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    Knoxville, IL Restaurants for Sale

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    East Galesburg, IL Galesburg, IL Gilson, IL
    Established Restaurant with Entertainment Venue
    $480,000
    11,031 SF

    Established Restaurant with Entertainment Venue

    221 E MAIN Street, Knoxville, IL 61448

    Well-established restaurant with indoor and outdoor entertainment venues.

    • Established restaurant with a strong reputation.
    • Region’s largest covered outdoor Sound Garden, accommodating over 500 guests, ideal for live music and events.
    • Substantial 11,000+ square feet of building space offering expansion or subdivision possibilities.
    • Includes both indoor and outdoor venues.
    • Turnkey business opportunity with immediate income potential.
    Updated: Sep 28, 2024
    View details
    Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Knoxville, 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.

    Peoria Commercial Property for Sale
    $475,000
    6,676 SF

    Peoria Commercial Property for Sale

    Landmark property ready for a visionary new owner.

    1321 N PARK Road, Peoria, IL 61604
    View details
    Galesburg Restaurant Opportunity
    $75,000

    Galesburg Restaurant Opportunity

    Turnkey restaurant ready for new owner in Galesburg, IL.

    1160 W MAIN Street, Galesburg, IL 61401
    View details
    Multi-Venue Entertainment Complex For Sale
    Contact for pricing
    130,086 SF

    Multi-Venue Entertainment Complex For Sale

    Established entertainment complex with multiple revenue streams and investment opportunities.

    3225 N Dries Ln, Peoria, IL
    View details
    Galesburg Commercial Real Estate For Sale
    $1,200,000
    3,682 SF

    Galesburg Commercial Real Estate For Sale

    Commercial real estate with drive-thru, leased to Steak n Shake.

    1066 N Henderson St, Galesburg, IL 61401
    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 Lot in Peoria, IL
    $499,900
    1.29 Acres

    Commercial Lot in Peoria, IL

    1.29 acre commercial lot available for sale in Peoria.

    W ALTA Road, Peoria, IL 61615
    View details
    Commercial Land For Sale
    $75,000
    0.80 Acres

    Commercial Land For Sale

    Commercial land available in Peoria, Illinois.

    1003-07-13 NORTH Street, Peoria, IL 61604
    View details
    Commercial Lot in Downtown Pekin
    $165,000
    0.14 Acres

    Commercial Lot in Downtown Pekin

    High-visibility commercial lot in downtown Pekin with B-3 zoning.

    353 ANN ELIZA Street, Pekin, IL 61554
    View details
    West Burlington Development Land Available
    $59,900
    1.31 Acres

    West Burlington Development Land Available

    1.31 +/- acres outlot near Westland Mall for development.

    Autumn Lane Lot : J, West Burlington, IA 52655
    View details

    Knoxville, IL Restaurants Investment Opportunities Market Analysis

    Explore 1 restaurants for sale in Knoxville, IL on our real estate platform. These investment opportunities span a total of 11,031 square feet of properties for sale, with an estimated market value of $480,000.

    Sale prices for restaurant properties in Knoxville, IL start at $480,000, averaging $480,000, and reaching up to $480,000 — 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

    Conventional restaurants 1

    Demographics Overview

    Population 3,906
    Population Growth (5Y) +1.8%
    Median Household Income $79,500
    College Educated 28.9%

    High-Yield Neighborhoods for Strategic Investment

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

    Neighborhood Average Price
    61448 $480K

    Taxes & Financing

    Tax Rate (average for all types) 7.76%
    Property Tax per SF $3.17 per sq ft
    Average Loan-to-Value 65.0%

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