Restaurants

Marshall, IL Restaurants for Sale

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Dennison, IL Terre Haute, IN Sullivan, IN West Terre Haute, IN Paris, IL Casey, IL Kansas, IL North Terre Haute, IN
Former Restaurant Across From Mill Creek
Updated: Jan 26
Former Restaurant Across From Mill Creek

11489 E Clarksville Rd, Marshall, IL 62441

$179,500
1.09 AC lot
Prime location across from Mill Creek Lake and Park.
Established restaurant with a 20+ year history.
Over 1 acre of land with 50+ parking spaces.
Seating capacity for up to 70 diners.
Multiple revenue streams: restaurant, bait store, propane exchange, and camper/trailer hook‑up.
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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 8 Potential Opportunities for your consideration. Besides 1 Active listings in Marshall, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 1 Off-Market properties to explore as potential leads, plus 2 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 Building with Two Houses
Restaurant Building with Two Houses

2948 S 5th St, Terre Haute, IN 47802

$638,000
3,112 sqft

Sale includes a restaurant building, two residential houses, and four parcels.

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Checkers and Rally's Portfolio
Checkers and Rally's Portfolio

129 S 3rd St, Terre Haute, IN 47807

Contact for pricing
5,272 sqft

Seven quick service restaurant locations across Indiana.

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Reconstructed Drive-Through Restaurant
Reconstructed Drive-Through Restaurant

1209 Broadway Ave E, Mattoon, IL 61938

Contact for pricing
1.35 AC lot

Freestanding corner facility offers restaurant improvements, drive-through infrastructure, parking, and signage along IL Route 16.

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Former KFC Investment Property
Former KFC Investment Property

1000 Charleston Ave, Mattoon, IL

Contact for pricing
2,449 sqft 0.48 AC lot

Former KFC property in Mattoon, Illinois, for 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 Land with Road Frontage
Commercial Land with Road Frontage

1301 Fort Harrison Road, Terre Haute, IN 47804

$400,000
4.42 AC lot

C-zoned parcel positioned among major retail destinations and Plaza North shopping center.

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C-3 Zoned Commercial Land
C-3 Zoned Commercial Land

2170 Spring Clean Avenue, Terre Haute, IN 47804

$125,000
0.64 AC lot

C-3-zoned commercial parcel with city utilities and a paved street.

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Off-Market Properties in Marshall, IL

Consider similar Off-Market properties in Marshall, IL. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

Marshall, IL Restaurants Market Trends and Statistics

Explore 2 restaurants for sale in Marshall, IL on our real estate platform.

Sale prices for restaurant properties in Marshall, IL average $179,500 — 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

Conventional restaurants 1

Demographics Overview

Population 6,841
Population Growth (5Y) +0.8%
Median Household Income $80,218
College Educated 44.6%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
62441 $179.5K

Taxes & Financing

Tax Rate (average for all types) 5.67%
Property Tax per SF $34.61 per SF
Tax Rate vs County Average 1.11 pp below county avg
Average Loan-to-Value 65.0%

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