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    Elkhart, IL
    Conventional Restaurant

    Elkhart, IL Conventional Restaurants for Sale

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    Broadwell, IL Williamsville, IL Greenview, IL Lincoln, IL Sherman, IL Dawson, IL Springfield, IL Riverton, IL
    Two-Building Cafe and Retail
    Updated: Mar 12
    Two-Building Cafe and Retail

    100-102 Governor Oglesby St, Elkhart, IL 62634

    $345,000
    6,200 sqft
    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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    Realmo Analytics Monitor Off-market properties and contact owners who are ready to sell. Many signals applied to make quality leads for you. Get Leads
    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.

    View details
    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.

    View details
    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.

    View details
    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.

    View details

    Elkhart, IL Conventional Restaurants Market Trends and Statistics

    Explore 1 conventional restaurants for sale in Elkhart, IL on our real estate platform. These investment opportunities span a total of 6,200 square feet of properties for sale, with an estimated market value of $345,000.

    Sale prices for conventional restaurants in Elkhart, IL average $345,000 — 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 1

    Demographics Overview

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

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    62634 $345K

    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%

    How Realmo verifies these figures

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