Conventional Restaurant

Jacksonville, IL Conventional Restaurants for Sale

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Banquet Hall With Attached Residence
Updated: Apr 20
Banquet Hall With Attached Residence

2142 Old State Road, Jacksonville, IL 62650

$345,000
7,444 sqft
Established banquet hall setup with main banquet hall (over 3,300 SF) plus adjacent 1,400 SF bar area
Total seating capacity for 304 guests with separate restroom facilities in the main hall and bar area
Commercial kitchen/prep support includes a walk‑in cooler and ample storage
Attached 2‑bedroom, 2‑bath residence area totaling 2,200 SF, including a 560 SF family room
Recent upgrades include a new walk‑in cooler compressor and new (3) AC units with central air
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Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Jacksonville, 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.

Turnkey Subway Restaurant Property
Turnkey Subway Restaurant Property

500 Buckeye Road, Pleasant Plains, IL 62677

$450,000
1,468 sqft

Turnkey Subway restaurant opportunity offered with both real estate and business, featuring a well-maintained interior and efficient layout.

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Subway Franchise Restaurant Opportunity
Subway Franchise Restaurant Opportunity

500 BUCKEYE Road, Pleasant Plains, IL 62677

$450,000
0.52 AC lot

Turnkey Subway franchise restaurant opportunity with real estate and business, featuring a well-maintained interior and efficient operational layout.

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Historic Hotel Conversion Opportunity
Historic Hotel Conversion Opportunity

104 S Hill Street, Winchester, IL 62694

$129,900
11,980 sqft

Historic Abe Lincoln Hotel offers plans for a 9-room hotel, restaurant, bar area, and outdoor event patio.

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Historic Hotel Rehabilitation Opportunity
Historic Hotel Rehabilitation Opportunity

104 South Hill Street, Winchester, IL 62694

$159,000

Historic hotel on the square in Winchester is ready for rehabilitation, with approved boutique conversion plans.

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Jacksonville, IL Conventional Restaurants Market Trends and Statistics

Explore 1 conventional restaurants for sale in Jacksonville, IL on our real estate platform. These investment opportunities span a total of 7,444 square feet of properties for sale, with an estimated market value of $345,000.

Sale prices for conventional restaurants in Jacksonville, IL start at $345,000, averaging $345,000, and reaching up to $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

Drive through restaurants 3
Commercial kitchens 1
Conventional restaurants 1

Demographics Overview

Population 24K
Population Growth (5Y) -9.1%
Median Household Income $64,137
College Educated 16.5%

Taxes & Financing

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Morgan County

New Delisted

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