Restaurants

Chebanse, IL Restaurants for Sale

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Kankakee, IL Clifton, IL St Anne, IL Ashkum, IL Gilman, IL Bradley, IL Herscher, IL Bourbonnais, IL
Bar and Restaurant Opportunity
Updated: Jul 30, 2024
Bar and Restaurant Opportunity

141 S Chestnut Street, Chebanse, IL 60922

$120,000
1,500 sqft
Prime, well‑known location in the heart of town.
Fully equipped bar and restaurant venue.
Recent remodel.
Gaming included.
Ample seating.
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Bar and Restaurant Venue
Updated: Aug 2, 2024
Bar and Restaurant Venue

141 S Chestnut Street, Chebanse, IL 60922

Contact for pricing
1,500 sqft
Remodeled bar and restaurant venue built in 1959
Approx. 1,500 SF restaurant/bar space
Full bar and ample seating
Includes gaming
Offered for sale fully equipped and ready
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Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 Active listings in Chebanse, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

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

Commercial Restaurant Property
Commercial Restaurant Property

49-63 N Main Street, Manteno, IL 60950

$1,250,000
0.29 AC lot

For-sale commercial restaurant property zoned COMMR, offered at 49-63 N Main Street on a 0.2938-acre lot.

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Leased Restaurant Property with Signage
Leased Restaurant Property with Signage

855 West Cook Street, Manteno, IL 60950

Contact for pricing

Restaurant property adjacent to a hotel with pylon signage and a 12-month lease in place.

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Drive-Thru Restaurant Building
Drive-Thru Restaurant Building

800 W Walnut St, Watseka, IL 60970

Contact for pricing

Former KFC drive-thru restaurant with a 15-foot hood, large walk-in cooler, and stainless equipment on site.

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Turn-Key Pizza and Sandwich Restaurant
Turn-Key Pizza and Sandwich Restaurant

807 West Lafayette Street, Watseka, IL 60970

Contact for pricing

Completely renovated restaurant with dining area and bar, drive-thru window, full kitchen, and walk-in cooler.

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Chebanse, IL Restaurants Market Trends and Statistics

Explore 2 restaurants for sale in Chebanse, IL on our real estate platform. These investment opportunities span a total of 3,000 square feet of properties for sale, with an estimated market value of $120,000.

Sale prices for restaurant properties in Chebanse, IL average $120,000 — 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 2
Conventional restaurants 2

Demographics Overview

Population 2,443
Population Growth (5Y) +2.3%
Median Household Income $71,591
College Educated 18.6%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
60922 $60K

Taxes & Financing

Tax Rate (average for all types) 7.90%
Tax Rate vs County Average 1.41 pp below county avg
Average Loan-to-Value 65.0%

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