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Restaurant with Commercial Kitchen
For Sale
Contact for pricing
Pending

1217 5th St, Lacon, IL 61540

Equipped food-service property includes a bar, fire suppression, and zoned heating and cooling.

Property SizeContact for details
Days on Market141

Property Features for 1217 5th St

General Information

Standard status Pending
Property subtype Retail

Additional Details

Business Included Yes
Utilities to Site Yes
Listing Agency: RE/MAX Traders Unlimited
Listed By: Mike O'Bryan · License #IL
Source: Crexi
Added: Apr 12 Changed: Aug 29 Last Checked: Apr 11 at 7:38PM

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 RE/MAX Traders Unlimited

Investment Insights

Based on property information with market context.

This restaurant property at 1217 5th St includes a fully equipped commercial kitchen, a bar with wares, fire-suppression equipment, and zoned heating and cooling. Electrical service includes 3-phase, 800-amp capacity, supported by a Caterpillar 75KW natural gas generator.

The property sits in a high-traffic area near the edge of an expanding industrial park. Nearby businesses and institutions include Unity Point, OBrien Steel, Hardin Industries, and KSR Prairie State Tractor. An additional 4.28 acres of tillable land is available, with infrastructure and utilities identified in connection with that offering.

Key Highlights

  • 3‑phase, 800‑amp electrical service
  • Caterpillar 75KW natural gas generator
  • Commercial kitchen with included equipment

Property Analytics

Current Use

Rita's Kitchen & Bar Restaurant Shazam Atm Atm

Suggested Use

Top Pick Real Estate Agency Building Supply Pharmacy Auto Parts Store Nail Salon 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.

Lease Details

Turnkey business
Opportunity
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

111
Businesses Nearby
8k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Shops & Services 85% Dining 15%
Dollar General Shops & Services
4,183 visits/mo 0.1 miles
BP Shops & Services
2,290 visits/mo 0.2 miles
SUBWAY Dining
1,178 visits/mo 0.2 miles

Demographics for 61540, IL

2,741
Population
1,298
Households
2.1
Avg Household Size
46
Median Age
19%
College-Educated
94%
High-School Grad
52.7 sq mi
ZIP Area
52
Density / Sq Mi
$74,519
Median Household Income
$40,735
Median Earnings
$803
Median Rent
$154,300
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
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Equipped food-service property includes a bar, fire suppression, and zoned heating and cooling.
Where is this conventional restaurant located?
The property is located at 1217 5th St Lacon, IL.
What are key features of this property?
This property features: 3‑phase, 800‑amp electrical service; Caterpillar 75KW natural gas generator; Commercial kitchen with included equipment
More about this property
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