Restaurants

Elkhart, IL Restaurants for Sale

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Broadwell, IL Williamsville, IL Lincoln, IL Carbondale, IL Sherman, IL Greenview, IL Dawson, IL Springfield, IL
Two-Building Cafe and Retail
Updated: Mar 30
Two-Building Cafe and Retail

100-102 Governor Oglesby Street, Elkhart, IL 62634

Contact for pricing
Two connected buildings (built 1890) include a 68‑seat cafe, retail space, and a walk‑up loft apartment
102 building features a recent EPDM rubber roof replacement and houses cafe seating, kitchen, and part of the retail
100 building has an older Conklin roof coating and includes additional retail plus an owner‑occupied walk‑up loft apartment
Cafe is currently open for lunch Thursday–Sunday
Owners plan to retire and leave inventory, fixtures, and furniture with the property
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Historic Bank Building Cafe
Updated: Apr 12
Historic Bank Building Cafe

104 Governor Oglesby Street, Elkhart, IL 62634

Contact for pricing
Cafe and retail in a historic bank building on Historic Elkhart Hill
Business operating since 2004 with a thriving customer base and visitors from across the U.S. and international travelers
Direct/easy access right off Interstate 55
Includes a private upper residential loft with 2 bed and bath areas, kitchen, living room, and floor‑to‑ceiling windows with a view
Potential for 3 separate business applications: cafe, 2 retail spaces, and 1–2 AirBnB spaces
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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 11 Potential Opportunities for your consideration. Besides 2 Active listings in Elkhart, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 1 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.

Restaurant and Bar with Event Space
Restaurant and Bar with Event Space

1230 5TH Street, Lincoln, IL 62656

$190,000
0.33 AC lot

Commercial-zoned property with indoor dining, a commercial kitchen, and outdoor gathering areas.

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Freestanding Restaurant with Highway Frontage
Freestanding Restaurant with Highway Frontage

2696 S DIRKSEN PKWY, Springfield, IL 62702

Contact for pricing
7,468 sqft 1.75 AC lot

B-1-zoned property offers substantial parking, prominent signage, and access to a signalized intersection.

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Freestanding Restaurant Building
Freestanding Restaurant Building

2660 S Dirksen Pkwy, Springfield, IL 62703

Contact for pricing
7,443 sqft 2.27 AC lot

Freestanding restaurant property with substantial parking and frontage on a signalized hard-corner location.

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Restaurant and Bar with Event Space
Restaurant and Bar with Event Space

1230 5th Street, Lincoln, IL 62656

$190,000

Commercial restaurant property with two bars, a substantial kitchen, event areas, and an outdoor beer garden.

View details

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 Corner Development Site
Commercial Corner Development Site

700 W JEFFERSON Street, Springfield, IL 62702

$175,000
0.59 AC lot

Corner lot on West Jefferson and Walnut Streets with utilities onsite and two access points.

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Restaurant and Adjacent Lot
Restaurant and Adjacent Lot

951 Durkin Drive, Springfield, IL 62704

$425,000

Established restaurant property with dining, bar, lounge, stage, and additional land for future use.

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Commercial Development Parcel
Commercial Development Parcel

Lincolnshire Boulevard lot: 11, Springfield, IL 62704

$3,401,164
4.88 AC lot

Parcel within Legacy Pointe’s sports, hospitality, restaurant, and retail development in Springfield.

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Commercial Development Parcel
Commercial Development Parcel

Lincolnshire Boulevard lot: 17, Springfield, IL 62704

$975,744
1.40 AC lot

Commercial land within the Legacy Pointe development, with planned access to sports, hospitality, dining, and retail amenities.

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Off-Market Properties in Elkhart, IL

Consider similar Off-Market properties in Elkhart, 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.

104 Governor Oglesby St
Restaurants

104 Governor Oglesby St, Elkhart, IL 62634

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Elkhart, IL Restaurants Market Trends and Statistics

Explore 3 restaurants for sale in Elkhart, IL on our real estate platform.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Coffee shops 1
Conventional restaurants 1

Demographics Overview

Population 1,141
Population Growth (5Y) +47.2%
Median Household Income $79,722
College Educated 44.8%

Taxes & Financing

Tax Rate (average for all types) 3.60%
Tax Rate vs County Average 4.30 pp below county avg
Average Loan-to-Value 65.0%

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