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    Madison, IL Restaurants for Sale

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    Granite City, IL Saint Louis, MO Defiance, MO
    Mixed-Use Property with Income Potential
    $199,000
    4,608 SF
    Mixed-Use Property with Income Potential

    1348 Madison Avenue, Madison, IL 62060

    Mixed-use property featuring residential and commercial income opportunities.
    • Turnkey bar & grill ready for immediate operation or tenant placement, previously rented for $1,500/month.
    • Two currently rented residential apartments generating income: a 2‑bedroom unit at $900/month and a furnished 1‑bedroom unit at $850/month.
    • All kitchen equipment included: commercial stove top, fryers, prep coolers, range hood, walk‑in refrigeration system, and beer coolers.
    • Extra parcel included (1400 Madison Ave): a gravel lot for parking or development.
    • Roof completely replaced in 2023 with architectural shingles.
    Updated: Mar 5
    View details
    Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Madison, 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.

    St Louis Restaurant Opportunity
    $200,000
    0.12 Acres
    St Louis Restaurant Opportunity

    Carry-out restaurant with updated systems in high-traffic area.

    7950 N Broadway, St, Louis, MO 63147

    View details
    Washington Avenue Retail Condominium
    $729,000
    2,400 SF
    Washington Avenue Retail Condominium

    Commercial condominium with multiple rentable units on Washington Avenue.

    Saint Louis, MO

    View details
    Three-Story Corner Restaurant Building
    $225,000
    Three-Story Corner Restaurant Building

    Three-story corner property offers a flexible foundation for retail, bar, restaurant, or mixed-use concepts.

    3500 S Jefferson Ave, Saint Louis, MO 63107

    View details
    Mixed-Use Building with Highway Visibility
    $99,000
    7,056 SF
    Mixed-Use Building with Highway Visibility

    Three-story mixed-use building with fenced parking and highway visibility.

    1440 N Broadway, St., Louis, MO 63102

    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.

    Prime Commercial Land Opportunity
    $632,000
    0.88 Acres
    Prime Commercial Land Opportunity

    Corner lot suitable for restaurant, car wash, or office building.

    9499 Lewis And Clark Boulevard .88 Acres Corner Lot, St, Louis, MO 63136

    View details
    Prime Commercial Land Opportunity
    $483,000
    0.88 Acres
    Prime Commercial Land Opportunity

    0.88+/- acre commercial property with high visibility frontage.

    9499 Lewis And Clark Boulevard .88 Acres, St, Louis, MO 63136

    View details
    Prime Commercial Land Opportunity
    $999,000
    1.76 Acres
    Prime Commercial Land Opportunity

    1.76+/- acres with high visibility and access.

    9499 Lewis And Clark Boulevard, St, Louis, MO 63136

    View details
    Lafayette Avenue Development Opportunity
    $1,100,000
    Lafayette Avenue Development Opportunity

    Architecturally striking building with vacant lots in vibrant neighborhood.

    2701-2729 Lafayette Avenue, St, Louis, MO 63104

    View details

    Madison, IL Restaurants Market Trends and Statistics

    Explore 1 restaurants for sale in Madison, IL on our real estate platform. These investment opportunities span a total of 4,608 square feet of properties for sale, with an estimated market value of $199,000.

    Sale prices for restaurant properties in Madison, IL start at $199,000, averaging $199,000, and reaching up to $199,000 — 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

    Bars & Pubs 1

    Demographics Overview

    Population 3,619
    Population Growth (5Y) -21.1%
    Median Household Income $40,139
    College Educated 10.0%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    62060 $199K

    Taxes & Financing

    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Madison County

    New Delisted

    Total CRE Inventory on Market (SF)

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