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    Champaign, IL
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    Champaign, IL Restaurants for Sale

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    Urbana, IL Savoy, IL East Peoria, IL Philo, IL Mahomet, IL Tolono, IL Peoria, IL Thomasboro, IL
    Two-Story Mixed-Use Building
    Updated: Feb 10
    Two-Story Mixed-Use Building

    320 N Neil Street, Champaign, IL 61820

    $1,250,000
    0.08 AC lot
    5,865 SF above grade with a 1,620 SF basement
    Two‑bedroom, two‑bath apartment leased through 07/31/2026
    First‑floor bar configuration includes a 28' bar and mezzanine areas
    Basement storage, walk‑in cooler, mechanical space, and rear access
    Brick construction completed in 1925
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    Dutch Bros NNN Property
    Updated: Sep 8
    Dutch Bros NNN Property

    1813 North Neil Street, Champaign, IL 61820

    Contact for pricing
    986 sqft 0.56 AC lot
    Dutch Bros‑branded property at 1813 North Neil Street, Champaign, IL 61820
    Approximately 986 rentable square feet of building space
    Estimated 0.56‑acre parcel
    Brand‑new 15‑year Triple Net (NNN) lease
    Scheduled rent increases of 10.00% every 5 Years
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    Restaurant and Residential Building
    Restaurant and Residential Building

    10 E CHESTER ST, Champaign, IL 61820

    Contact for pricing
    7,000 sqft

    Two-level property combines an established restaurant with a large two-bedroom residential unit.

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    See hot listings in Champaign

    Scored against comparables nationwide. These are worth a look.

    Scored against comparables nationwide. These are worth a look.

    Cap Rate available after sign in
    Est. NOI available after sign in
    Local Demand available after sign in
    Drive-Through Restaurant Portfolio
    Drive-Through Restaurant Portfolio

    1903 Convenience Place, Champaign, IL 61820

    Contact for pricing
    15,186 sqft

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

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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 80 Potential Opportunities for your consideration. Besides 5 Active listings in Champaign, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 67 Off-Market properties to explore as potential leads, 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.

    Freestanding Grocery and Convenience Store
    Freestanding Grocery and Convenience Store

    306 W Springfield Ave W, Urbana, IL 61801

    $1,250,000
    9,800 sqft 0.75 AC lot

    Food retail facility with refrigeration, frozen storage, bakery, kitchen, and café areas.

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    Downtown Grocery Market
    Downtown Grocery Market

    306 W Springfield Avenue W, Urbana, IL 61801

    $1,250,000
    0.61 AC lot

    Freestanding commercial facility includes refrigeration, frozen storage, bakery, kitchen, and café areas.

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    Three-Storefront Commercial Property
    Three-Storefront Commercial Property

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

    $39,000
    3,652 sqft

    Three connected storefronts offer flexibility for multiple businesses or a larger commercial operation.

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    Three-Storefront Commercial Building
    Three-Storefront Commercial Building

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

    $39,000
    0.18 AC lot

    Brick commercial property with three storefronts, COMMR zoning, and flexible configuration for separate or combined business use.

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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
    Commercial Land

    803 N Mattis Avenue, Champaign, IL 61821

    $465,000
    1.89 AC lot

    Commercial land within the Garden Hills TIF District near Parkland College and Kraft.

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    Commercial Land with Site Plans
    Commercial Land with Site Plans

    612 CLARENDON Court, Savoy, IL 61874

    $450,000
    1.97 AC lot

    Village-approved plans and concrete parking pads are already in place for future commercial development.

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    Neighborhood Commercial Land
    Neighborhood Commercial Land

    103 Calvin Street, Savoy, IL 61874

    $125,000

    Zoned Neighborhood Commercial with General Retail allowed and water available.

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    Neighborhood Commercial Land
    Neighborhood Commercial Land

    4202 Nicklaus Drive, Champaign, IL 61822

    $750,000
    1.92 AC lot

    Vacant commercial parcel suited to neighborhood-serving office, retail, and service uses.

    View details

    Off-Market Properties in Champaign, IL

    Consider similar Off-Market properties in Champaign, 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

    Estimated value:
    $385,000
    1.15 AC lot
    View details
    1903 Convenience Pl
    RESTAURANT

    1903 Convenience Pl, Champaign, IL 61820-7814

    Estimated value:
    $615,000
    View details
    2037 Neil St
    RESTAURANT

    2037 Neil St, Champaign, IL 61820-7219

    Estimated value:
    $2,315,000
    0.98 AC lot
    View details
    2001 Springfield Ave
    RESTAURANT

    2001 Springfield Ave, Champaign, IL 61821-3005

    Estimated value:
    $435,000
    View details
    2201 Springfield Ave
    RESTAURANT

    2201 Springfield Ave, Champaign, IL 61821-2911

    Estimated value:
    $630,000
    View details
    2033 Neil St
    RESTAURANT

    2033 Neil St, Champaign, IL 61820-7219

    Estimated value:
    $2,085,000
    0.93 AC lot
    View details
    111 Walnut St
    RESTAURANT

    111 Walnut St, Champaign, IL 61820

    Estimated value:
    $250,000
    View details
    6 Columbia Ave
    RESTAURANT

    6 Columbia Ave, Champaign, IL 61820-3620

    Estimated value:
    $900,000
    View details
    320 Neil St
    BAR, TAVERN

    320 Neil St, Champaign, IL 61820-3614

    Estimated value:
    $1,275,000
    View details
    117 Walnut St
    RESTAURANT

    117 Walnut St, Champaign, IL 61820-4000

    Estimated value:
    $1,275,000
    View details
    27 Taylor St
    RESTAURANT

    27 Taylor St, Champaign, IL 61820-4006

    Estimated value:
    $1,275,000
    View details
    2121 Prospect Ave
    RESTAURANT

    2121 Prospect Ave, Champaign, IL 61822-1238

    Estimated value:
    $450,000
    View details
    2033 Prospect Ave
    DRIVE-THRU RESTAURANT, FAST FOOD

    2033 Prospect Ave, Champaign, IL 61822-1235

    Estimated value:
    $2,850,000
    View details
    501 Grn St
    RESTAURANT

    501 Grn St, Champaign, IL 61820-5719

    Estimated value:
    $3,400,000
    View details
    109 Walnut St
    RESTAURANT

    109 Walnut St, Champaign, IL 61820-4009

    Estimated value:
    $2,465,000
    View details
    2501 Vlg Grn Pl
    RESTAURANT

    2501 Vlg Grn Pl, Champaign, IL 61822-7679

    Estimated value:
    $5,960,000
    View details
    2513 Vlg Grn Pl
    RESTAURANT

    2513 Vlg Grn Pl, Champaign, IL 61822

    Estimated value:
    $3,290,000
    View details
    6 Taylor St
    RESTAURANT

    6 Taylor St, Champaign, IL 61820-4025

    Estimated value:
    $3,290,000
    View details
    2 Main St
    BAR, TAVERN

    2 Main St, Champaign, IL 61820-3616

    Estimated value:
    $3,085,000
    View details

    Champaign, IL Restaurants Market Trends and Statistics

    Explore 72 restaurants for sale in Champaign, IL, showcased through 5 active listings on our real estate platform. These investment opportunities span a total of 25,372 square feet of properties for sale, with an estimated market value of $1,250,000.

    Sale prices for restaurant properties in Champaign, IL average $1,250,000 — 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

    Drive through restaurants 7
    Conventional restaurants 5
    Bars & Pubs 2
    Coffee shops 1
    Commercial kitchens 1

    Demographics Overview

    Population 96K
    Population Growth (5Y) +1.5%
    Median Household Income $62,086
    College Educated 42.5%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    61820 $1.3M

    Taxes & Financing

    Tax Rate (average for all types) 8.86%
    Property Tax per SF $37.00 per SF
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Champaign County

    New Delisted

    Property Size Breakdown

    The majority of commercial real estate listings in Champaign fall within the 100,000+ square foot range.

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