Conventional Restaurant

Gibson City, IL Conventional Restaurants for Sale

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Saybrook, IL Fisher, IL Anchor, IL Strawn, IL Ludlow, IL Colfax, IL Paxton, IL Rantoul, IL
Restaurant Property with Commercial Kitchen
Updated: Oct 16
Restaurant Property with Commercial Kitchen

109 W 8th Street, Gibson City, IL 60936

$269,900
0.08 AC lot
Commercial kitchen with optional existing equipment
0.0803‑acre lot at 109 W 8th Street in downtown Gibson City
Built in 1900; central air conditioning
Brick, wood, and vinyl siding with a membrane roof
Zoned COMMR
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Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Gibson City, 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.

Freestanding Grocery and Convenience Store
Freestanding Grocery and Convenience Store

306 W Springfield Ave W, Urbana, IL 61801

$1,250,000
9,800 sqft 0.75 AC lot

Food retail facility with refrigeration, frozen storage, bakery, kitchen, and café areas.

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Downtown Grocery Market
Downtown Grocery Market

306 W Springfield Avenue W, Urbana, IL 61801

$1,250,000
0.61 AC lot

Freestanding commercial facility includes refrigeration, frozen storage, bakery, kitchen, and café areas.

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Restaurant and Residential Building
Restaurant and Residential Building

10 E CHESTER ST, Champaign, IL 61820

Contact for pricing
7,000 sqft

Two-level property combines an established restaurant with a large two-bedroom residential unit.

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Drive-Through Restaurant Portfolio
Drive-Through Restaurant Portfolio

1903 Convenience Place, Champaign, IL 61820

Contact for pricing
15,186 sqft

Three Panera Bread locations offered with corporate-guaranteed NN lease terms through 2033 and scheduled rent increases.

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Gibson City, IL Conventional Restaurants Market Trends and Statistics

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

Sale prices for conventional restaurants in Gibson City, IL average $269,900 — 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

Commercial kitchens 1
Conventional restaurants 1

Demographics Overview

Population 4,260
Population Growth (5Y) +3.8%
Median Household Income $51,952
College Educated 23.8%

Taxes & Financing

Tax Rate (average for all types) 8.00%
Property Tax per SF $95.82 per SF
Average Loan-to-Value 65.0%

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