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Knoxville, IL Conventional Restaurants for Sale

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East Galesburg, IL Galesburg, IL Gilson, IL

Established Restaurant with Entertainment Venue

$480,000

11,031 SF

Established Restaurant with Entertainment Venue

221 E MAIN Street, Knoxville, IL 61448

Well-established restaurant with indoor and outdoor entertainment venues.

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.

Updated: Sep 28, 2024

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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.

$1,300,000

25,000 SF

Thriving Golf Course and Supper Club

Turn-key 18-hole golf course, supper club, and banquet facility.

3901 Dixon Avenue, Rock Falls, IL 61071

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$299,000

2,500 SF

Established Restaurant in Downtown Rock

Turnkey restaurant with additional retail space and apartment potential.

201 West 2nd Street, Rock Falls, IL 61071

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$1,350,000

27,840 SF

Mixed-Use Building with Restaurant

Moline mixed-use building featuring a restaurant and apartments.

1320 5TH Avenue, Moline, IL 61265

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Downtown Moline Mixed-Use Redevelopment Opportunity

$349,000

24,000 SF

Downtown Moline Mixed-Use Redevelopment Opportunity

Four-story, 24,000 SF mixed-use building in thriving downtown corridor.

1409 5TH Avenue, Moline, IL 61265

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Knoxville, IL Conventional Restaurants Investment Opportunities Market Analysis

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, with an estimated market value of $480,000.

Sale prices for conventional restaurants in Knoxville, IL start at $480,000, averaging $480,000, and reaching up to $480,000 — 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

Demographics Overview

Population 3,906

Population Growth (5Y) +1.8%

Median Household Income $79,500

College Educated 28.9%

High-Yield Neighborhoods for Strategic Investment

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

Neighborhood	Average Price
61448	$480K

Taxes & Financing

Tax Rate (average for all types) 7.76%

Property Tax per SF $3.17 per sq ft

Average Loan-to-Value 65.0%

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Most Searched ZIP Codes in Knoxville, IL

61448

Knoxville, IL Conventional Restaurants for Sale

Established Restaurant with Entertainment Venue

Well-established restaurant with indoor and outdoor entertainment venues.