Building Details

Year Built 1900

Buildings 1

Stories 1

Units 1

Listing Agency: Keller Williams The Real Estate Center of Illinois a***@roderickrealtyteam.com Show Phone

Listed By: Angela Roderick · License #475184554

Source: Crexi

Added: Feb 13 Changed: Aug 8 Last Checked: Aug 20 at 6:33PM

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Investment Insights

Based on property information with market context.

Located in Gibson City, this commercial space offers a prime opportunity for various ventures. The property features a commercial kitchen and the option to purchase existing equipment. The space is suitable for a dining venture, coffee shop, or catering business. The property size is 3500 square feet.

Key Highlights

• Prime commercial space in the heart of Gibson City.
• Includes a commercial kitchen.
• Option to purchase existing equipment.

Property Analytics

Property Profile

Current Use

Commercial kitchens

Suggested Use

Top Pick Real Estate Agency HVAC Service Building Supply Dental Office Grocery & Convenience Store Bakery

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

Location Intelligence

Trade Area within ½ mile

337

Businesses Nearby

20k

Monthly Visits Nearby

Under-served

Demand for This Use

Explore this area Business Placement

Foot Traffic Nearby

Shops & Services 60% Dining 24% Home Improvements & Furnishings 16%

Gibson City #1 Shops & Services

6,483 visits/mo 0.3 miles

Dollar General Shops & Services

5,713 visits/mo 0.1 miles

Neighborhood Ace Hardware Home Improvements & Furnishings

3,264 visits/mo 0.2 miles

SUBWAY Dining

2,702 visits/mo 0.5 miles

Monical's Pizza Dining

2,270 visits/mo 0.5 miles

Demographics for 60936, IL

4,315

Population

1,914

Households

2.3

Avg Household Size

45

Median Age

17%

College-Educated

88%

High-School Grad

97.2 sq mi

ZIP Area

44

Density / Sq Mi

$51,952

Median Household Income

$40,645

Median Earnings

$802

Median Rent

$151,000

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

Questions? Ask Rey

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What type of property is this? Where is this restaurants located? What is the asking price? Find similar properties ... What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Restaurant - Commercial space with kitchen, ideal for restaurant or coffee shop.

Where is this restaurant located?

The property is located at 109 W 8th St Gibson City, IL.

What is the asking price?

The asking price for this property is $280,000.

What are key features of this property?

This property features: Prime commercial space in the heart of Gibson City.; Includes a commercial kitchen.; Option to purchase existing equipment.