Restaurants

Chillicothe, IL Restaurants for Sale

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Sparland, IL Hopewell, IL Washburn, IL Lacon, IL Edelstein, IL Dunlap, IL Peoria, IL Germantown Hills, IL
Bar Property with Baseball Field
Updated: Sep 26
Bar Property with Baseball Field

22122 N ROUTE 29 Road, Chillicothe, IL 61523

$275,000
5.42 AC lot
5.42‑acre property with a baseball field
Built‑in bar; kitchen and bathroom roughed in after renovation
New metal roof
Multiple patio areas for outdoor seating
Previously licensed for gaming
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NNN-Leased Hardee’s Restaurant Building
Updated: Jan 15, 2025
NNN-Leased Hardee’s Restaurant Building

108 N 4th St, Chillicothe, IL 61523

Contact for pricing
3,415 sqft 0.68 AC lot
3,415+/- SF building built in 2005 and renovated in 2012
0.68+/- acre site
Recently extended 20‑year NNN lease
(4) 5‑year renewal options
10% rental increases every 5 years
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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 11 Potential Opportunities for your consideration. Besides 2 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.

Mixed-Use Building with Rooftop Bar
Mixed-Use Building with Rooftop Bar

140 Washington Sq, Washington, IL 61571

$4,900,000
10,510 sqft

Renovated hospitality and residential spaces combine restaurant, brew pub, rooftop, and short-term rental uses.

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Freestanding Restaurant with FF&E
Freestanding Restaurant with FF&E

7723 N University St, Peoria, IL 61615

$350,000
0.65 AC lot

The property includes restaurant equipment, bar fixtures, and a covered outdoor seating area.

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Freestanding Drive-Through Restaurant
Freestanding Drive-Through Restaurant

8905 N Allen Rd, Peoria, IL 61615

$1,150,000

Former quick-service facility includes kitchen equipment and an existing drive-through.

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Free-Standing Drive-Thru Restaurant
Free-Standing Drive-Thru Restaurant

1106 Peoria St, Washington, IL 61571

$1,200,000

Formerly a quick-service restaurant, the free-standing building is fully built out with a drive-thru on Peoria Street.

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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 Parcel
Commercial Land Parcel

WASHINGTON Road lot: 2, Washington, IL 61571

$395,000
0.72 AC lot

Commercial lot with water available and access to public sewer for future development.

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Commercial Development Land
Commercial Development Land

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

$75,000
0.80 AC lot

Commercial-zoned land with public water and natural gas available.

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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

Estimated value: by Request
11,835 sqft 0.70 AC lot
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Chillicothe, IL Restaurants Market Trends and Statistics

Explore 3 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 $275,000.

Sale prices for restaurant properties in Chillicothe, IL average $275,000 — 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 1
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 $275K

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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