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Turn-Key Restaurant and Bar
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1309 East Washington Street, Urbana, IL 61802

Turn-key restaurant and bar available for sale in Urbana, IL.

Property Size4,923 SF
Price / SF$76.17
Days on Market59

Property Features for 1309 East Washington Street

General Information

Standard status Active
Size 4,923 SF
Class A
Total Parking Spaces 36
Property subtype Retail
Zoning Commercial
Investment Type Owner/User

Building Details

Year Built 1973
Units 1
Listing Agency: Keller Williams Realty - Champaign
Listed By: Michael Kennedy · License #475121945
Source: Crexi
Added: Jul 11 Changed: Sep 2 Last Checked: Sep 7 at 3:16AM

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 Realty - Champaign

Investment Insights

Based on property information with market context.

This property is a turn-key restaurant and bar offering, presented as ready to operate based on the information provided. It is marketed as a conventional restaurant concept with bar service included, making it a straightforward option for buyers seeking an existing hospitality setup.

The asset is located at 1309 East Washington Street in Urbana, Illinois 61802. It is listed for sale at $475,000 and is identified in the remarks as a complete, turn-key restaurant and bar package.

No additional details regarding seating count, layout, equipment list, or condition are included in the provided information.

Key Highlights

  • Turn‑key restaurant and bar available for sale in Urbana, IL
  • Year built: 1973

Property Analytics

Current Use

90's Daughter Music Venue Boomerangs Bar & Grill Bar & Pub

Suggested Use

Top Pick Real Estate Agency Dental Office Spa & Massage Center Restaurant Nail Salon Skin Care Clinic

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

465
Businesses Nearby
17k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 76% Dining 13% Electronics 11%
Marathon Shops & Services
6,061 visits/mo 0.5 miles
Shell Shops & Services
3,750 visits/mo 0.2 miles
Family Dollar Shops & Services
3,041 visits/mo 0.0 miles
Papa John's Pizza Dining
2,200 visits/mo 0.5 miles
T-Mobile Electronics
1,886 visits/mo 0.5 miles

Demographics for 61802, IL

19,460
Population
10,066
Households
1.9
Avg Household Size
39
Median Age
38%
College-Educated
92%
High-School Grad
82.1 sq mi
ZIP Area
237
Density / Sq Mi
$58,588
Median Household Income
$40,600
Median Earnings
$996
Median Rent
$158,300
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
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Similar Off Market Nearby

  • Sunny China Buffet 1703 Philo Rd, Urbana, IL 61802

Frequently Asked Questions

What type of property is this?
Conventional restaurant - Turn-key restaurant and bar available for sale in Urbana, IL.
Where is this conventional restaurant located?
The property is located at 1309 East Washington Street Urbana, IL.
What is the asking price?
The asking price for this property is $375,000.
What are key features of this property?
This property features: Turn‑key restaurant and bar available for sale in Urbana, IL; Year built: 1973
More about this property
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