Restaurants

Delavan, IL Restaurants for Sale

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Atlanta, IL Emden, IL Green Valley, IL South Pekin, IL Annawan, IL Tremont, IL Pekin, IL Manito, IL
Restaurant Building with Equipment
Updated: Apr 10
Restaurant Building with Equipment

318 Locust St, Delavan, IL 61734

Contact for pricing
1,200 sqft
1,200 SF commercial building in Delavan, IL, currently operating as a restaurant
Restaurant‑ready interior with hood, three‑comp sink, grease trap, and related kitchen fixtures
New steel roof installed in 2015
List of equipment and further details available upon request
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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 12 Potential Opportunities for your consideration. Besides 1 Active listings in Delavan, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 3 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.

Bar, Restaurant & Concert Venue
Bar, Restaurant & Concert Venue

251 Derby Street, Pekin, IL 61554

$299,000
2,640 sqft

For sale bar and restaurant with a full kitchen, gaming, and an outdoor patio plus ample parking.

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Two-Unit Commercial Bar and Retail
Two-Unit Commercial Bar and Retail

2601 S 14th Street, Pekin, IL 61554

$395,000

Updated two-unit building includes a turn-key golf simulator lounge and a leased convenience and liquor store unit.

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Turnkey Restaurant with Kitchen Equipment
Turnkey Restaurant with Kitchen Equipment

301 E MAIN Street, South Pekin, IL 61564

$39,900
0.19 AC lot

Turnkey restaurant with central air, forced-air natural gas heat, and a complete commercial kitchen package on a 0.19-acre lot.

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Drive-Through Restaurant Building
Drive-Through Restaurant Building

807 W Main St, South Pekin, IL 61564

Contact for pricing

Former Subway drive-through restaurant includes walk-in refrigerator and freezer with complete kitchen buildout and concrete parking.

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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 B3
Commercial Land Zoned B3

353 ANN ELIZA Street, Pekin, IL 61554

$165,000
0.14 AC lot

Vacant commercial lot zoned B3 with public sewer service, sized at 0.14 acres for flexible downtown development.

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Commercial Land Near Lakewood Park
Commercial Land Near Lakewood Park

121 W ASHLAND Street, Morton, IL 61550

$299,900
1.00 AC lot

B3-zoned commercial parcel with public sewer near Lakewood Park and established commercial businesses.

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Commercial Land with Extensive Frontage
Commercial Land with Extensive Frontage

150 W COURTLAND Avenue, Morton, IL 61550

$1,800,000
3.55 AC lot

Zoned B-3 commercial land with public sewer and level topography near I-74.

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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 Delavan, IL

Consider similar Off-Market properties in Delavan, 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.

408 410th S Locust St
BAR, TAVERN

408 410th S Locust St, Delavan, IL 61734

$85,000
Estimated value
2,115 sqft 0.15 AC lot
View details
318 Locust St
RESTAURANT

318 Locust St, Delavan, IL 61734-7528

$50,000
Estimated value
1,200 sqft 0.08 AC lot
View details
120 5th St
BAR, TAVERN

120 5th St, Delavan, IL 61734-9629

$100,000
Estimated value
2,740 sqft 0.33 AC lot
View details

Delavan, IL Restaurants Market Trends and Statistics

Explore 4 restaurants for sale in Delavan, IL on our real estate platform. These investment opportunities span a total of 1,200 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 1

Demographics Overview

Population 2,500
Population Growth (5Y) -9.6%
Median Household Income $71,563
College Educated 26.2%

Taxes & Financing

Tax Rate (average for all types) 8.54%
Property Tax per SF $97.32 per SF
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Tazewell County

New Delisted

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