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    Morton, IL
    Conventional Restaurant

    Morton, IL Conventional Restaurants for Sale

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    Pekin, IL East Peoria, IL Groveland, IL Washington, IL Peoria, IL Tremont, IL Deer Creek, IL Creve Coeur, IL
    Renovated Restaurant With Bar
    Updated: Feb 18
    Renovated Restaurant With Bar

    25 E Adams St, Morton, IL 61550

    $699,900
    4,084 sqft
    4,084 SF restaurant and bar facility
    Renovated in 2020 within a historic blacksmith shop structure
    Front dining room, bar, central activity area, carryout window, and rear kitchen
    Concrete patio provides additional outdoor dining area
    Commercial kitchen equipment remains in place
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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 Morton, 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.

    Mixed-Use Building with Rooftop Bar
    Mixed-Use Building with Rooftop Bar

    140 Washington Sq, Washington, IL 61571

    $4,900,000
    10,510 sqft

    Renovated hospitality and residential spaces combine restaurant, brew pub, rooftop, and short-term rental uses.

    View details
    Hibachi Restaurant with Sushi Bar
    Hibachi Restaurant with Sushi Bar

    1000 Riverside Dr, East Peoria, IL 61611

    Contact for pricing
    9,000 sqft 1.80 AC lot

    Freestanding dining property with multiple grill stations, a private dining room, lounge area, and dedicated sushi service.

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    Freestanding Drive-Through Restaurant
    Freestanding Drive-Through Restaurant

    200 Veterans Dr, East Peoria, IL 61611

    Contact for pricing
    2,779 sqft

    Standalone restaurant building with an existing drive-through configuration and equipment available.

    View details
    Mixed-Use Building with Rooftop Bar
    Mixed-Use Building with Rooftop Bar

    140 Washington Square, Washington, IL 61571

    $4,900,000
    0.11 AC lot

    Brick downtown property combines restaurant, brew pub, rooftop bar, and four short-term rental units.

    View details

    Morton, IL Conventional Restaurants Market Trends and Statistics

    Explore 1 conventional restaurants for sale in Morton, IL on our real estate platform. These investment opportunities span a total of 4,084 square feet of properties for sale, with an estimated market value of $699,900.

    Sale prices for conventional restaurants in Morton, IL average $699,900 — 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 2
    Bars & Pubs 1
    Commercial kitchens 1
    Conventional restaurants 1

    Demographics Overview

    Population 19K
    Population Growth (5Y) +5.1%
    Median Household Income $92,269
    College Educated 53.2%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    61550 $699.9K

    Taxes & Financing

    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Tazewell County

    New Delisted

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