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    Milford, IL
    Conventional Restaurant

    Milford, IL Conventional Restaurants for Sale

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    Watseka, IL Hoopeston, IL Crescent City, IL Onarga, IL Gilman, IL Rankin, IL Kentland, IN Boswell, IN
    Turnkey Restaurant with Drive-Thru
    Updated: Aug 16, 2023
    Turnkey Restaurant with Drive-Thru

    101 N Chicago Street, Milford, IL 60953

    $145,000
    1,900 sqft
    Turnkey restaurant with rehabbed interior and seller to leave everything, including inventory
    1900 SF restaurant with dining seating for 40 and warm wood dining area with ceramic tile floors
    Separate room with private entrance for anticipated gaming stations; gaming and liquor licenses available
    New drive‑thru window plus walk‑in cooler and 7 freezers; storage throughout
    Kitchen equipment included: grill, fryers, 4 microwaves, and pizza oven
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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, 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 Milford, 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 Restaurant and Event Space
    Turnkey Restaurant and Event Space

    622 Main St, Lafayette, IN 47901

    $1,575,000
    21,000 sqft

    Turnkey restaurant/bar within a three-story brick building featuring a dedicated banquet facility on the second floor.

    View details
    Banquet Hall and Catering Service
    Banquet Hall and Catering Service

    209 W Oak Street, Watseka, IL 60970

    $134,900

    Banquet hall and catering service with licensed kitchen for sale.

    View details
    Multi-Level Restaurant Building
    Multi-Level Restaurant Building

    221 N 4th St, Lafayette, IN 47901

    Contact for pricing

    Recently renovated restaurant space with two full bars, draft lines to basement storage, and outdoor seating.

    View details
    Turn-Key Pizza and Sandwich Restaurant
    Turn-Key Pizza and Sandwich Restaurant

    807 West Lafayette Street, Watseka, IL 60970

    Contact for pricing

    Completely renovated restaurant with dining area and bar, drive-thru window, full kitchen, and walk-in cooler.

    View details

    Milford, IL Conventional Restaurants Market Trends and Statistics

    Explore 1 conventional restaurants for sale in Milford, IL on our real estate platform. These investment opportunities span a total of 1,900 square feet of properties for sale, with an estimated market value of $145,000.

    Sale prices for conventional restaurants in Milford, IL start at $145,000, averaging $145,000, and reaching up to $145,000 — 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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    Demographics Overview

    Population 2,141
    Population Growth (5Y) -12.6%
    Median Household Income $55,662
    College Educated 26.5%

    Taxes & Financing

    Tax Rate (average for all types) 8.86%
    Tax Rate vs County Average 0.02 pp below county avg
    Average Loan-to-Value 65.0%

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