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    Franklin, IL Restaurants for Sale

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    Bar & Pub with Patio and Gaming
    Updated: May 7
    Bar & Pub with Patio and Gaming

    204 E Wyatt Street, Franklin, IL 62638

    $195,000
    Approximately 3,120 SF bar and restaurant building with dedicated party room
    Outdoor beer garden/patio space with wiring for live music
    Gaming area with 6 machines
    WiFi and fiber optic internet for reliable connectivity
    Natural gas heating and central air cooling
    View details
    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 Franklin, 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.

    Restaurant with Outdoor Bar and Beer Garden
    Restaurant with Outdoor Bar and Beer Garden

    133 S 2ND Street, Girard, IL 62640

    $350,000
    0.28 AC lot

    Brick restaurant with central air and forced-air heating, offering bar and gaming plus an outdoor beer garden.

    View details
    Drive-Thru Restaurant
    Drive-Thru Restaurant

    1110 W Morton Ave, Jacksonville, IL 62650

    Contact for pricing
    2,243 sqft

    Restaurant building with a drive-thru model and a new 10-year corporate lease with no early termination.

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    Drive-Through Restaurant Building
    Drive-Through Restaurant Building

    300 N Main Street, Jacksonville, IL 62650

    $80,000
    576 sqft

    Former drive-through bank with two connected work areas and a usable basement, plus multiple canopy-covered drive-through lanes.

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    Profitable Restaurant & Bar on Route 66
    Profitable Restaurant & Bar on Route 66

    133 S 2ND Street, Girard, IL 62640

    Contact for pricing

    Established restaurant and bar with multiple revenue streams and gaming.

    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.

    Industrial Land with I-1 Zoning
    Industrial Land with I-1 Zoning

    4685 WABASH Avenue, Springfield, IL 62707

    $1,435,000
    40.78 AC lot

    Large development tract with water available, public sewer, and planned access along its southern boundary.

    View details
    Commercial Land Parcel
    Commercial Land Parcel

    4351 Conestoga Drive, Springfield, IL 62707

    $440,000

    2.46-acre commercial lot with professionally marked corners and frontage visibility from Veterans Parkway.

    View details
    B-1 Commercial Land
    B-1 Commercial Land

    4351 Conestoga Drive, Springfield, IL 62707

    $440,000
    2.46 AC lot

    Commercial parcel with water available and exposure from Veterans Parkway near established retail and hospitality uses.

    View details
    Restaurant with Bar, Lounge and Stage
    Restaurant with Bar, Lounge and Stage

    951 Durkin Drive, Springfield, IL 62704

    $425,000

    Restaurant property with formal dining, bar and lounge seating, a stage for live music, and central air under S2 zoning.

    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%

    Listings Trend

    New vs delisted commercial listings in Morgan County

    New Delisted

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