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    Knoxville, IL
    Conventional Restaurant

    Knoxville, IL Conventional Restaurants for Sale

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    Galesburg, IL East Galesburg, IL Carbondale, IL Gilson, IL Dahinda, IL Wataga, IL Abingdon, IL Victoria, 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.

    Freestanding Restaurant and Brewery
    Freestanding Restaurant and Brewery

    230 Conference Center Drive, East Peoria, IL 61611

    $2,999,000
    9,135 sqft

    Custom-built restaurant with an open-view brewery tank area, open-view kitchen, mezzanine, and outdoor river-view seating.

    View details
    Logan's Roadhouse Restaurant
    Logan's Roadhouse Restaurant

    240 Conference Center Dr, East Peoria, IL 61611

    Contact for pricing
    7,268 sqft

    Commercially zoned restaurant property with an established operating profile.

    View details
    Freestanding Restaurant with FF&E
    Freestanding Restaurant with FF&E

    7723 N University St, Peoria, IL 61615

    $350,000
    0.65 AC lot

    The property includes restaurant equipment, bar fixtures, and a covered outdoor seating area.

    View details
    Freestanding Drive-Through Restaurant
    Freestanding Drive-Through Restaurant

    8905 N Allen Rd, Peoria, IL 61615

    $1,150,000

    Former quick-service facility includes kitchen equipment and an existing drive-through.

    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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