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    Altamont, IL
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    Altamont, IL Restaurants for Sale

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    Saint Elmo, IL Effingham, IL Brownstown, IL Herrick, IL Vandalia, IL Dieterich, IL Wheeler, IL Neoga, IL
    Bar and Grill Restaurant
    Updated: Jul 1
    Bar and Grill Restaurant

    112 W Adams Avenue, Altamont, IL 62411

    $719,000
    Brick bar & grill with a 2‑story layout and central air cooling
    Upstairs apartment is currently rented and provides additional income/living space
    Private room available for events including parties and reunions
    Roof recently renovated; most kitchen appliances replaced within the last five years
    Public utilities: public water, public sewer, and 200+ amp electric service
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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Altamont, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Turnkey Gaming Lounge, Bar, and Venue
    Turnkey Gaming Lounge, Bar, and Venue

    1051 E. North Avenue, Flora, IL 62839

    $425,000
    2,500 sqft

    Turnkey gaming lounge, store, bar, and venue for sale.

    View details
    Turnkey Gaming Lounge and Bar
    Turnkey Gaming Lounge and Bar

    1051 E North Avenue, Flora, IL 62839

    $425,000
    0.30 AC lot

    Turnkey gaming lounge, bar, and store with drive-through, bar area, stage, and multiple walk-in coolers.

    View details
    Turnkey Restaurant, Bar & Gaming Venue
    Turnkey Restaurant, Bar & Gaming Venue

    1051 E. North Avenue & 405 Park, Flora &, Cisne, IL 62839

    $625,000
    2,500 sqft

    Two operating businesses with multiple revenue streams for sale.

    View details
    Turnkey Restaurant and Gaming Venue
    Turnkey Restaurant and Gaming Venue

    1051 E North Avenue & 405 Park, Flora, Cisne, IL 62839

    $625,000

    Turnkey restaurant, bar, and gaming property with recent updates, store and bar buildouts, and drive-through operation.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Development Land Along Interstate
    Development Land Along Interstate

    207 & 301 N 44TH ST, Mount, Vernon, IL 62864

    $1,215,000
    4.86 AC lot

    4.86 acres of development land with interstate frontage.

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    Corner Commercial Development Land
    Corner Commercial Development Land

    404 S 3RD Street, Girard, IL 62640

    $150,900
    0.81 AC lot

    Developable corner parcel with public utilities on site and multiple access points for retail, service, or residential uses.

    View details
    Commercial Corner Lot
    Commercial Corner Lot

    91 Weatherholt Drive, New Baden, IL 62265

    $80,000

    Commercial corner lot located in New Baden business district with access off State Route 161.

    View details
    Prime Commercial Land I-55 Access
    Prime Commercial Land I-55 Access

    6000 S 6th Street Frontage Road, Springfield, IL 62702

    $550,000
    1.63 AC lot

    1.63 acre commercial land near I-55 in Springfield, IL.

    View details

    Altamont, IL Restaurants Market Trends and Statistics

    Explore 1 restaurants for sale in Altamont, IL on our real estate platform. These investment opportunities span a total of 0 square feet of properties for sale, with an estimated market value of $719,000.

    Sale prices for restaurant properties in Altamont, IL start at $719,000, averaging $719,000, and reaching up to $719,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Bars & Pubs 1
    Conventional restaurants 1

    Demographics Overview

    Population 4,322
    Population Growth (5Y) +4.5%
    Median Household Income $75,932
    College Educated 25.0%

    Taxes & Financing

    Tax Rate (average for all types) 6.47%
    Property Tax per SF $97.52 per SF
    Average Loan-to-Value 65.0%

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