Conventional Restaurant

Vandalia, IL Conventional Restaurants for Sale

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Brownstown, IL Ramsey, IL Alma, IL Saint Elmo, IL Patoka, IL Saint Peter, IL Greenville, IL Carlyle, IL
Bar & Pub with Commercial Kitchen
Updated: Jul 21
Bar & Pub with Commercial Kitchen

204 W Gallatin Street, Vandalia, IL 62471

$225,000
0.19 AC lot
Fully functioning commercial kitchen
Two walk‑in coolers
Storage areas throughout the property
Block construction completed in 1960
Forced‑air heating and central air conditioning
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Absolute NNN Restaurant Leasehold
Updated: Jan 20
Absolute NNN Restaurant Leasehold

2737 Veterans Ave, Vandalia, IL 62471

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3,290 sqft 1.17 AC lot
Over 14 years remaining on the initial 20‑year absolute NNN lease
7.00% rental escalations every 5 years plus two 5‑year renewal options
1.17‑acre lot with prominent visibility on US‑40/Veterans Avenue
11,116 CPD on US‑40/Veterans Avenue
33,503 CPD with additional exposure just south of I‑70
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Bar and Pub with Commercial Kitchen
Bar and Pub with Commercial Kitchen

204 W Gallatin Street, Vandalia, IL 62471

$225,000

Includes two walk-in coolers and dedicated storage for food-and-beverage operations.

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Two-Tenant Restaurant Center
Two-Tenant Restaurant Center

7 Mattes Ave, Vandalia, IL 62471

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5,000 sqft

Furnished restaurant suites include gaming equipment and rights to a liquor license.

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Based on your search, we've compiled 8 Potential Opportunities for your consideration. Besides 4 Active listings in Vandalia, 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 with Slot Machines
Turnkey Restaurant with Slot Machines

2053 W Main Street, Salem, IL 62881

$989,000
0.67 AC lot

Brick restaurant with central air, electric heat, ramp access, and slot machines on a high-traffic State Highway 50 site.

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Conventional Restaurant with Central Air
Conventional Restaurant with Central Air

2053 W Main Street, Salem, IL 62881

$989,000

Commercial kitchen includes gas cooking equipment, stainless steel appliances, refrigeration, and exhaust ventilation.

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Bar & Grill with Private Room
Bar & Grill with Private Room

112 W. Adams Ave, Altamont, IL 62411

Contact for pricing
9,900 sqft

Established bar and grill with a private event room and an upstairs apartment currently rented.

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Bar and Grill Restaurant
Bar and Grill Restaurant

112 W Adams Avenue, Altamont, IL 62411

$679,000

Bar and grill with a rented upstairs apartment and a private room for events.

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Vandalia, IL Conventional Restaurants Market Trends and Statistics

Explore 4 conventional restaurants for sale in Vandalia, IL, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 8,290 square feet of properties for sale, with an estimated market value of $450,000.

Sale prices for conventional restaurants in Vandalia, IL average $225,000 — 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

Conventional restaurants 5
Bars & Pubs 3
Commercial kitchens 2

Demographics Overview

Population 10K
Population Growth (5Y) -0.5%
Median Household Income $58,810
College Educated 26.9%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
62471 $225K

Taxes & Financing

Tax Rate (average for all types) 8.24%
Tax Rate vs County Average 1.02 pp above county avg
Average Loan-to-Value 65.0%

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