Advertise
    Franklin, IL
    Conventional Restaurant

    Franklin, IL Conventional Restaurants for Sale

    Notify Me
    List
    Map
    Waverly, IL New Berlin, IL Jacksonville, IL Pleasant Plains, IL Chatham, IL Virden, IL Auburn, IL Springfield, IL
    Bar & Pub with Patio and Gaming
    Updated: May 7
    Bar & Pub with Patio and Gaming

    204 E Wyatt Street, Franklin, IL 62638

    $195,000
    Approximately 3,120 SF bar and restaurant building with dedicated party room
    Outdoor beer garden/patio space with wiring for live music
    Gaming area with 6 machines
    WiFi and fiber optic internet for reliable connectivity
    Natural gas heating and central air cooling
    View details
    Restaurant and Bar with Patio
    Updated: May 7
    Restaurant and Bar with Patio

    204 E Wyatt Street, Franklin, IL 62638

    $195,000
    3,120 sqft
    Approximately 3,120 square feet of restaurant space
    Dedicated party room for private events and group gatherings
    Outdoor beer garden and patio area
    Gaming area with 6 machines
    Outdoor space wired for live music
    View details
    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 Active listings in Franklin, 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.

    3-Bay Former Golf Simulation Bar
    3-Bay Former Golf Simulation Bar

    3941 PINTAIL Drive, Springfield, IL 62711

    $629,000
    0.51 AC lot

    B-1 zoned former golf simulation bar with central air, new asphalt roof, and front/side parking.

    View details
    Restaurant with Outdoor Bar and Beer Garden
    Restaurant with Outdoor Bar and Beer Garden

    133 S 2ND Street, Girard, IL 62640

    $350,000
    0.28 AC lot

    Brick restaurant with central air and forced-air heating, offering bar and gaming plus an outdoor beer garden.

    View details
    Freestanding Restaurant Building
    Freestanding Restaurant Building

    2841 Mansion Rd, Springfield, IL 62711

    Contact for pricing

    A 7,150 SF restaurant building on 1.25 acres at a signalized corner entry to a golf course subdivision.

    View details
    Profitable Restaurant & Bar on Route 66
    Profitable Restaurant & Bar on Route 66

    133 S 2ND Street, Girard, IL 62640

    Contact for pricing

    Established restaurant and bar with multiple revenue streams and gaming.

    View details

    Franklin, IL Conventional Restaurants Market Trends and Statistics

    Explore 2 conventional restaurants for sale in Franklin, IL on our real estate platform. These investment opportunities span a total of 3,120 square feet of properties for sale, with an estimated market value of $390,000.

    Sale prices for conventional restaurants in Franklin, IL average $195,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

    List
    Map

    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Bars & Pubs 2
    Conventional restaurants 2

    Demographics Overview

    Population 1,326
    Population Growth (5Y) -2.8%
    Median Household Income $80,395
    College Educated 20.5%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    62638 $195K

    Taxes & Financing

    Tax Rate (average for all types) 6.17%
    Property Tax per SF $44.85 per SF
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Morgan County

    New Delisted

    Need Help?

    Reach out if you need assistance with Realmo tools or have questions about your listings

    Contact Us

    Popular Searches in Franklin, IL

    Most Searched ZIP Codes in Franklin, IL

    • 62638

    Select Neighborhood

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!