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    Knoxville, IL
    Restaurants

    Knoxville, IL Restaurants for Sale

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    Galesburg, IL East Galesburg, IL Carbondale, IL Gilson, IL Dahinda, IL Wataga, IL Abingdon, IL Victoria, IL
    Established Restaurant with Entertainment Venue
    Updated: Sep 28, 2024
    Established Restaurant with Entertainment Venue

    221 E MAIN Street, Knoxville, IL 61448

    Contact for pricing
    11,031 sqft
    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.**
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    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 5 Potential Opportunities for your consideration. Besides 1 Active listings in Knoxville, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

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

    Aledo Restaurant Location with Apartments
    Aledo Restaurant Location with Apartments

    213 S College Ave, Aledo, IL 61231

    $250,000
    3,600 sqft

    Historic downtown Aledo restaurant with apartments for sale.

    View details
    Freestanding Restaurant with FF&E
    Freestanding Restaurant with FF&E

    7723 N University St, Peoria, IL 61615

    $350,000
    0.65 AC lot

    The property includes restaurant equipment, bar fixtures, and a covered outdoor seating area.

    View details
    Versatile Commercial Building Near Highways
    Versatile Commercial Building Near Highways

    1708 Se 3rd St, Aledo, IL 61231

    $135,000
    2.28 AC lot

    Highly visible commercial building suitable for various business ventures.

    View details
    Freestanding Drive-Through Restaurant
    Freestanding Drive-Through Restaurant

    8905 N Allen Rd, Peoria, IL 61615

    $1,150,000

    Former quick-service facility includes kitchen equipment and an existing drive-through.

    View details

    Knoxville, IL Restaurants Market Trends and Statistics

    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.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Conventional restaurants 1
    Drive through restaurants 1

    Demographics Overview

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

    Taxes & Financing

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

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