Restaurants

Chillicothe, IL Restaurants for Sale

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Sparland, IL Washburn, IL Lacon, IL
Hardee’s Restaurant Net Lease
Updated: Jun 15
Hardee’s Restaurant Net Lease

108 North 4th Street, Chillicothe, IL 61523

$1,086,000
3,415 sqft
20‑year net lease commenced August 2022 with (4) 5‑year renewal options
Lease includes scheduled 10% rental increases every 5 years
Building year built: 2005
Store has a rent‑to‑sales ratio of 8.63%
Located on N 4th Street with 15,060+ VPD; right off Illinois Route 29 near the Illinois River
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Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 1 Active listings in Chillicothe, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 1 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.

Tangled Roots Investment Opportunity
Tangled Roots Investment Opportunity

140 Washington Square, Washington, IL 61571

$4,900,000
0.11 AC lot

Multifaceted hub with restaurant, brew pub, and Airbnb units.

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Peoria Retail Center For Sale
Peoria Retail Center For Sale

4410 N Knoxville Ave, Peoria, IL 61614

$2,825,000
46,620 sqft

46,620 SF retail center with value-add potential in Peoria, IL.

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Former Gas Station Opportunity
Former Gas Station Opportunity

10411 GALENA Road, Peoria, IL 61615

$179,900

Former gas station with high traffic, tanks removed.

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Commercial Land For Sale
Commercial Land For Sale

701 N CUMMINGS Lane, Washington, IL 61571

$225,000
1.45 AC lot

Commercial land suitable for strip mall, restaurant, or businesses.

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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 Lot in Peoria, IL
Commercial Lot in Peoria, IL

W ALTA Road, Peoria, IL 61615

$499,900
1.29 AC lot

1.29 acre commercial lot available for sale in Peoria.

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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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Commercial Land in Washington, IL
Commercial Land in Washington, IL

1300 WASHINGTON Street, Washington, IL 61571

$850,000
1.50 AC lot

1.5 acre commercial land for sale in Washington, Illinois.

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Commercial Lot in Busy Location
Commercial Lot in Busy Location

Lot 2 Washington Road, Washington, IL 61571

$395,000
0.72 AC lot

0.72 acre commercial lot in a high-traffic area.

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Off-Market Properties in Chillicothe, IL

Consider similar Off-Market properties in Chillicothe, 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.

322 Plz Dr
Restaurants

322 Plz Dr, Chillicothe, IL 61523

Value Estimation by Request
11,835 sqft · 0.70 AC lot
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Chillicothe, IL Restaurants Market Trends and Statistics

Explore 2 restaurants for sale in Chillicothe, IL on our real estate platform. These investment opportunities span a total of 3,415 square feet of properties for sale, with an estimated market value of $1,086,000.

Sale prices for restaurant properties in Chillicothe, IL start at $1,086,000, averaging $1,086,000, and reaching up to $1,086,000 — 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

Conventional restaurants 1

Demographics Overview

Population 10K
Population Growth (5Y) -9.0%
Median Household Income $74,100
College Educated 33.3%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
61523 $1.1M

Taxes & Financing

Tax Rate (average for all types) 7.94%
Property Tax per SF $1.24 per SF
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Peoria County

New Delisted

Property Size Breakdown

The majority of commercial real estate listings in Chillicothe fall within the 25,000 to 50,000 square foot range.

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