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Restaurant on Illinois & Michigan Canal
New
For Sale
$878,000

148 Mill Street, Utica, IL 61373

COMMERCIAL - Utica, IL

Lot Size0.14 Acres
Days on Market3

Property Features for 148 Mill Street

General Information

Property type Commercial Sale
Property subtype Other
Zoning COMMR
Directions I80 to 178 go south to downtown Utica
Subdivision North Utica / Utica / Waltham
Standard status Active
APN 1709359004
Lot size 0.14 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 5324

Utilities

Cooling system Central Air

Building Details

Floors in Building 1
Listing Agency: Keller Williams Innovate · Keller Williams Realty
Listed By: Phil Makarewicz · License #475138878
Added: Jul 30 Last Checked: Aug 1 at 3:06AM
MLS# 12719484

Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

Restaurant property positioned along the historic Illinois & Michigan Canal. The space includes a welcoming dining area and a fully equipped commercial kitchen, supported by central air cooling. The property sits on a 0.14-acre lot and is zoned COMMR.

Located at 148 Mill Street in Utica, Illinois, the property is described as just minutes from Starved Rock State Park. It is also noted as being in a tourist-oriented area with access to attractions such as Matthiessen State Park and Buffalo Rock State Park, along with nearby wineries and festivals.

This offering is for an established restaurant facility intended for continued operation or new concepts, with the layout designed around customer dining and commercial food service.

Key Highlights

  • 0.14‑acre lot for restaurant use
  • Zoned COMMR
  • Central air cooling

Property Analytics

Current Use

Canal Port Restaurant

Suggested Use

Top Pick Auto Repair Shop Building Supply Real Estate Agency Pharmacy Garden Center Parking Lot & Garage

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

Location Intelligence

Trade Area within ½ mile

160
Businesses Nearby
Well-served
Demand for This Use

Demographics for 61373, IL

1,976
Population
930
Households
2.1
Avg Household Size
44
Median Age
24%
College-Educated
96%
High-School Grad
47.0 sq mi
ZIP Area
42
Density / Sq Mi
$102,639
Median Household Income
$52,708
Median Earnings
$1,310
Median Rent
$222,600
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
Rey
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Restaurant property zoned COMMR with central air, featuring a dining area and fully equipped commercial kitchen.
Where is this conventional restaurant located?
The property is located at 148 Mill Street Utica, IL.
What is the asking price?
The asking price for this property is $878,000.
What are key features of this property?
This property features: 0.14‑acre lot for restaurant use; Zoned COMMR; Central air cooling
More about this property
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