Restaurants

Lacon, IL Restaurants for Sale

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Sparland, IL Chillicothe, IL Henry, IL Varna, IL Washburn, IL Putnam, IL Toluca, IL Mcnabb, IL
Three-Story Mixed-Use Building
Updated: Mar 24
Three-Story Mixed-Use Building

233 5th St, Lacon, IL 61540

$110,000
3,000 sqft
3‑story mixed‑use building with 3,000 PropertySize
Main floor and basement include currently leased office and kitchen spaces
Third floor can accommodate apartments or additional business use
Newer roof, HVAC, water heater, and sump pump
Refinished hardwood floors
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1 active listing matches your search: Restaurant for sale in Lacon, IL. Based on your search, we've also compiled 8 Potential Opportunities for your consideration: 4 properties in nearby cities and 4 land listings with development potential.

Opportunities in Nearby Cities

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

Freestanding Restaurant with FF&E
Freestanding Restaurant with FF&E

7723 N University St, Peoria, IL 61615

$350,000
Built 1969 / renov 2022

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

Commercial hood  Patio  Equipment included  Furnished
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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.

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Bar Property with Baseball Field
Bar Property with Baseball Field

22122 N ROUTE 29 Road, Chillicothe, IL 61523

$275,000

Outdoor seating areas complement a bar with kitchen and bathroom work underway.

Patio  Baseball field
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NNN-Leased Hardee’s Restaurant Building
NNN-Leased Hardee’s Restaurant Building

108 N 4th St, Chillicothe, IL 61523

Contact for pricing
3,415 sqft  0.68 acres  1 building  Built 2005 / renov 2012

Single-tenant NNN restaurant with a recently extended 20-year lease and four renewal options with periodic rent increases.

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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 with Public Water
Commercial Land with Public Water

W ALTA Road, Peoria, IL 61615

$499,900
1.29 acres

Commercially zoned land with public water and natural gas availability along W Alta Road.

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Retail Space for Sale
Retail Space for Sale

1300 WASHINGTON Street, Washington, IL 61571

$850,000
Built 2006  1.5 acres

Retail space offered for sale with commercial zoning at 1300 Washington Street in Washington, Illinois.

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Commercial Land Parcel
Commercial Land Parcel

WASHINGTON Road lot: 2, Washington, IL 61571

$395,000
0.72 acres

Commercial lot with water available and access to public sewer for future development.

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Commercial Development Land
Commercial Development Land

1003-07-13 NORTH Street, Peoria, IL 61604

$75,000
0.8 acres

Commercial-zoned land with public water and natural gas available.

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Lacon, IL Restaurants Market Trends and Statistics

Explore 1 restaurants for sale in Lacon, IL on our real estate platform. These investment opportunities span a total of 3,000 square feet of properties for sale, with an estimated market value of $110,000.

Sale prices for restaurant properties in Lacon, IL average $110,000 — 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

Commercial kitchens 1

Demographics Overview

Population 2,700
Population Growth (5Y) -2.5%
Median Household Income $74,519
College Educated 24.4%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
61540 $110K

Taxes & Financing

Average Loan-to-Value 65.0%

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