial listings in Vermilion County

New Delisted

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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