Restaurants

Gibson City, IL Restaurants for Sale

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Saybrook, IL Fisher, IL Anchor, IL Strawn, IL Ludlow, IL Colfax, IL Paxton, IL Rantoul, IL
Restaurant Property with Commercial Kitchen
Updated: Oct 16
Restaurant Property with Commercial Kitchen

109 W 8th Street, Gibson City, IL 60936

$269,900
0.08 AC lot
Commercial kitchen with optional existing equipment
0.0803‑acre lot at 109 W 8th Street in downtown Gibson City
Built in 1900; central air conditioning
Brick, wood, and vinyl siding with a membrane roof
Zoned COMMR
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Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Gibson City, 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 Grocery and Convenience Store
Freestanding Grocery and Convenience Store

306 W Springfield Ave W, Urbana, IL 61801

$1,250,000
9,800 sqft 0.75 AC lot

Food retail facility with refrigeration, frozen storage, bakery, kitchen, and café areas.

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Downtown Grocery Market
Downtown Grocery Market

306 W Springfield Avenue W, Urbana, IL 61801

$1,250,000
0.61 AC lot

Freestanding commercial facility includes refrigeration, frozen storage, bakery, kitchen, and café areas.

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Drive-Through Restaurant Portfolio
Drive-Through Restaurant Portfolio

1903 Convenience Place, Champaign, IL 61820

Contact for pricing
15,186 sqft

Three Panera Bread locations offered with corporate-guaranteed NN lease terms through 2033 and scheduled rent increases.

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Retail Space with Drive-Thru
Retail Space with Drive-Thru

1807-1901 W Bradley Ave, Champaign, IL

Contact for pricing
2,200 sqft 1.04 AC lot

Endcap retail unit with drive-thru and on-site 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 Near Sports Complex
Commercial Land Near Sports Complex

2995 County Road 1400 E, Rantoul, IL 61866

$563,000
5.63 AC lot

Development parcel positioned near Interstate 57 and the Rantoul Family Sports Complex.

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Commercial Land in Development Area
Commercial Land in Development Area

2990 County Road 1400 E, Rantoul, IL 61866

$4,000,000
40.00 AC lot

A substantial tract positioned near a sports complex and Interstate 57 within a larger planned development area.

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Commercial Land Development Site
Commercial Land Development Site

700 Eastwood Drive, Mahomet, IL 61853

$1,050,000
1.00 AC lot

Commercial land near a town entry with water available and access to established retail and restaurant brands.

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Commercial Land Near Interstate Access
Commercial Land Near Interstate Access

Le Roy, IL 61752

$76,250
0.70 AC lot

Commercially zoned parcel with Interstate 74 proximity and exit-ramp visibility.

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Gibson City, IL Restaurants Market Trends and Statistics

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

Sale prices for restaurant properties in Gibson City, IL average $269,900 — 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

Commercial kitchens 1
Conventional restaurants 1

Demographics Overview

Population 4,260
Population Growth (5Y) +3.8%
Median Household Income $51,952
College Educated 23.8%

Taxes & Financing

Tax Rate (average for all types) 8.00%
Property Tax per SF $95.82 per SF
Average Loan-to-Value 65.0%

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