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    Lacon, IL
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    Lacon, IL Restaurants for Sale

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    Sparland, IL Chillicothe, IL Varna, IL Washburn, IL Lowpoint, IL Magnolia, IL Putnam, IL Toluca, IL
    Restaurant Building with Kitchen
    Updated: Jul 14
    Restaurant Building with Kitchen

    107 N Prairie Street, Lacon, IL 61540

    $150,000
    8,000 sqft
    8,000+ SF building on a high‑traffic intersection in the middle of Lacon
    Boiler system is not working
    Some water damage in the basement due to a water line break
    Some asbestos is present in the building
    Sold AS‑IS; seller reserves the bell in the front lawn, sound equipment, and the kitchen oven
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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 9 Potential Opportunities for your consideration. Besides 1 Active listings in Lacon, 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.

    Restaurant with Gaming and Bar
    Restaurant with Gaming and Bar

    108 Main Street, Toluca, IL 61369

    $199,900
    4,250 sqft

    Restaurant property includes a custom bar, designated gaming area, and separate dining room with indoor seating for 180.

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    Restaurant and Bar with Gaming Area
    Restaurant and Bar with Gaming Area

    108 MAIN Street, Toluca, IL 61369

    $199,900
    0.44 AC lot

    Restaurant and bar space seats 180, with a custom bar and designated gaming area, plus a separate dining room.

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    Bar & Pub with Equipment Included
    Bar & Pub with Equipment Included

    133 S JEFFERSON Street, Washburn, IL 61570

    $60,000

    Commercial-zoned bar includes real estate, equipment, and table and chairs, with central air and natural gas forced-air heat.

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    Local Bar and Restaurant
    Local Bar and Restaurant

    227 S JEFFERSON Street, Washburn, IL 61570

    Contact for pricing

    For sale local bar includes real estate, equipment, and table and chairs.

    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 Land Parcel
    Commercial Land Parcel

    W ALTA Road, Peoria, IL 61615

    $499,900
    1.29 AC lot

    1.29-acre commercial lot with natural gas available and public water for development in Peoria, IL.

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    Retail Space for Sale
    Retail Space for Sale

    1300 WASHINGTON Street, Washington, IL 61571

    $850,000
    1.50 AC lot

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

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    Commercial Land with Utilities
    Commercial Land with Utilities

    WASHINGTON Road lot: 2, Washington, IL 61571

    $395,000
    0.72 AC lot

    Commercial zoning is paired with available water service and public sewer.

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    Commercial Land Development Site
    Commercial Land Development Site

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

    $75,000
    0.80 AC lot

    Commercial-zoned land near Peoria with public water and natural gas available for development planning.

    View details

    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 8,000 square feet of properties for sale, with an estimated market value of $150,000.

    Sale prices for restaurant properties in Lacon, IL average $150,000 — 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 $150K

    Taxes & Financing

    Average Loan-to-Value 65.0%

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