Restaurants

Effingham, IL Restaurants for Sale

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Teutopolis, IL Altamont, IL Wheeler, IL Neoga, IL Beecher City, IL Newton, IL St Elmo, IL Hidalgo, IL
High-Traffic Drive-Thru Investment Opportunity
Updated: Feb 28
High-Traffic Drive-Thru Investment Opportunity

406 N Keller Dr, Effingham, IL 62401

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600 sqft
Hands‑off NNN lease structure eliminates landlord responsibilities, providing passive income.
High‑traffic highway location ensures superior visibility and easy commuter access.
Tenant is The Human Bean, a leader in the specialty coffee industry.
Purpose‑built drive‑thru design.
Turnkey opportunity ideal for 1031 exchange investors.
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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 1 Active listings in Effingham, 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.

Freestanding Restaurant Building with Parking
Freestanding Restaurant Building with Parking

224 Richmond Ave E, Mattoon, IL 61938

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5,800 sqft 1.22 AC lot

Freestanding restaurant building renovated in 2016, with parking lot upgrades completed in 2023.

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Bar & Grill with Private Room
Bar & Grill with Private Room

112 W. Adams Ave, Altamont, IL 62411

Contact for pricing
9,900 sqft

Established bar and grill with a private event room and an upstairs apartment currently rented.

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Bar and Grill Restaurant
Bar and Grill Restaurant

112 W Adams Avenue, Altamont, IL 62411

$699,000

Bar and grill with a rented upstairs apartment and a private room for events.

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Former KFC Investment Property
Former KFC Investment Property

1000 Charleston Ave, Mattoon, IL

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2,449 sqft 0.48 AC lot

Former KFC property in Mattoon, Illinois, for sale.

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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.

Development Land Along Interstate
Development Land Along Interstate

207 & 301 N 44TH ST, Mount, Vernon, IL 62864

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4.86 AC lot

4.86 acres of development land with interstate frontage.

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General Commercial Vacant Lot
General Commercial Vacant Lot

631 Kimmell Road, Vincennes, IN 47591

$899,999
1.00 AC lot

Vacant 1-acre lot zoned C3 with city water and sewer, positioned across from Walmart for retail development.

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Commercial Lot in Terre Haute
Commercial Lot in Terre Haute

200 Maple Avenue, Terre Haute, IN 47804

$475,000
0.27 AC lot

0.27 acre commercial lot suitable for development.

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Commercial Land For Sale
Commercial Land For Sale

212 Maple Avenue, Terre Haute, IN 47804

$150,000
0.14 AC lot

Commercial land available in Terre Haute, Indiana.

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Effingham, IL Restaurants Market Trends and Statistics

Explore 1 restaurants for sale in Effingham, IL on our real estate platform. These investment opportunities span a total of 600 square feet of properties for sale.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Coffee shops 1

Demographics Overview

Population 19K
Population Growth (5Y) +3.5%
Median Household Income $76,098
College Educated 39.5%

Taxes & Financing

Tax Rate (average for all types) 6.21%
Property Tax per SF $98.34 per SF
Average Loan-to-Value 65.0%

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