Champaign, IL Restaurants for Sale

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Urbana, IL Savoy, IL Philo, IL

6 results

$1,250,000

5,865 SF

Downtown Champaign Mixed-Use Building

320 N Neil Street, Champaign, IL 61820

Prime mixed-use property in downtown Champaign with rental income.

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.

Updated: Feb 10

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$3,332,000

4,980 SF

Top-Performing Panera Bread For Sale

1903 Convenience Pl, Champaign, IL 61820

Corporate-guaranteed Panera Bread in top 5% nationwide, Champaign, Illinois.

Top‑performing Panera Bread location, ranking in the top 5% of stores nationwide.
Corporate‑guaranteed NN lease extended through December 2033, providing long‑term income stability.
Estimated annual sales of approximately $4.7 million, demonstrating exceptional unit‑level performance.
Located in Champaign's dominant retail corridor near Market Place Shopping Center and the University of Illinois.
Lease structure includes 10% rental increases in renewal options, offering built‑in long‑term income growth.

Updated: Mar 4

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Prime Commercial Property with Restaurant

$2,500,000

5,800 SF

Prime Commercial Property with Restaurant

Two-acre commercial property with restaurant and vacant land.

608 W TOWN CENTER Boulevard, Champaign, IL 61822

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$1,538,462

510 SF

New Construction NNN Ground Lease

New 2024 construction with a long-term 15-year ground lease.

1703 W Springfield Ave, Champaign, IL

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Champaign Freestanding Building with Drive-Thru

Contact for pricing

5,200 SF

Champaign Freestanding Building with Drive-Thru

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

1905 N Neil St, Champaign, IL

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2,200 SF

Retail Space with Drive-Thru

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

1807-1901 W Bradley Ave, Champaign, IL

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Based on your search, we've compiled 80 Potential Opportunities for your consideration. Besides 6 Active listings in Champaign, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 66 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.

$1,850,000

3,365 SF

Savoy, IL Commercial Space

Prime commercial space in a thriving Savoy location!

501 Commerce Drive, Savoy, IL 61874

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$475,000

0.06 Acres

Downtown Urbana Commercial Building

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

114 S Race, Urbana, IL 61801

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$899,000

1,200 SF

Savoy Restaurant Opportunity For Sale

Turnkey restaurant property in a thriving Central Illinois business district.

405 South Dunlap Avenue, Savoy, IL 61874

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Contact for pricing

1,043 SF

New Dutch Bros Drive-Thru

Brand new Dutch Bros with drive-thru near University of Illinois.

809 W Green St, Urbana, IL 61801

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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.

$465,000

1.89 Acres

Prime Commercial Land in Champaign

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

803 N Mattis Avenue, Champaign, IL 61821

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$450,000

1.97 Acres

Savoy, IL Commercial Development Land

1.97-acre commercial parcel in high-growth Savoy corridor.

612 CLARENDON Court, Savoy, IL 61874

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$125,000

Prime Commercial Lot in Savoy

Last available lot in a thriving Savoy commercial area.

103 Calvin Street, Savoy, IL 61874

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$750,000

1.92 Acres

Value Estimation

$3,200,000

6 Taylor St, Champaign, IL 61820-4025

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Champaign, IL Restaurants Investment Opportunities Market Analysis

Explore 72 restaurants for sale in Champaign, IL, showcased through 6 active listings on our real estate platform. These investment opportunities span a total of 17,155 square feet of properties for sale, with an estimated market value of $8,620,462.

Sale prices for restaurant properties in Champaign, IL start at $1,250,000, averaging $2,155,115, and reaching up to $3,332,000 — 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

Property Size Breakdown

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

Demographics Overview

Population 96K

Population Growth (5Y) +1.5%

Median Household Income $62,086

College Educated 42.5%

High-Yield Neighborhoods for Strategic Investment

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

Neighborhood	Average Price
61820	$2.3M
61822	$2.5M

Taxes & Financing

Tax Rate (average for all types) 8.86%

Property Tax per SF $37.00 per sq ft

Average Loan-to-Value 65.0%

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Champaign, IL Restaurants for Sale

Downtown Champaign Mixed-Use Building

Prime mixed-use property in downtown Champaign with rental income.

Top-Performing Panera Bread For Sale

Corporate-guaranteed Panera Bread in top 5% nationwide, Champaign, Illinois.

Prime Commercial Property with Restaurant

New Construction NNN Ground Lease

Champaign Freestanding Building with Drive-Thru

Retail Space with Drive-Thru

Opportunities in Nearby Cities

Savoy, IL Commercial Space

Downtown Urbana Commercial Building

Savoy Restaurant Opportunity For Sale

New Dutch Bros Drive-Thru

Potential Development Sites for Consideration

Prime Commercial Land in Champaign

Savoy, IL Commercial Development Land

Prime Commercial Lot in Savoy

Champaign Commercial Land For Sale

Off-Market Properties in Champaign, IL

2005 Springfield Ave

1903 Convenience Pl

2037 Neil St

2001 Springfield Ave

2201 Springfield Ave

2033 Neil St

111 Walnut St

6 Columbia Ave

320 Neil St

117 Walnut St

27 Taylor St

2121 Prospect Ave

2033 Prospect Ave

501 Grn St

109 Walnut St

2501 Vlg Grn Pl

2513 Vlg Grn Pl

6 Taylor St

Champaign, IL Restaurants Investment Opportunities Market Analysis

Top Commercial Asset Segments

Property Size Breakdown

Demographics Overview

High-Yield Neighborhoods for Strategic Investment

Taxes & Financing

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