Conventional Restaurant

Elkhart, IL Conventional Restaurants for Sale

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Two-Building Cafe and Retail
Updated: Mar 30
Two-Building Cafe and Retail

100-102 Governor Oglesby Street, Elkhart, IL 62634

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Two connected buildings (built 1890) include a 68‑seat cafe, retail space, and a walk‑up loft apartment
102 building features a recent EPDM rubber roof replacement and houses cafe seating, kitchen, and part of the retail
100 building has an older Conklin roof coating and includes additional retail plus an owner‑occupied walk‑up loft apartment
Cafe is currently open for lunch Thursday–Sunday
Owners plan to retire and leave inventory, fixtures, and furniture with the property
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Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Elkhart, 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.

Restaurant and Bar with Event Space
Restaurant and Bar with Event Space

1230 5TH Street, Lincoln, IL 62656

$190,000
0.33 AC lot

Commercial-zoned property with indoor dining, a commercial kitchen, and outdoor gathering areas.

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Freestanding Restaurant with Highway Frontage
Freestanding Restaurant with Highway Frontage

2696 S DIRKSEN PKWY, Springfield, IL 62702

Contact for pricing
7,468 sqft 1.75 AC lot

B-1-zoned property offers substantial parking, prominent signage, and access to a signalized intersection.

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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 Bar with Event Space
Restaurant and Bar with Event Space

1230 5th Street, Lincoln, IL 62656

$190,000

Commercial restaurant property with two bars, a substantial kitchen, event areas, and an outdoor beer garden.

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Elkhart, IL Conventional Restaurants Market Trends and Statistics

Explore 1 conventional restaurants for sale in Elkhart, IL on our real estate platform.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Coffee shops 1
Conventional restaurants 1

Demographics Overview

Population 1,141
Population Growth (5Y) +47.2%
Median Household Income $79,722
College Educated 44.8%

Taxes & Financing

Tax Rate (average for all types) 3.60%
Tax Rate vs County Average 4.30 pp below county avg
Average Loan-to-Value 65.0%

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