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    Franklin, IL
    Restaurants

    Franklin, IL Restaurants for Sale

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    Waverly, IL New Berlin, IL Jacksonville, IL Palmyra, IL Auburn, IL Chatham, IL Virden, IL Thayer, IL
    Restaurant with Beer Garden
    Updated: May 7
    Restaurant with Beer Garden

    204 E Wyatt Street, Franklin, IL 62638

    $195,000
    Approximately 3,120 square feet of restaurant and bar space
    6‑machine gaming area; owner licensing required
    Dedicated party room for private gatherings
    Outdoor beer garden and patio
    Outdoor space wired for live music
    View details
    Realmo Analytics Monitor Off-market properties and contact owners who are ready to sell. Many signals applied to make quality leads for you. Get Leads
    1 active listing matches your search: Restaurant for sale in Franklin, IL. Based on your search, we've also compiled 8 Potential Opportunities for your consideration: 4 properties in nearby cities and 4 land listings with development potential.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Restaurant-Ready Retail Building
    Restaurant-Ready Retail Building

    3434 Freedom Drive, Springfield, IL 62704

    $1,250,000
    Highway access

    Restaurant-ready space in a high-visibility shopping center anchored by Super Walmart and Target.

    76 spaces
    View details
    Double-Lane Drive-Through Restaurant
    Double-Lane Drive-Through Restaurant

    3100 W White Oaks Drive, Springfield, IL 62704

    Contact for pricing

    The 2023-built, single-tenant property is leased under an absolute NNN structure.

    View details
    Bar Property with Beer Garden
    Bar Property with Beer Garden

    400 W JEFFERSON ST, Auburn, IL 62615

    Contact for pricing

    Renovated bar property with a second-floor apartment, updated HVAC, and connected outdoor beer garden.

    Beer garden  Video gaming
    View details
    Bar and Tavern
    Bar and Tavern

    323 W MADISON Street #321 - 327, Auburn, IL 62615

    Contact for pricing
    Business included

    Recent improvements and acquired items are included in the sale.

    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.

    I-1 Industrial Development Land
    I-1 Industrial Development Land

    4685 WABASH Avenue, Springfield, IL 62707

    $1,435,000
    40.78 acres

    Agricultural tract with industrial zoning, edge-of-site utilities, and planned access from the southern boundary.

    View details
    Commercial Land with Parkway Frontage
    Commercial Land with Parkway Frontage

    4351 Conestoga Drive, Springfield, IL 62707

    $440,000
    2.46 acres

    B-1-zoned parcel with water available and nearby retail, restaurant, and hotel uses.

    View details
    Commercial Land with Parkway Frontage
    Commercial Land with Parkway Frontage

    4351 Conestoga Drive, Springfield, IL 62707

    $440,000
    2.46 acres  B-1
    Road access

    B-1-zoned commercial parcel with public water and electricity available.

    View details
    Restaurant and Adjacent Lot
    Restaurant and Adjacent Lot

    951 Durkin Drive, Springfield, IL 62704

    $425,000
    Business included  Built 1975  1 building

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

    View details

    Franklin, IL Restaurants Market Trends and Statistics

    Explore 1 restaurants for sale in Franklin, IL on our real estate platform.

    Sale prices for restaurant properties in Franklin, IL average $195,000 — 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

    Bars & Pubs 1
    Conventional restaurants 1

    Demographics Overview

    Population 1,326
    Population Growth (5Y) -2.8%
    Median Household Income $80,395
    College Educated 20.5%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    62638 $195K

    Taxes & Financing

    Tax Rate (average for all types) 6.17%
    Property Tax per SF $44.85 per SF
    Average Loan-to-Value 65.0%

    How Realmo verifies these figures

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