Conventional Restaurant

Sparta, IL Conventional Restaurants for Sale

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Carbondale, IL Tilden, IL Steeleville, IL Baldwin, IL Marissa, IL Cutler, IL Evansville, IL Ellis Grove, IL
Downtown Brick Restaurant Building
Updated: Jul 7, 2025
Downtown Brick Restaurant Building

160 W Broadway, Sparta, IL 62286

$175,000
Brick commercial building with 3,800 SF of space
Previously used as a restaurant and includes restaurant equipment
New roof installed in 2025
Some equipment items are new as of 2025
Downtown Sparta location in the downtown district
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Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Sparta, 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.

Downtown Mixed-Use Corner Building
Downtown Mixed-Use Corner Building

1926 W Main Street, Belleville, IL 62226

$444,000
0.20 AC lot

Brick mixed-use corner property with leased ground-floor restaurant and two apartments above.

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Turnkey Restaurant with Bar
Turnkey Restaurant with Bar

950 Sainte Genevieve Dr, Ste Genevieve, MO 63670

$375,000
3,213 sqft

Established restaurant sale includes dining area, full basement, kitchen equipment, and a paved parking lot.

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Restaurant Building with Commercial Kitchen
Restaurant Building with Commercial Kitchen

21962 Highway 32, Ste Genevieve, MO 63670

$570,000
1,851 sqft

Restaurant property for sale featuring a commercial kitchen setup on GPS-friendly Highway 32 in Ste. Genevieve County.

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Restaurant Building on Carlyle Avenue
Restaurant Building on Carlyle Avenue

601 Carlyle Avenue, Belleville, IL 62221

$299,000
2,600 sqft

2,600 SF restaurant building for sale on Carlyle Avenue.

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Sparta, IL Conventional Restaurants Market Trends and Statistics

Explore 1 conventional restaurants for sale in Sparta, IL on our real estate platform. These investment opportunities span a total of 0 square feet of properties for sale, with an estimated market value of $175,000.

Sale prices for conventional restaurants in Sparta, IL start at $175,000, averaging $175,000, and reaching up to $175,000 — 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 5,482
Population Growth (5Y) -10.3%
Median Household Income $64,118
College Educated 25.6%

Taxes & Financing

Tax Rate (average for all types) 9.30%
Tax Rate vs County Average 2.43 pp above county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Randolph County

New Delisted

Total CRE Inventory on Market (SF)

Average Property Price per SF

For-sale pricing trends across core commercial property types in Randolph County

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