Building Details

Buildings 1

Listing Agency: Banga Realty Show Phone

Listed By: Hector F Magallanes · License #IN

Source: Crexi

Added: Apr 13 Changed: Aug 31 Last Checked: Aug 29 at 4:48PM

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Investment Insights

Based on property information with market context.

This conventional restaurant property includes separate lower- and upper-level components. The lower level contains a restaurant operation with a commercial kitchen and bar. Upstairs, a second bar serves a spacious area that can accommodate banquet, event, or other uses identified by the owner.

The building combines food-service infrastructure, multiple bar areas, and flexible gathering space within one property. Its existing configuration supports restaurant and event-oriented operations, subject to applicable approvals and requirements.

Key Highlights

• Lower level configured with a restaurant, commercial kitchen, and bar
• Upper level includes a second bar and spacious gathering area
• Existing layout supports banquet hall or event‑space use

Property Analytics

Property Profile

Current Use

Conventional restaurants

Suggested Use

Top Pick Storage Facility Furniture & Home Goods Grocery & Convenience Store Butcher Real Estate Agency Hair Salon

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

81

Businesses Nearby

9k

Monthly Visits Nearby

Well-served

Demand for This Use

Explore this area Business Placement

Foot Traffic Nearby

Shops & Services 100%

Casey's General Store Shops & Services

9,204 visits/mo 0.3 miles

Demographics for 61329, IL

1,266

Population

617

Households

2.1

Avg Household Size

42

Median Age

19%

College-Educated

91%

High-School Grad

2.1 sq mi

ZIP Area

603

Density / Sq Mi

$73,646

Median Household Income

$45,938

Median Earnings

$847

Median Rent

$123,600

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 - Restaurant building with commercial kitchen, bar areas, and an upper-level event space.

Where is this conventional restaurant located?

The property is located at 123 S Main Avenue Ladd, IL.

What are key features of this property?

This property features: Lower level configured with a restaurant, commercial kitchen, and bar; Upper level includes a second bar and spacious gathering area; Existing layout supports banquet hall or event‑space use