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    Shelbyville, IL
    Conventional Restaurant

    Shelbyville, IL Conventional Restaurants for Sale

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    Turnkey Restaurant With Income Apartments
    Updated: Nov 14, 2025
    Turnkey Restaurant With Income Apartments

    114 E Main St, Shelbyville, IL 62565

    $289,900
    Turnkey downtown restaurant with a spacious, open main dining room plus a separate private dining room
    Fully equipped commercial kitchen with major appliances and prep stations included
    Bar area offers abundant seating for patrons to gather before or after meals
    Upstairs includes 2 income‑producing apartments, both currently rented
    Street parking in front and a parking lot behind the building for guests and tenants
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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 Shelbyville, 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.

    Bar & Pub with Commercial Kitchen
    Bar & Pub with Commercial Kitchen

    204 W Gallatin Street, Vandalia, IL 62471

    $225,000
    0.19 AC lot

    Existing food-and-beverage improvements include commercial cooking infrastructure, cold storage, and dedicated storage areas.

    View details
    Historic Downtown Restaurant Building
    Historic Downtown Restaurant Building

    114 W MARKET Street, Taylorville, IL 62568

    $674,000

    Upper-level dining space includes a bar and views toward the courthouse and town square.

    View details
    Turn Key Restaurant For Sale
    Turn Key Restaurant For Sale

    102 E Park St, Taylorville, IL 62568

    Contact for pricing
    7,112 sqft 0.99 AC lot

    Restaurant in high traffic area with two lots.

    View details
    Absolute NNN Restaurant Leasehold
    Absolute NNN Restaurant Leasehold

    2737 Veterans Ave, Vandalia, IL 62471

    Contact for pricing
    3,290 sqft 1.17 AC lot

    Absolute NNN lease with over 14 years remaining and scheduled rental escalations plus renewal options for a single-tenant restaurant concept.

    View details

    Shelbyville, IL Conventional Restaurants Market Trends and Statistics

    Explore 1 conventional restaurants for sale in Shelbyville, IL on our real estate platform.

    Sale prices for conventional restaurants in Shelbyville, IL average $289,900 — 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

    Conventional restaurants 1

    Demographics Overview

    Population 7,422
    Population Growth (5Y) +5.7%
    Median Household Income $61,722
    College Educated 26.8%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    62565 $289.9K

    Taxes & Financing

    Tax Rate (average for all types) 8.04%
    Property Tax per SF $86.06 per SF
    Average Loan-to-Value 65.0%

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