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    Godfrey, IL
    Conventional Restaurant

    Godfrey, IL Conventional Restaurants for Sale

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    Alton, IL Cottage Hills, IL East Alton, IL Jerseyville, IL Brighton, IL Bethalto, IL Dow, IL Wood River, IL
    Restaurant Storefront For Sale
    Updated: Jun 4
    Restaurant Storefront For Sale

    2720 Grovelin Street, Godfrey, IL 62035

    $45,900
    Breakfast and diner‑style restaurant storefront for sale at 2720 Grovelin Street in Godfrey, Illinois
    Built in 1983
    Central air and forced‑air heating
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    See hot listings in Godfrey

    Scored against comparables nationwide. These are worth a look.

    Scored against comparables nationwide. These are worth a look.

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    Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Godfrey, 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.

    Three-Level Irish Pub with Living Space
    Three-Level Irish Pub with Living Space

    200 State Street, Alton, IL 62002

    $549,000
    0.03 AC lot

    Operating bar and dining venue with a commercial kitchen, furnished guest area, and private upper-level quarters.

    View details
    Mixed-Use Building with Patio
    Mixed-Use Building with Patio

    140 N MAIN Street, Edwardsville, IL 62025

    $1,025,000
    0.10 AC lot

    Brick commercial property with office space, a bar area, outdoor patio, and separate upper-level lounge space.

    View details
    Restaurant Property with Drive-Up Window
    Restaurant Property with Drive-Up Window

    1100 S State Route 157, Edwardsville, IL 62025

    $1,350,000
    4,224 sqft 1.03 AC lot

    Existing restaurant improvements include a kitchen, dining area, patio, and customer parking.

    View details
    Mixed-Use Building with Patio
    Mixed-Use Building with Patio

    119 W 3rd Street, Alton, IL 62002

    $699,000
    0.06 AC lot

    Brick property combines commercial space with four residential apartments.

    View details

    Godfrey, IL Conventional Restaurants Market Trends and Statistics

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

    Sale prices for conventional restaurants in Godfrey, IL average $45,900 — 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

    Conventional restaurants 2
    Commercial kitchens 1

    Demographics Overview

    Population 16K
    Population Growth (5Y) -3.7%
    Median Household Income $91,696
    College Educated 43.8%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    62035 $49.5K

    Taxes & Financing

    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Madison County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Madison County

    Office

    Residential Income

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