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    Knoxville, IL
    Conventional Restaurant

    Knoxville, IL Conventional Restaurants for Sale

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    Galesburg, IL Carbondale, IL Gilson, IL Dahinda, IL Wataga, IL Abingdon, IL Maquon, IL London Mills, IL
    Established Restaurant with Entertainment Venue
    Updated: Sep 28, 2024
    Established Restaurant with Entertainment Venue

    221 E MAIN Street, Knoxville, IL 61448

    Contact for pricing
    11,031 sqft
    Established restaurant with a strong reputation.
    Region’s largest covered outdoor Sound Garden, accommodating over 500 guests, ideal for live music and events.
    Substantial 11,000+ square feet of building space** offering expansion or subdivision possibilities.
    Includes both indoor and outdoor venues.
    Turnkey business opportunity with immediate income potential.**
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    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 5 Potential Opportunities for your consideration. Besides 1 Active listings in Knoxville, 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.

    Triple-Net Restaurant Investment
    Triple-Net Restaurant Investment

    1966 N. Henderson Street, Galesburg, IL 61401

    Contact for pricing
    5,107 sqft 1.14 AC lot

    Applebee’s restaurant building on approximately 1.14 acres, held under a 15-year triple-net lease with 13.16 years remaining.

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    Established Conventional Restaurant
    Established Conventional Restaurant

    420 S Main Street, Kewanee, IL 61443

    $499,900

    Fully equipped operation with dining, kitchen, and beverage-service infrastructure already in place.

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    Turn-Key Drive-Through Restaurant
    Turn-Key Drive-Through Restaurant

    618 Tenney St, Kewanee, IL 61443

    Contact for pricing

    Former Broken Chimney restaurant offers over 300 seats and a drive-up window for turn-key operations.

    View details
    Galesburg Restaurant Opportunity
    Galesburg Restaurant Opportunity

    1160 W MAIN Street, Galesburg, IL 61401

    Contact for pricing

    Turnkey restaurant ready for new owner in Galesburg, IL.

    View details

    Knoxville, IL Conventional Restaurants Market Trends and Statistics

    Explore 1 conventional restaurants for sale in Knoxville, IL on our real estate platform. These investment opportunities span a total of 11,031 square feet of properties for sale.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Conventional restaurants 1
    Drive through restaurants 1

    Demographics Overview

    Population 3,906
    Population Growth (5Y) +1.8%
    Median Household Income $79,500
    College Educated 28.9%

    Taxes & Financing

    Tax Rate (average for all types) 7.76%
    Property Tax per SF $3.17 per SF
    Average Loan-to-Value 65.0%

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