Restaurants

Chillicothe, IL Restaurants for Sale

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Hardee’s Restaurant Net Lease
Updated: Jun 15
Hardee’s Restaurant Net Lease

108 North 4th Street, Chillicothe, IL 61523

Contact for pricing
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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Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
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.

Turnkey Restaurant and Cafe
Turnkey Restaurant and Cafe

5805 N Knoxville Avenue, Peoria, IL 61614

$1,600,000
0.68 AC lot

Multi-revenue restaurant with bar and take-away, plus a separate cafe/market entrance, fully remodeled and ready to operate.

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Hardee’s NNN Restaurant with Lease
Hardee’s NNN Restaurant with Lease

3909 W War Memorial Dr, Peoria, IL 61615

Contact for pricing
4,744 sqft 1.26 AC lot

Hardee’s on 1.26 acres with an absolute NNN lease and 9.5 years of primary term remaining.

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Bar & Pub with Equipment Included
Bar & Pub with Equipment Included

133 S JEFFERSON Street, Washburn, IL 61570

$60,000

Commercial-zoned bar includes real estate, equipment, and table and chairs, with central air and natural gas forced-air heat.

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Local Bar and Restaurant
Local Bar and Restaurant

227 S JEFFERSON Street, Washburn, IL 61570

Contact for pricing

For sale local bar includes real estate, equipment, and table and chairs.

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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 with Public Water
Commercial Land with Public Water

W ALTA Road, Peoria, IL 61615

$499,900
1.29 AC lot

Commercially zoned land with public water and natural gas availability along W Alta Road.

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Retail Space for Sale
Retail Space for Sale

1300 WASHINGTON Street, Washington, IL 61571

$850,000
1.50 AC lot

Retail space offered for sale with commercial zoning at 1300 Washington Street in Washington, Illinois.

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Commercial Land with Utilities
Commercial Land with Utilities

WASHINGTON Road lot: 2, Washington, IL 61571

$395,000
0.72 AC lot

Commercial zoning is paired with available water service and public sewer.

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Commercial Land Development Site
Commercial Land Development Site

1003-07-13 NORTH Street, Peoria, IL 61604

$75,000
0.80 AC lot

Commercial-zoned land near Peoria with public water and natural gas available for development planning.

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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.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Conventional restaurants 2

Demographics Overview

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

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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