Restaurants

Madison, IL Restaurants for Sale

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Granite City, IL Saint Louis, MO E St Louis, IL Defiance, MO Washington Park, IL Pontoon Beach, IL Riverview, MO Denver, CO
Duplex with Bar & Grill and Apartments
Updated: Jul 11
Duplex with Bar & Grill and Apartments

1348 Madison Avenue, Madison, IL 62060

$199,000
4,608 sqft 0.29 AC lot
0.2927‑acre lot with 4,608 SF
Brick duplex built in 1940
Roof replaced with architectural shingles in 2023
Two rented upstairs apartments: 2 bed/1 bath and 1 bed/1 bath
Main floor bar & grill with included commercial kitchen equipment and walk‑in refrigeration
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Mixed-Use Property with Apartments
Updated: Jul 12
Mixed-Use Property with Apartments

516 Madison Ave, Madison, IL 62060

Contact for pricing
Two apartments positioned above the commercial space
Al's 520 Club with adjacent grill
Gaming and liquor licenses transferable to a qualified buyer
Property features associated with pool leagues and horseshoes
Grill may be leased or operated as part of the property
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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 10 Potential Opportunities for your consideration. Besides 2 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
St Louis Restaurant Opportunity

7950 N Broadway, St, Louis, MO 63147

$350,000
0.12 AC lot

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

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Mixed-Use Building with Bar
Mixed-Use Building with Bar

2029 Bremen Ave, Saint Louis, MO 63107

$140,000

Three apartments are leased through 06/30/2027, plus a completed store portion and a bar area with an attached kitchen to finish.

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Three-Story Corner Restaurant Building
Three-Story Corner Restaurant Building

3500 S Jefferson Ave, Saint Louis, MO 63107

$225,000

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

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Corner Lot Mixed-Use Retail Building
Corner Lot Mixed-Use Retail Building

8635 N Broadway, St, Louis, MO 63147

Contact for pricing

Corner lot building includes a separate-entry two-bedroom apartment and kitchen equipment, with an adjacent lot included in the sale.

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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 Corner Land with Signalization
Commercial Corner Land with Signalization

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

$632,000
0.88 AC lot

Nearly one acre of corner commercial land with substantial frontage and signalized access for a range of retail or service uses.

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Commercial Land with Highway Frontage
Commercial Land with Highway Frontage

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

$483,000
0.88 AC lot

.88-acre commercial parcel with 145 feet of frontage along St. Cyr Rd, offered for sale with possible ground lease.

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Signalized Corner Commercial Land
Signalized Corner Commercial Land

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

$999,000
1.76 AC lot

Hard-corner site with substantial frontage on two roads, positioned for a variety of commercial developments.

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Architectural Building with Vacant Lots
Architectural Building with Vacant Lots

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

$1,100,000

Includes an 11,360 SF building and eight vacant lots, located one block from Lafayette Square.

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Madison, IL Restaurants Market Trends and Statistics

Explore 2 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 average $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 2
Conventional restaurants 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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