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Commercial Restaurant Property

49-63 N Main Street, Manteno, IL 60950

For Sale
$1,250,000

Commercial Sale, Manteno, IL

Property SizeContact for details
Lot Size0.29 Acres
Days on Market257

Property Features for 49-63 N Main Street

General Information

Property type Commercial Sale
Property subtype Other
Zoning COMMR
Directions The subject property is situated on the west side of Main Street between 1st Street and Division Street in the Central Business District (CBD) of Manteno Illinois. Restaurant available for new owner with all other units rented, or to be rented prior to closing.
Subdivision Manteno
Standard status Active
APN 03022210204000
Lot size 0.29 Acres

Taxes and HOA fees

Tax Year 2024
Tax Annual Amount 19238

Utilities

Cooling system Central Air, Window Unit(s)

Building Details

Year built 1920
Floors in Building 2
Number of units 7
Listing Agency: Village Realty, Inc.
Listed By: Michael Glenn · License IL #471022481
Added: Feb 27 Changed: Oct 27 Last Checked: Nov 10 at 9:06PM
MLS# 12550106

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.

Rey
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Investment Insights

Based on property information with market context.

This for-sale commercial restaurant property is offered as a conventional restaurant use and is zoned COMMR. The offering is located at 49-63 N Main Street in Manteno, Illinois.

The parcel measures 0.2938 acres. While no building size is provided in the listing data, the property is positioned for restaurant-oriented use under the existing zoning classification.

Key Highlights

  • Central air and window unit(s) for cooling
  • Built in 1920

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick Law Firm Dental Office Real Estate Agency (Bike/Boat/Book/etc) Store Skin Care Clinic 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.

Location Intelligence

Trade Area within ½ mile

476
Businesses Nearby
Under-served
Demand for This Use

Demographics for 60950, IL

11,996
Population
5,243
Households
2.3
Avg Household Size
44
Median Age
22%
College-Educated
94%
High-School Grad
76.6 sq mi
ZIP Area
157
Density / Sq Mi
$87,848
Median Household Income
$54,034
Median Earnings
$1,008
Median Rent
$244,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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 - For-sale commercial restaurant property zoned COMMR, offered at 49-63 N Main Street on a 0.2938-acre lot.
Where is this conventional restaurant located?
The property is located at 49-63 N Main Street Manteno, IL.
What is the asking price?
The asking price for this property is $1,250,000.
What are key features of this property?
This property features: Central air and window unit(s) for cooling; Built in 1920
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