Established Conventional
For Sale
$499,900
420 S Main Street, Kewanee, IL 61443
Fully equipped operation with dining, kitchen, and beverage-service infrastructure already in place.
Property Size4,664 SF
Days on Market18
Property Features for 420 S Main Street
General Information
Standard status
Active
Size
4,664 SF
Property subtype
Commercial
Zoning
COMMR
Taxes and HOA fees
Annual Taxes
$8,419
Building Details
Building Size
4,664 SF
Year Built
1998
Stories
1
Listing Agency:
Wessel Real Estate
(815) 878-5165
Listed By:
Laurie Shipp
(815) 878-5165
Source:
Perillorealestategroup
Added: Aug 3
Changed: Aug 13
Last Checked: Aug 20 at 2:45PM
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 Wessel Real Estate
Investment Insights
Based on property information with market context.
This conventional restaurant business operates from a building constructed in 1998 and includes the equipment needed for ongoing food service. The improvements include coffee machines, coolers, tables, chairs, and cooking appliances, with seating for 177 guests. Current operating hours are 7 am to 10 pm, and 6 slot machines are in place and operational.
The property is located at 420 S Main Street in Kewanee, Illinois, with COMMR zoning. Three of the four AC/heating units are brand new, while the roof is approximately 7 years old. The owners also control two neighboring properties that may be available separately, providing a documented ownership context for potential expansion planning without assuming a combined sale.
The property is located at 420 S Main Street in Kewanee, Illinois, with COMMR zoning. Three of the four AC/heating units are brand new, while the roof is approximately 7 years old. The owners also control two neighboring properties that may be available separately, providing a documented ownership context for potential expansion planning without assuming a combined sale.
Key Highlights
- Restaurant business operated by the same owners for 30 years
- Seating capacity for 177 guests
- 6 operational slot machines in place
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
488
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 61443, IL
13,780
Population
6,613
Households
2.1
Avg Household Size
41
Median Age
16%
College-Educated
85%
High-School Grad
100.5 sq mi
ZIP Area
137
Density / Sq Mi
$51,306
Median Household Income
$36,553
Median Earnings
$782
Median Rent
$75,900
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Conventional restaurant - Fully equipped operation with dining, kitchen, and beverage-service infrastructure already in place.
Where is this conventional restaurant located?
The property is located at 420 S Main Street Kewanee, IL.
What is the asking price?
The asking price for this property is $499,900.
What are key features of this property?
This property features: Restaurant business operated by the same owners for 30 years; Seating capacity for 177 guests; 6 operational slot machines in place
