Restaurants

Irving, IL Restaurants for Sale

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Hillsboro, IL Witt, IL Coffeen, IL Nokomis, IL Litchfield, IL Walshville, IL Morrisonville, IL Greenville, IL
Restaurant and Gaming Property
Updated: Sep 13
Restaurant and Gaming Property

111 E State St, Irving, IL 62051

$125,000
2,300 sqft 0.34 AC lot
Six parcels totaling approximately 0.34 acres
Approximately 2,300 square feet across 3 storefronts
51‑seat restaurant with separate gaming area
Apartment‑style area includes a bedroom and bathroom
Frontage along Illinois Route 16 in downtown Irving
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1 active listing matches your search: Restaurant for sale in Irving, IL. Based on your search, we've also compiled 4 Potential Opportunities for your consideration: 4 properties in nearby cities.

Opportunities in Nearby Cities

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

Wedding Venue with Indoor and Outdoor Event Space
Wedding Venue with Indoor and Outdoor Event Space

202 S Broad St, Hillsboro, IL 62049

$495,000
3,451 sqft

Separate banquet, lower-level, and patio areas support indoor and outdoor events, with commercial kitchens and bar facilities.

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Bowling Alley with Bar and Grill
Bowling Alley with Bar and Grill

100 W Front Street, Nokomis, IL 62075

$275,000
Business included  0.69 acres

An operating food-and-beverage venue includes a furnished kitchen and an upstairs apartment.

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Event Venue with Main Hall
Event Venue with Main Hall

411 S Main Street, Hillsboro, IL 62049

$275,000
0.18 acres  1 building

Multiple dining rooms, food-preparation areas, and a bar complement the building’s central gathering space.

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Bowling Alley with Bar and Grill
Bowling Alley with Bar and Grill

100 W Front Street, Nokomis, IL 62075

$275,000
Business included

An equipped commercial kitchen and an upper-level apartment complement the bowling operation.

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Irving, IL Restaurants Market Trends and Statistics

Explore 1 restaurants for sale in Irving, IL on our real estate platform. These investment opportunities span a total of 2,300 square feet of properties for sale, with an estimated market value of $125,000.

Sale prices for restaurant properties in Irving, IL average $125,000 — 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

Conventional restaurants 1

Demographics Overview

Population 735
Population Growth (5Y) +25.6%
Median Household Income $51,875
College Educated 20.9%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
62051 $125K

Taxes & Financing

Tax Rate (average for all types) 7.10%
Property Tax per SF $0.62 per SF
Tax Rate vs County Average 1.10 pp below county avg
Average Loan-to-Value 65.0%

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