Conventional Restaurant

Franklin, IL Conventional Restaurants for Sale

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Restaurant with Beer Garden
Updated: May 7
Restaurant with Beer Garden

204 E Wyatt Street, Franklin, IL 62638

$195,000
Approximately 3,120 square feet of restaurant and bar space
6‑machine gaming area; owner licensing required
Dedicated party room for private gatherings
Outdoor beer garden and patio
Outdoor space wired for live music
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Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 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.

Restaurant With Upstairs Living Space
Restaurant With Upstairs Living Space

6141 Main Street, Salisbury, IL 62677

$324,900
3,936 sqft

Two-level property combines a guest-ready dining floor with private living accommodations and outdoor gathering areas.

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Two-Story Restaurant with Living Space
Two-Story Restaurant with Living Space

6141 MAIN Street, Salisbury, IL 62677

$324,900

B3-zoned property combines restaurant facilities with an upstairs residential layout and outdoor gathering areas.

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Restaurant-Ready Retail Building
Restaurant-Ready Retail Building

3434 Freedom Drive, Springfield, IL 62704

$1,250,000
1.32 AC lot

Restaurant-ready space in a high-visibility shopping center anchored by Super Walmart and Target.

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Double-Lane Drive-Through Restaurant
Double-Lane Drive-Through Restaurant

3100 W White Oaks Drive, Springfield, IL 62704

Contact for pricing

The 2023-built, single-tenant property is leased under an absolute NNN structure.

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Franklin, IL Conventional Restaurants Market Trends and Statistics

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

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.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Bars & Pubs 1
Conventional restaurants 1

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%

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