Conventional Restaurant

Vandalia, IL Conventional Restaurants for Sale

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Brownstown, IL Mulberry Grove, IL Patoka, IL Kinmundy, IL Alma, IL Saint Elmo, IL Saint Peter, IL Greenville, IL
Bar & Pub with Commercial Kitchen
Updated: Aug 24
Bar & Pub with Commercial Kitchen

204 W Gallatin Street, Vandalia, IL 62471

$179,000
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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Restaurant with Commercial Kitchen
Updated: Mar 28
Restaurant with Commercial Kitchen

204 W Gallatin Street, Vandalia, IL 62471

$179,000
3,240 sqft
3,240‑square‑foot restaurant property
Functioning commercial kitchen
Two walk‑in coolers
Storage areas
Built in 1960
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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.

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Based on your search, we've compiled 7 Potential Opportunities for your consideration. Besides 3 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.

Bar & Grill with Covered Patios
Bar & Grill with Covered Patios

483 E Us Highway 40, Altamont, IL 62411

$415,000
1.00 AC lot

An operating bar and grill combines dining, gaming, and entertainment areas with outdoor covered patios.

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Restaurant with Slot Machines
Restaurant with Slot Machines

2053 W Main Street, Salem, IL 62881

$989,000
0.67 AC lot

Brick restaurant with central air, rooftop equipment upgrades, commercial kitchen appliances, and an accessible ramp approach.

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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 and Grill Restaurant
Bar and Grill Restaurant

112 W Adams Avenue, Altamont, IL 62411

$579,000

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 3 conventional restaurants for sale in Vandalia, IL, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 6,530 square feet of properties for sale, with an estimated market value of $358,000.

Sale prices for conventional restaurants in Vandalia, IL average $179,000 — 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 3
Bars & Pubs 2
Commercial kitchens 1

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 $179K

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%

Total CRE Inventory on Market (SF)

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