Building Details

Year Built 1980

Buildings 1

Stories 1

Listing Agency: Property Peddler, Inc b***@propertypeddler.com Show Phone

Listed By: Brad Chandler · License #475162275

Source: Nesterrealty

Added: Aug 16 Changed: Aug 29 Last Checked: Aug 29 at 6:44PM

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Investment Insights

Based on property information with market context.

Built in 1980, this vacant commercial property retains an open-concept interior from its former restaurant use. Large display windows, signage opportunities, and paved parking provide practical features for a restaurant, café, specialty retail operation, fitness or wellness studio, professional office, gallery, or event venue.

The property occupies a 1.89-acre lot with frontage on State Route 4 and an average daily traffic count of approximately 2,900 vehicles. Its interior is available for transformation, offering flexibility for a new restaurant concept or another approved commercial use. The seller will entertain a possible lease option.

Key Highlights

• 1.89‑acre commercial lot with paved parking
• Frontage on State Route 4
• Approximately 2,900 vehicles in average daily traffic

Property Analytics

Property Profile

Current Use

Pizza Hut Take-out & Catering

Suggested Use

Top Pick Dental Office Plumbing Service Locksmith Garden Center Bakery (Bike/Boat/Book/etc) Store

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

2,900 VPD

Traffic count

Yes

Highway access

Yes

Paved road access

Location Intelligence

Trade Area within ½ mile

161

Businesses Nearby

68k

Monthly Visits Nearby

Well-served

Demand for This Use

Explore this area Business Placement

Foot Traffic Nearby

Superstores 62% Home Improvements & Furnishings 24% Dining 8% Electronics 3%

Walmart Superstores

41,802 visits/mo 0.5 miles

Buchheit Home Improvements & Furnishings

16,151 visits/mo 0.2 miles

Pizza Hut Dining

3,539 visits/mo 0.1 miles

Verizon Electronics

2,040 visits/mo 0.4 miles

Great Clips Beauty & Spa

1,644 visits/mo 0.5 miles

Demographics for 62286, IL

5,719

Population

2,695

Households

2.1

Avg Household Size

45

Median Age

19%

College-Educated

95%

High-School Grad

100.0 sq mi

ZIP Area

57

Density / Sq Mi

$64,118

Median Household Income

$35,750

Median Earnings

$723

Median Rent

$148,800

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

Questions? Ask Rey

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What type of property is this? Where is this conventional restaurants located? What is the asking price? Find similar properties ... What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Conventional restaurant - Open interior with display windows and paved parking supports restaurant, retail, office, or other commercial use.

Where is this conventional restaurant located?

The property is located at 1801 N Market Street Sparta, IL.

What is the asking price?

The asking price for this property is $179,000.

What are key features of this property?

This property features: 1.89‑acre commercial lot with paved parking; Frontage on State Route 4; Approximately 2,900 vehicles in average daily traffic