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    Varna, IL
    Conventional Restaurant

    Varna, IL Conventional Restaurants for Sale

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    Lacon, IL Toluca, IL Magnolia, IL Washburn, IL Lowpoint, IL Wenona, IL Sparland, IL Chillicothe, IL
    Turn-Key Restaurant with Adjoining Bar
    Updated: Feb 18
    Turn-Key Restaurant with Adjoining Bar

    506 Main Street, Varna, IL 61375

    $59,000
    3,640 sqft
    Custom remodeled restaurant with an adjoining fully equipped bar built in 2021, including FF&E and a walk‑in fridge.
    Property includes restaurant and bar equipment, supplies, and business items; full included item list available through the MLS.
    Major updates completed in 2021 include insulation, plumbing, electrical, roof, and heating and cooling.
    Multiple functional space with dining area that can support uses such as private parties, banquets, and live bands.
    Two separate property pin numbers allow purchase together or separated.
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    Turnkey Bar and Restaurant Building
    Updated: Feb 18
    Turnkey Bar and Restaurant Building

    504 Main Street, Varna, IL 61375

    $79,000
    3,120 sqft
    Custom remodeled bar/restaurant developed in 2021 with two separate property pin numbers
    Includes in‑place bar seating plus bar equipment, supplies, and business items (FF&E); full list available via MLS
    40' custom built stained and lacquered bar top with multi lighting and controls
    Security and video surveillance technology included, plus separate gaming room
    2021 upgrades include walk‑in fridge, insulation, plumbing, electrical, roof, and heating/cooling
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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 Active listings in Varna, 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.

    Hard Corner Retail Building
    Hard Corner Retail Building

    2422 N North Street, Peoria, IL 61604

    $330,000
    4,085 sqft 0.26 AC lot

    Corner retail building with entrances on both North and McClure, currently leased to a barber and a restaurant.

    View details
    Turnkey Restaurant and Cafe
    Turnkey Restaurant and Cafe

    5805 N Knoxville Avenue, Peoria, IL 61614

    $1,600,000
    0.68 AC lot

    Multi-revenue restaurant with bar and take-away, plus a separate cafe/market entrance, fully remodeled and ready to operate.

    View details
    Waterfront Marina and Restaurant Property
    Waterfront Marina and Restaurant Property

    1109-1111 Sunset Drive, East Peoria, IL 61611

    $1,100,000
    4,839 sqft 26.80 AC lot

    26.8-acre waterfront offering a 2019 vacation rental home, a marina with boat ramp and beach, and a restaurant/bar building.

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    Drive-Thru Restaurant Building
    Drive-Thru Restaurant Building

    245 FARMDALE RD, East Peoria, IL 61611

    $589,000
    1,500 sqft 1.06 AC lot

    Former QSR drive-thru building on a 1.06-acre lot with ample parking and strong visibility.

    View details

    Varna, IL Conventional Restaurants Market Trends and Statistics

    Explore 2 conventional restaurants for sale in Varna, IL on our real estate platform. These investment opportunities span a total of 6,760 square feet of properties for sale, with an estimated market value of $138,000.

    Sale prices for conventional restaurants in Varna, IL start at $59,000, averaging $69,000, and reaching up to $79,000 — 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 1
    Conventional restaurants 1

    Demographics Overview

    Population 1,223
    Population Growth (5Y) +5.7%
    Median Household Income $78,462
    College Educated 18.1%

    Taxes & Financing

    Tax Rate (average for all types) 12.40%
    Property Tax per SF $26.64 per SF
    Average Loan-to-Value 65.0%

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