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    Champaign County, IL Restaurants for Sale

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    Remodeled Bar & Karaoke Venue
    Updated: Nov 4, 2025
    Remodeled Bar & Karaoke Venue

    214 W Main St, Urbana, IL

    $970,000
    8,800 sqft 0.11 AC lot
    Remodeled in 2014 with updated HVAC system and a new roof installed in June 2025.
    Two‑story building with 8,800 sq ft of usable space (4,400 sq ft per floor).
    Main level features a bar area, five karaoke rooms, full kitchen, and restrooms.
    Second level has a separate entrance, bar area, private seating, restrooms, and seven private karaoke rooms.
    Full basement includes a restroom, walk‑in cooler/freezer, office space, and additional storage.
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    This listing looks promising.

    Here's a quick look at some key insights for

    214 W Main St, Urbana, IL

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    • Est. Cap Rate

      7.7%
      Above avg (5.9%)

    • Est. NOI

      $74K
      Annual

    • Mortgage

      $117K
      Sep 2019

    • Last Sold

      Nov 2013
      $800K
    View Property Analytics
    Downtown Champaign Mixed-Use Building
    Updated: Feb 10
    Downtown Champaign Mixed-Use Building

    320 N Neil Street, Champaign, IL 61820

    $1,250,000
    5,865 sqft 0.08 AC lot
    Prime downtown location in Champaign's central business district (CB2 zoning).
    Mixed‑use property with income‑generating two‑bedroom apartment, leased through 07/31/2026 at $1,800/month.
    First floor configured for nightclub/bar use with existing 28' bar, sprinkler system, and handicap accessibility.
    Spacious 5,865 SF above grade plus 1,620 SF basement with walk‑in cooler and storage.
    Second‑floor apartment features 14' ceilings, fireplace, and separate HVAC and electrical service.
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    Savoy, IL Commercial Space
    Savoy, IL Commercial Space

    501 Commerce Drive, Savoy, IL 61874

    $1,850,000
    3,365 sqft 1.30 AC lot

    Prime commercial space in a thriving Savoy location!

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    Downtown Urbana Commercial Building
    Downtown Urbana Commercial Building

    114 S Race, Urbana, IL 61801

    $475,000
    0.06 AC lot

    Two-story commercial building with first-floor restaurant in downtown Urbana.

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    Longview Commercial Property For Sale
    Longview Commercial Property For Sale

    206, 208, 210 E Logan Street S, Longview, IL 61852

    $39,000
    0.18 AC lot

    Three storefronts with business opportunities in Longview, Illinois.

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    Drive-Through Restaurant Portfolio
    Drive-Through Restaurant Portfolio

    1903 Convenience Place, Champaign, IL 61820

    $7,975,000
    15,186 sqft

    Three Panera Bread locations offered with corporate-guaranteed NN lease terms through 2033 and scheduled rent increases.

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    Champaign Freestanding Building with Drive-Thru
    Champaign Freestanding Building with Drive-Thru

    1905 N Neil St, Champaign, IL

    $1,125,000
    5,200 sqft 1.51 AC lot

    5,200 SF building with drive-thru on 1.52 acres.

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    Retail Space with Drive-Thru
    Retail Space with Drive-Thru

    1807-1901 W Bradley Ave, Champaign, IL

    Contact for pricing
    2,200 sqft 1.04 AC lot

    Endcap retail unit with drive-thru and on-site parking.

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    Based on your search, we've compiled 76 Potential Opportunities for your consideration. Besides 8 Active listings in Champaign County, IL, we suggest exploring several alternatives: similar 64 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    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 Development Land Parcel
    Commercial Development Land Parcel

    612 CLARENDON Court, Savoy, IL 61874

    $450,000
    1.97 AC lot

    1.97-acre commercial land parcel in Savoy, zoned for commercial uses, with concrete parking pads and village-approved site plans.

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    Prime Commercial Lot in Savoy
    Prime Commercial Lot in Savoy

    103 Calvin Street, Savoy, IL 61874

    $125,000
    3,800 sqft 0.33 AC lot

    Last available lot in a thriving Savoy commercial area.

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    Prime Commercial Land in Champaign
    Prime Commercial Land in Champaign

    803 N Mattis Avenue, Champaign, IL 61821

    $465,000
    1.89 AC lot

    1.89-acre commercial land in high-visibility Champaign location.

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    Champaign Commercial Land For Sale
    Champaign Commercial Land For Sale

    4202 Nicklaus Drive, Champaign, IL 61822

    $750,000
    1.92 AC lot

    1.92-acre commercial lot in desirable Champaign location.

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    Off-Market Properties in Champaign County, IL

    Consider similar Off-Market properties in Champaign County, IL. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    2005 Springfield Ave
    RESTAURANT

    2005 Springfield Ave, Champaign, IL 61821-3005

    $775,000
    Estimated value
    1.15 AC lot
    View details
    1903 Convenience Pl
    RESTAURANT

    1903 Convenience Pl, Champaign, IL 61820-7814

    $2,820,000
    Estimated value
    View details
    2037 Neil St
    RESTAURANT

    2037 Neil St, Champaign, IL 61820-7219

    $2,120,000
    Estimated value
    0.98 AC lot
    View details
    401 Main St
    BAR, TAVERN

    401 Main St, Mahomet, IL 61853-7426

    $710,000
    Estimated value
    5,424 sqft
    View details
    2001 Springfield Ave
    RESTAURANT

    2001 Springfield Ave, Champaign, IL 61821-3005

    Value Estimation by Request
    View details
    2201 Springfield Ave
    RESTAURANT

    2201 Springfield Ave, Champaign, IL 61821-2911

    $585,000
    Estimated value
    View details
    2033 Neil St
    RESTAURANT

    2033 Neil St, Champaign, IL 61820-7219

    $1,995,000
    Estimated value
    0.93 AC lot
    View details
    111 Walnut St
    RESTAURANT

    111 Walnut St, Champaign, IL 61820

    $4,750,000
    Estimated value
    View details
    6 Columbia Ave
    RESTAURANT

    6 Columbia Ave, Champaign, IL 61820-3620

    $900,000
    Estimated value
    View details
    108 Garrard St
    BAR, TAVERN

    108 Garrard St, Rantoul, IL 61866-2313

    Value Estimation by Request
    2,750 sqft
    View details
    700 Eastwood Dr
    RESTAURANT

    700 Eastwood Dr, Mahomet, IL 61853

    $650,000
    Estimated value
    2,136 sqft
    View details
    215 Lk Of The Woods Rd
    BAR, TAVERN

    215 Lk Of The Woods Rd, Mahomet, IL 61853-2785

    Value Estimation by Request
    2,258 sqft 0.22 AC lot
    View details
    320 Neil St
    BAR, TAVERN

    320 Neil St, Champaign, IL 61820-3614

    $1,255,000
    Estimated value
    View details
    117 Walnut St
    RESTAURANT

    117 Walnut St, Champaign, IL 61820-4000

    $1,250,000
    Estimated value
    View details
    27 Taylor St
    RESTAURANT

    27 Taylor St, Champaign, IL 61820-4006

    $1,250,000
    Estimated value
    View details
    2121 Prospect Ave
    RESTAURANT

    2121 Prospect Ave, Champaign, IL 61822-1238

    Value Estimation by Request
    View details

    Champaign County, IL Restaurants Market Trends and Statistics

    Explore 72 restaurants for sale in Champaign County, IL, showcased through 8 active listings on our real estate platform. These investment opportunities span a total of 38,416 square feet of properties for sale, with an estimated market value of $13,170,000.

    Sale prices for restaurant properties in Champaign County, IL start at $970,000, averaging $2,634,000, and reaching up to $7,975,000 — 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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