Turn-Key Restaurant with 270
For Sale
Contact for pricing
118 10th Ave W, Milan, IL 61264
Turn-key restaurant in Milan, IL with 270 seats, a gaming area, and a private party area plus 80 parking spaces.
Property SizeContact for details
Lot Size1.51 Acres
Days on Market120
Property Features for 118 10th Ave W
General Information
Standard status
Active
Total Parking Spaces
80
Lot size
1.51 Acres
Property subtype
Retail
Additional Details
Furnished
Yes
Business Included
Yes
Amenities
gaming area
private party area
Listing Agency:
Keller Williams 1Advantage
Listed By:
Jerry Wolking · License #B44540000
Source:
Crexi
Added: Apr 11
Changed: Aug 8
Last Checked: Jul 23 at 9:05AM
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 Keller Williams 1Advantage
Investment Insights
Based on property information with market context.
Turn-key restaurant opportunity at 118 10th Ave W in Milan, IL, offered as a well-established, open and operating business. The space is fully furnished and equipped, with a seating capacity of 270. Concept features include a gaming area and a private party area, and the sale includes fixtures, furnishings, and equipment.
The property includes 80 well-lit parking spaces with easy ingress and egress, supporting day-to-day customer access. The outdoor lot totals 1.51 acres, providing room for future expansion.
Included operational items comprise an ice maker, dishwasher, parking lot lights, and a water softener, with those specific components noted as leased. Seller financing is also available to qualified buyers.
The property includes 80 well-lit parking spaces with easy ingress and egress, supporting day-to-day customer access. The outdoor lot totals 1.51 acres, providing room for future expansion.
Included operational items comprise an ice maker, dishwasher, parking lot lights, and a water softener, with those specific components noted as leased. Seller financing is also available to qualified buyers.
Key Highlights
- Turn‑key restaurant business in Milan, IL with 270 seating capacity, gaming area, and private party area
- Sale includes fixtures, furnishings, and equipment, plus fully furnished and equipped operations
- 80 well‑lit parking spaces with easy ingress and egress
Property Analytics
Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
330
Businesses Nearby
89k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Groceries 51%
Shops & Services 29%
Dining 17%
Electronics 3%
Hy-Vee
Groceries
45,467 visits/mo
0.2 miles
Dollar Tree
Shops & Services
11,923 visits/mo
0.3 miles
Shell
Shops & Services
5,198 visits/mo
0.1 miles
Taco John's
Dining
4,992 visits/mo
0.1 miles
Happy Joe's
Dining
4,680 visits/mo
0.2 miles
Demographics for 61264, IL
10,157
Population
4,978
Households
2
Avg Household Size
47
Median Age
23%
College-Educated
91%
High-School Grad
68.9 sq mi
ZIP Area
147
Density / Sq Mi
$78,285
Median Household Income
$50,389
Median Earnings
$832
Median Rent
$147,700
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
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Frequently Asked Questions
What type of property is this?
Conventional restaurant - Turn-key restaurant in Milan, IL with 270 seats, a gaming area, and a private party area plus 80 parking spaces.
Where is this conventional restaurant located?
The property is located at 118 10th Ave W Milan, IL.
What are key features of this property?
This property features: Turn‑key restaurant business in Milan, IL with 270 seating capacity, gaming area, and private party area; Sale includes fixtures, furnishings, and equipment, plus fully furnished and equipped operations; 80 well‑lit parking spaces with easy ingress and egress
