Restaurants

Danville, IL Restaurants for Sale

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Tilton, IL Westville, IL Catlin, IL Georgetown, IL Alvin, IL Williamsport, IN Covington, IN Ridge Farm, IL
Bar & Grill with Detached Garage
Updated: Dec 13, 2023
Bar & Grill with Detached Garage

3124 Perrysville Road, Danville, IL 61834

$599,900
0.50 AC lot
Bar‑and‑grill property on 0.5 acres in Danville, IL
Seating for over 100 guests
Includes 3 chest freezers, an ice machine, and 2 walk‑in coolers
2‑car detached garage included
New HVAC installed in 2022
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Drive-Through Restaurant Building
Updated: Aug 5
Drive-Through Restaurant Building

2201 E MAIN ST, Danville, IL 61832

Contact for pricing
3,000 sqft
3,000 SF commercial building constructed in 1984
Drive‑thru window, full kitchen, service counter, and patron seating
18' x 8' walk‑in cooler
Storefront parking included
Signalized corner on Danville’s east‑west corridor
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Restaurant/Retail Building Opportunity
Restaurant/Retail Building Opportunity

3585 N Vermilion, Danville, IL 61832

Contact for pricing

Restaurant and retail building with a large rear parking parcel, previously occupied by Pizza Hut and available for redevelopment.

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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 9 Potential Opportunities for your consideration. Besides 3 Active listings in Danville, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 1 Off-Market properties to explore as potential leads, plus 1 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 Downtown Bar and Dining
Mixed-Use Downtown Bar and Dining

126 E MCCONNELL ST, Oxford, IN 47971

Contact for pricing
4,040 sqft

Two adjoining commercial buildings include a bar and restaurant, commercial kitchen, patio, and two apartments.

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Mixed-Use Property with Operating Bar
Mixed-Use Property with Operating Bar

124 & 126 E McConnell Street, Oxford, IN 47971

$249,000
0.11 AC lot

Mixed-use site in B-1 General Commercial zoning with an operating bar plus two leased apartments and central air.

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Three-Storefront Retail Property
Three-Storefront Retail Property

206, 208, 210 E Logan Street S, Longview, IL 61852

$39,000
0.18 AC lot

Brick commercial building with separate storefront areas, window-unit cooling, and flexible multi-business configuration.

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Three-Storefront Commercial Property
Three-Storefront Commercial Property

206, 208, 210 E Logan Street S, Longview, IL 61852

$39,000

Three storefronts can accommodate separate businesses or be combined for one larger commercial operation.

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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 Zoned C-2
Commercial Land Zoned C-2

575 S Williamsport Lot 1 Road, Williamsport, IN 47993

$129,000
2.00 AC lot

Two-acre commercial parcel zoned C-2, with seller flexibility for build-to-suit development.

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Off-Market Properties in Danville, IL

Consider similar Off-Market properties in Danville, 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.

306 Fairchild St
Restaurants

306 Fairchild St, Danville, IL 61832

Value Estimation by Request
3,000 sqft
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Danville, IL Restaurants Market Trends and Statistics

Explore 4 restaurants for sale in Danville, IL, showcased through 3 active listings 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 $599,900.

Sale prices for restaurant properties in Danville, IL average $599,900 — 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 3
Bars & Pubs 2
Drive through restaurants 1

Demographics Overview

Population 42K
Population Growth (5Y) -11.4%
Median Household Income $52,334
College Educated 20.4%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
61834 $599.9K

Taxes & Financing

Tax Rate (average for all types) 9.28%
Tax Rate vs County Average 0.11 pp above county avg
Average Loan-to-Value 65.0%

Property Size Breakdown

The majority of commercial real estate listings in Danville fall within the 50,000 to 100,000 square foot range.

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