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Canton, IL Restaurants for Sale

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Canton Mixed-Use Property For Sale
Updated: May 6
Canton Mixed-Use Property For Sale

68 East Elm Street, Canton, IL 61520

$750,000
3,676 sqft
Prime downtown location in Canton
Established sports bar and restaurant
Includes slot machines
Mixed‑use property
Three apartments on the second floor
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Remodeled Mixed-Use Building in Canton
Updated: May 26
Remodeled Mixed-Use Building in Canton

154 E Elm Street, Canton, IL 61520

$149,900
3,360 sqft
Located in a TIF district with incentives for investment and build‑out.
Newly renovated second‑floor apartment with one bedroom and open kitchen.
Remodeled mixed‑use building suitable for business and residential purposes.
Main level previously used as a restaurant and bar.
Existing 12' hood/suppression system, 3 compartment sink, and walk‑in cooler.
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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 10 Potential Opportunities for your consideration. Besides 2 Active listings in Canton, 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.

Gutted Restaurant Building and Land
Gutted Restaurant Building and Land

1321 N PARK Road, Peoria, IL 61604

$299,000
2.13 AC lot

A cleared restaurant interior on over two acres with dedicated parking, positioned directly across from Bradley Park.

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Turnkey Corner Restaurant Opportunity
Turnkey Corner Restaurant Opportunity

602 E LAUREL Avenue, Havana, IL 62644

$109,900
0.33 AC lot

Turnkey restaurant space on a visible corner with existing infrastructure and FF&E included for flexible food and retail concepts.

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Retail and Warehouse Building For Sale
Retail and Warehouse Building For Sale

1221 South Laramie Street, Peoria, IL 61605

$275,000
7,400 sqft

7,400 SF multi-tenant property with restaurant and warehouse space.

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Income-Producing Mixed-Use Property in Havana
Income-Producing Mixed-Use Property in Havana

206 N PLUM Street, Havana, IL 62644

$249,000
11,812 sqft · 0.54 AC lot

Historic downtown Havana property with business and apartment rental income.

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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.

Commercial Land on N. Main
Commercial Land on N. Main

339-369 N Main Street Unit Ash Unit Ash, Canton, IL 61520

$375,000
720 sqft · 0.70 AC lot

0.7 acre commercial development site on high-traffic corner lot.

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Commercial Lot in Downtown Pekin
Commercial Lot in Downtown Pekin

353 ANN ELIZA Street, Pekin, IL 61554

$165,000
0.14 AC lot

High-visibility commercial lot in downtown Pekin with B-3 zoning.

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Commercial Land For Sale
Commercial Land For Sale

1003-07-13 NORTH Street, Peoria, IL 61604

$75,000
0.80 AC lot

Commercial land available in Peoria, Illinois.

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Glen Avenue Commercial Development Opportunity
Glen Avenue Commercial Development Opportunity

1105 W Glen Ave, Peoria, IL 61614

$275,000
0.80 AC lot

Prime commercial land for development in Peoria's retail corridor.

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Canton, IL Restaurants Market Trends and Statistics

Explore 2 restaurants for sale in Canton, IL on our real estate platform. These investment opportunities span a total of 7,036 square feet of properties for sale, with an estimated market value of $899,900.

Sale prices for restaurant properties in Canton, IL start at $149,900, averaging $449,950, and reaching up to $750,000 — 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

Demographics Overview

Population 16K
Population Growth (5Y) -4.2%
Median Household Income $56,618
College Educated 22.7%

High-Yield Neighborhoods for Investment

Identify Canton submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
61520 $450K

Taxes & Financing

Tax Rate (average for all types) 9.07%
Tax Rate vs County Average 0.04 pp below county avg
Average Loan-to-Value 65.0%

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