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    Decatur, IL
    Conventional Restaurant

    Decatur, IL Conventional Restaurants for Sale

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    Forsyth, IL Mt Zion, IL Mount Zion, IL Oreana, IL Cerro Gordo, IL Maroa, IL Bethany, IL Clinton, IL
    Historic Three-Story Mixed-Use Building
    Updated: Jun 5
    Historic Three-Story Mixed-Use Building

    170 N Merchant St, Decatur, IL 62523

    $545,000
    12,480 sqft
    Historic three‑story brick “Post Building” constructed in 1888
    Located at the corner of N. Merchant St and Prairie Ave in Downtown Decatur
    Mixed‑use layout with restaurant, retail, office, and residential space
    Building address: 160‑190 N. Merchant Street
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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, 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 Decatur, 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.

    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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    Freestanding Restaurant Building
    Freestanding Restaurant Building

    2660 S Dirksen Pkwy, Springfield, IL 62703

    Contact for pricing
    7,443 sqft 2.27 AC lot

    Freestanding restaurant property with substantial parking and frontage on a signalized hard-corner location.

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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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    Turnkey Restaurant with Basement
    Turnkey Restaurant with Basement

    716 E Enos Avenue, Springfield, IL 62702

    $189,900

    Turnkey restaurant built out with dining area, kitchen, basement storage, and two restrooms.

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    Decatur, IL Conventional Restaurants Market Trends and Statistics

    Explore 1 conventional restaurants for sale in Decatur, IL on our real estate platform. These investment opportunities span a total of 12,480 square feet of properties for sale, with an estimated market value of $545,000.

    Sale prices for conventional restaurants in Decatur, IL start at $545,000, averaging $545,000, and reaching up to $545,000 — 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 3
    Bars & Pubs 1
    Turn key restaurants 1

    Demographics Overview

    Population 79K
    Population Growth (5Y) -14.5%
    Median Household Income $56,571
    College Educated 16.3%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    62523 $545K
    62526 $625K

    Taxes & Financing

    Average Loan-to-Value 65.0%

    Property Size Breakdown

    The majority of commercial real estate listings in Decatur fall within the 10,000 to 25,000 square foot range.

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