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    Danville, IL
    Restaurants

    Danville, IL Restaurants for Sale

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    Tilton, IL Westville, IL Catlin, IL Oakwood, IL Perrysville, IN Georgetown, IL Covington, IN Williamsport, IN
    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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    Bar & Grill with Equipment
    Updated: Jul 25
    Bar & Grill with Equipment

    3124 Perrysville Rd, Danville, IL 61834

    $599,900
    3,000 sqft
    Over 100 seats for bar and grill operations
    3 chest freezers and an ice machine included
    2 walk‑in coolers on site
    2‑car detached garage included
    HVAC replaced in 2022
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    Drive-Through Restaurant Building
    Drive-Through Restaurant Building

    2201 E MAIN ST, Danville, IL 61832

    Contact for pricing
    3,000 sqft

    Configured for food service with a kitchen, customer seating, storefront parking, and B-2 Highway Business zoning.

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    See hot listings in Danville

    Scored against comparables nationwide. These are worth a look.

    Scored against comparables nationwide. These are worth a look.

    Cap Rate available after sign in
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    Restaurant Building with Outdoor Dining
    Restaurant Building with Outdoor Dining

    210 N Logan Ave, Danville, IL 61832

    Contact for pricing

    Updated food-service property with retained furnishings and commercial kitchen equipment.

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    Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 4 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.

    Updated Bar and Grill
    Updated Bar and Grill

    114 E Market St, Sidell, IL 61876

    $114,999
    3,664 sqft

    Commercial kitchen improvements and gaming machines support continued bar-and-grill operations.

    View details
    Three-Storefront Commercial Property
    Three-Storefront Commercial Property

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

    $39,000
    3,652 sqft

    Three connected storefronts offer flexibility for multiple businesses or a larger commercial operation.

    View details
    Updated Bar and Grill
    Updated Bar and Grill

    114 E Market Street, Sidell, IL 61876

    $114,999
    0.15 AC lot

    Commercial kitchen improvements include refrigeration, cooking equipment, and upgraded building systems.

    View details
    Three-Storefront Commercial Building
    Three-Storefront Commercial Building

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

    $39,000
    0.18 AC lot

    Brick commercial property with three storefronts, COMMR zoning, and flexible configuration for separate or combined business use.

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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.

    C-2 Commercial Land
    C-2 Commercial Land

    575 S Williamsport Lot 1 Road, Williamsport, IN 47993

    $129,000
    2.00 AC lot

    Commercial land with build-to-suit capability under C-2 zoning.

    View details

    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.

    Danville, IL Restaurants Market Trends and Statistics

    Explore 5 restaurants for sale in Danville, IL, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 6,000 square feet of properties for sale, with an estimated market value of $1,199,800.

    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 4
    Bars & Pubs 2
    Commercial kitchens 1
    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%

    Listings Trend

    New vs delisted commercial listings in Vermilion County

    New Delisted

    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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