Conventional Restaurant

Sterling, IL Conventional Restaurants for Sale

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Turnkey Bar and Grill with Patio
Updated: Jun 4
Turnkey Bar and Grill with Patio

707 Freeport Road, Sterling, IL 61081

$799,000
2.52 AC lot
1981‑built commercial bar and grill with central air and multiple comfort systems including five furnaces and 2 mini‑split units
Fully equipped commercial kitchen with walk‑in cooler and freezer, 18' hood system, multiple fryers, griddle, broiler, prep refrigeration, and stainless work areas
Includes gaming room with multiple gaming machines and pool tables, plus main dining area with booths, tables, and bar seating
Large outdoor patio approx. 29' x 35', and fireplace in the main seating area
Liquor room, office/camera room, employee restroom, jukebox, and basement storage with sump pumps
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Turnkey Bar and Grill Restaurant
Updated: Jun 3
Turnkey Bar and Grill Restaurant

707 Freeport Road, Sterling, IL 61081

$799,000
1981‑built commercial bar and grill with main dining, bar seating, and a dedicated gaming room
Fully equipped commercial kitchen with ~18' hood system, walk‑in cooler/freezer, and multiple fryers, griddle, and broiler
Large outdoor patio measuring approximately 29' x 35' plus liquor room, office/camera room, and employee restroom
Includes all furniture, equipment, inventory, and a fully stocked liquor and food supply
Comfort includes central A/C, 5 furnaces, and 2 mini‑split units
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Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 Active listings in Sterling, 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 in High Traffic Area
Turnkey Restaurant in High Traffic Area

201 W 2nd Street, Rock Falls, IL 61071

$249,000
1,000 sqft 0.06 AC lot

Established restaurant with additional retail space and apartment potential.

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Gas Station with Fast-Food Restaurant
Gas Station with Fast-Food Restaurant

2542 Stowmarket Ave, Rockford, IL 61108

Contact for pricing
8,000 sqft

Brand new gas station development with an 8,000 sq ft fast-food restaurant and multiple gasoline and diesel dispensers.

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Established Restaurant in Downtown Rock
Established Restaurant in Downtown Rock

201 West 2nd Street, Rock Falls, IL 61071

$249,000
2,500 sqft

Turnkey restaurant with additional retail space and apartment potential.

View details
Mixed-Use Waterfront Development Building
Mixed-Use Waterfront Development Building

220 North Water Street, Rockford, IL 61107

$1,675,000
20,978 sqft

Large waterfront building with 132 feet of Rock River shoreline and recent exterior upgrades, ready for redevelopment.

View details

Sterling, IL Conventional Restaurants Market Trends and Statistics

Explore 2 conventional restaurants for sale in Sterling, 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 $1,598,000.

Sale prices for conventional restaurants in Sterling, IL start at $799,000, averaging $799,000, and reaching up to $799,000 — 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

Commercial property segments ranked by active listings on the market

Bars & Pubs 2
Commercial kitchens 2
Conventional restaurants 2

Demographics Overview

Population 21K
Population Growth (5Y) -1.0%
Median Household Income $60,854
College Educated 28.4%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
61081 $799K

Taxes & Financing

Tax Rate (average for all types) 8.58%
Tax Rate vs County Average 0.04 pp below county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Whiteside County

New Delisted

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