Restaurants

Danvers, IL Restaurants for Sale

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Mixed-Use Bar and Apartment
Updated: Oct 21, 2025
Mixed-Use Bar and Apartment

4602 E 1625 North Road, Danvers, IL 61732

$200,000
2,430 sqft
2,430 total SF mixed‑use building in Danvers, IL, built in 1945
Includes a rented 1BD/1BA apartment and a bar space delivered vacant at closing
New roof installed in 2024
New water heater installed in 2019
Located on IL Route 9, just outside of Bloomington, IL
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Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Danvers, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, 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.

Multi-Story Retail and Office Building
Multi-Story Retail and Office Building

217 W JEFFERSON ST, Bloomington, IL 61701

$1,200,000
20,240 sqft

First floor is leased to an arcade bar, with additional space available on the second floor and other floors leased.

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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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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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Downtown Bloomington Sports Bar
Downtown Bloomington Sports Bar

102 W Washington St, Bloomington, IL 61701

$700,000

Established sports bar with full kitchen and gaming area.

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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.

Prime Commercial Land Opportunity
Prime Commercial Land Opportunity

1038 Wylie Drive, Bloomington, IL 61705

$421,143
2.31 AC lot

2.31-acre commercial site in a high-growth Bloomington-Normal market.

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Land For Sale, Normal, IL
Land For Sale, Normal, IL

Susan Drive lot: 21, Normal, IL 61761

$375,000
1.37 AC lot

1.37 acre commercial land available in Normal, Illinois.

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Morton, IL Commercial Land
Morton, IL Commercial Land

121 W ASHLAND Street, Morton, IL 61550

$299,900
1.00 AC lot

One-acre commercial land parcel in high-profile retail area.

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Morton Commercial Land For Sale
Morton Commercial Land For Sale

150 W COURTLAND Avenue, Morton, IL 61550

$1,800,000
3.55 AC lot

3.55 acre commercial land with high traffic frontage.

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Danvers, IL Restaurants Market Trends and Statistics

Explore 1 restaurants for sale in Danvers, IL on our real estate platform. These investment opportunities span a total of 2,430 square feet of properties for sale, with an estimated market value of $200,000.

Sale prices for restaurant properties in Danvers, IL start at $200,000, averaging $200,000, and reaching up to $200,000 — 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

Demographics Overview

Population 2,089
Population Growth (5Y) +1.6%
Median Household Income $94,688
College Educated 37.6%

Taxes & Financing

Tax Rate (average for all types) 9.35%
Property Tax per SF $46.37 per SF
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in McLean County

New Delisted

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