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Downtown Restaurant with Retail Adjacency
For Sale
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1016 4th St, Fulton, IL 61252

Turnkey restaurant sale with included fixtures and an adjacent retail space plus income-producing apartment.

Property Size6,750 SF
Price / SF$54.07
Days on Market74

Property Features for 1016 4th St

General Information

Standard status Active
Size 6,750 SF
Property subtype Retail

Additional Details

Business Included Yes
Multifamily Units 1

Building Details

Year Built 1870
Listing Agency: Coldwell Banker Commercial Howes & Jefferies
Listed By: Dennis Lauver · License #B63532000
Source: Crexi
Added: May 30 Changed: Aug 8 Last Checked: Jul 23 at 1:07PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Coldwell Banker Commercial Howes & Jefferies

Investment Insights

Based on property information with market context.

This property is offered for sale and includes a successful restaurant operation with fixtures and equipment included, supporting an immediate transition for a new owner. In addition to the restaurant space, the offering includes the adjacent property with main floor retail space and an apartment on the second floor.

The apartment is a 1-bedroom, 1-bath unit that currently pays $600 per month and its gas and electric. The apartment lease is month to month as of 1/2026. There is also space on the second floor that could be used to create an additional apartment.

For a buyer looking for a mixed-use setup, this configuration combines a working restaurant with a separate main-floor retail component and residential income potential from the existing unit. The inclusion of restaurant fixtures and equipment can reduce the effort required to get the operation underway, while the available second-floor area offers flexibility for additional residential layout options. Contact the listing agent for the updated list of included equipment and for more details on the second-floor space.

Key Highlights

  • Successful restaurant in downtown Fulton with fixtures and equipment included
  • Adjacent property included: main‑floor retail space plus second‑floor apartment
  • 1‑bedroom, 1‑bath apartment pays $600/month and tenant pays gas and electric

Property Analytics

Current Use

Corner Treasures (Bike/Boat/Book/etc) Store Krumpets Restaurant & Bakery Bakery Gold Leaf Bakery

Suggested Use

Top Pick Real Estate Agency HVAC Service (Bike/Boat/Book/etc) Store Auto Parts Store Computer & Electronic Repair Kitchen & Bath Showroom

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

1
Residential units
Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

207
Businesses Nearby
Under-served
Demand for This Use

Demographics for 61252, IL

5,436
Population
2,772
Households
2
Avg Household Size
45
Median Age
19%
College-Educated
89%
High-School Grad
58.7 sq mi
ZIP Area
93
Density / Sq Mi
$62,202
Median Household Income
$40,943
Median Earnings
$946
Median Rent
$143,400
Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Turnkey restaurant sale with included fixtures and an adjacent retail space plus income-producing apartment.
Where is this conventional restaurant located?
The property is located at 1016 4th St Fulton, IL.
What is the asking price?
The asking price for this property is $365,000.
What are key features of this property?
This property features: Successful restaurant in downtown Fulton with fixtures and equipment included; Adjacent property included: main‑floor retail space plus second‑floor apartment; 1‑bedroom, 1‑bath apartment pays $600/month and tenant pays gas and electric
(563) 242-3265 Call to check price and availability
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