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Established Restaurant Business For Sale
For Sale
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1112 E CHESTNUT Street, Canton, IL 61520

Turnkey restaurant with equipment, fixtures, and furnishings included.

Property SizeContact for details
Days on Market193

Property Features for 1112 E CHESTNUT Street

General Information

Standard status Active
Property subtype Retail
Zoning R-3
Listing Agency: Rhoades Real Estate & Land Auction Services, Inc.
Listed By: Samantha Braden · License #IL
Source: Crexi
Added: Feb 9 Changed: Aug 8 Last Checked: Aug 8 at 3:12PM

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 Rhoades Real Estate & Land Auction Services, Inc.

Investment Insights

Based on property information with market context.

This is a long-standing, successful restaurant business with an established clientele. The property includes all equipment, fixtures, and furnishings. Newer equipment includes an ice machine, pizza oven, steam tables, and two deep freezers. The property has been well maintained, presenting opportunities for a new owner. The intended use of this property is for restaurant operations.

Key Highlights

  • Established, successful business with existing clientele.
  • Includes all equipment, fixtures, and furnishings.
  • Newer ice machine, pizza oven, steam tables, and 2 new deep freezes.

Property Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick Real Estate Agency Law Firm HVAC Service Kitchen & Bath Showroom Plumbing Service (Bike/Boat/Book/etc) Store

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

176
Businesses Nearby
Under-served
Demand for This Use

Demographics for 61520, IL

16,156
Population
7,301
Households
2.2
Avg Household Size
43
Median Age
16%
College-Educated
89%
High-School Grad
152.0 sq mi
ZIP Area
106
Density / Sq Mi
$56,618
Median Household Income
$35,240
Median Earnings
$814
Median Rent
$116,200
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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Turnkey restaurant with equipment, fixtures, and furnishings included.
Where is this conventional restaurant located?
The property is located at 1112 E CHESTNUT Street Canton, IL.
What is the asking price?
The asking price for this property is $225,000.
What are key features of this property?
This property features: Established, successful business with existing clientele.; Includes all equipment, fixtures, and furnishings.; Newer ice machine, pizza oven, steam tables, and 2 new deep freezes.
More about this property
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