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Downtown Restaurant Building
New
For Sale
$385,000

208 N Main Street, Saint Joseph, IL 61873

Business Opportunity, St. Joseph, IL

Property SizeContact for details
Lot Size0.15 Acres
Days on Market2

Property Features for 208 N Main Street

General Information

Property type Commercial Sale
Property subtype Other
Zoning RTAIL
Directions St Joe to the 4-way stop. S 1/4 Block. East side of road.
Subdivision Eastern Champaign County / Vermillion County
Standard status Active
APN 282214127003
Lot size 0.15 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description Lots pt 3, pt 4 Block 3 Grigg's Sub
Tax Annual Amount 3785
Legal Description Lots pt 3, pt 4 Block 3 Grigg's Sub

Utilities

Utilities Natural Gas Available
Cooling system Exhaust Fan (Cooling), Central Air

Building Details

Floors in Building 2
Building materials Brick
Roof type Rubber
Listing Agency: KELLER WILLIAMS-TREC · Keller Williams Realty
Listed By: Steve Littlefield · License #475138856
Added: Oct 15 Last Checked: Oct 16 at 2:06PM
MLS# 12779954

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.

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Investment Insights

Based on property information with market context.

This restaurant property at 208 N Main Street in St. Joseph has brick construction and a rubber roof. Cooling includes central air and an exhaust fan, and natural gas is available. The site contains 0.15 acres and is zoned RTAIL.

The property is in downtown St. Joseph, with surrounding businesses and the local community nearby. Its prior use as a restaurant is identified as The Ribcage.

Key Highlights

  • 0.15‑acre site in downtown St. Joseph
  • Brick construction with a rubber roof
  • Central air and exhaust fan

Property Analytics

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Current Use

Conventional restaurants

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Building Supply Pharmacy Auto Repair Shop

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

193
Businesses Nearby
25k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Shops & Services 40% Groceries 34% Dining 26%
St. Joseph Shops & Services
9,935 visits/mo 0.3 miles
St Joseph IGA Foodliner Groceries
8,277 visits/mo 0.2 miles
El Toro Dining
4,116 visits/mo 0.1 miles
SUBWAY Dining
2,364 visits/mo 0.3 miles

Demographics for 61873, IL

5,911
Population
2,298
Households
2.6
Avg Household Size
39
Median Age
36%
College-Educated
99%
High-School Grad
63.7 sq mi
ZIP Area
93
Density / Sq Mi
$112,755
Median Household Income
$59,566
Median Earnings
$942
Median Rent
$246,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025

Frequently Asked Questions

What type of property is this?
Conventional restaurant - Brick construction, central air, and an exhaust fan support restaurant use.
Where is this conventional restaurant located?
The property is located at 208 N Main Street Saint Joseph, IL.
What is the asking price?
The asking price for this property is $385,000.
What are key features of this property?
This property features: 0.15‑acre site in downtown St. Joseph; Brick construction with a rubber roof; Central air and exhaust fan
More about this property
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