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Restaurant Property with Kitchen
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201 Dearborn St., Hillsboro, IL 62049

Existing food-service improvements include kitchen equipment, storage, and a restroom.

Property SizeContact for details
Days on Market159

Property Features for 201 Dearborn St.

General Information

Standard status Active
Property subtype Special Purpose

Site & Location

Traffic Count 9,000 vehicles/day
Highway Access Yes
Road Access Yes

Additional Details

Equipment Included Yes
Listing Agency: Century 21 Reid Baugher Realty
Listed By: Kassidy Paine · License #IL
Source: Crexi
Added: Mar 28 Changed: Aug 31 Last Checked: Aug 31 at 1:01AM

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 Century 21 Reid Baugher Realty

Investment Insights

Based on property information with market context.

The restaurant property at 201 Dearborn St. includes functioning kitchen equipment, storage space, a bathroom, and substantial on-site parking. The improvements support continued restaurant use while providing a physical setup for other business operations.

Positioned along Route 127 in Hillsboro, the property benefits from frontage traffic counts of almost 9000 vehicles per day. It is next to a busy gas station and sits one block from the Historic Courthouse and downtown Hillsboro, placing the site within an established local setting.

Key Highlights

  • Functioning kitchen equipment remains in place
  • Storage space and bathroom included
  • Substantial on‑site parking

Property Analytics

Current Use

Park-N-Eat Restaurant

Suggested Use

Top Pick Real Estate Agency Auto Parts Store (Bike/Boat/Book/etc) Store HVAC Service Skin Care Clinic Catering Service

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

9,000 VPD
Traffic count
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

315
Businesses Nearby
47k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Shops & Services 47% Dining 45% Home Improvements & Furnishings 8%
McDonald's Dining
15,572 visits/mo 0.4 miles
MotoMart Shops & Services
8,589 visits/mo 0.3 miles
Casey's General Store Shops & Services
8,577 visits/mo 0.0 miles
Hardee's Dining
5,747 visits/mo 0.3 miles
Shell Shops & Services
3,943 visits/mo 0.4 miles

Demographics for 62049, IL

7,952
Population
2,970
Households
2.7
Avg Household Size
42
Median Age
14%
College-Educated
87%
High-School Grad
82.1 sq mi
ZIP Area
97
Density / Sq Mi
$54,767
Median Household Income
$36,264
Median Earnings
$817
Median Rent
$106,600
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
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Existing food-service improvements include kitchen equipment, storage, and a restroom.
Where is this conventional restaurant located?
The property is located at 201 Dearborn St. Hillsboro, IL.
What is the asking price?
The asking price for this property is $165,000.
What are key features of this property?
This property features: Functioning kitchen equipment remains in place; Storage space and bathroom included; Substantial on‑site parking
More about this property
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