Restaurants

Mattoon, IL Restaurants for Sale

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Charleston, IL Neoga, IL Arcola, IL Sullivan, IL Hindsboro, IL Findlay, IL Shelbyville, IL Tuscola, IL
Former KFC Investment Property
Updated: Mar 17, 2025
Former KFC Investment Property

1000 Charleston Ave, Mattoon, IL

$550,000
2,449 sqft 0.48 AC lot
Excellent owner‑user or redevelopment opportunity with tremendous upside.
Ideal QSR design capable of supporting a national fast‑food brand.
Equipped with a drive‑thru, providing ease and convenience for consumers.
Fee simple interest (land & building ownership).
Former KFC investment property.
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Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 1 Active listings in Mattoon, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 1 Off-Market properties to explore as potential leads, 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 Building with Drive-Through
Restaurant Building with Drive-Through

430 W State St, Charleston, IL 61920

$229,000
3,600 sqft 1.51 AC lot

3,600 SF restaurant building with drive-through and full kitchen.

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Connected Historic Restaurant Buildings
Connected Historic Restaurant Buildings

103 & 105 W Sale Street, Tuscola, IL 61953

$390,000
0.15 AC lot

Two interconnected historic buildings with a renovated structure and kitchen, storefront, and flexible upper-level space.

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Charleston, IL Former KFC Property
Charleston, IL Former KFC Property

2310 Lincoln Ave, Charleston, IL

Contact for pricing
3,160 sqft 0.82 AC lot

Former KFC property with drive-thru in Charleston, Illinois.

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Tuscola Commercial Building For Sale
Tuscola Commercial Building For Sale

901 E Southline Road, Tuscola, IL 61953

$365,000
0.80 AC lot

Prime location commercial building with high traffic and business potential.

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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.

Prime Commercial Lot in Savoy
Prime Commercial Lot in Savoy

103 Calvin Street, Savoy, IL 61874

$125,000
3,800 sqft 0.33 AC lot

Last available lot in a thriving Savoy commercial area.

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Commercial Development Land Parcel
Commercial Development Land Parcel

612 CLARENDON Court, Savoy, IL 61874

$450,000
1.97 AC lot

1.97-acre commercial land parcel in Savoy, zoned for commercial uses, with concrete parking pads and village-approved site plans.

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Champaign Commercial Land For Sale
Champaign Commercial Land For Sale

4202 Nicklaus Drive, Champaign, IL 61822

$750,000
1.92 AC lot

1.92-acre commercial lot in desirable Champaign location.

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Prime Commercial Land in Champaign
Prime Commercial Land in Champaign

803 N Mattis Avenue, Champaign, IL 61821

$465,000
1.89 AC lot

1.89-acre commercial land in high-visibility Champaign location.

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Off-Market Properties in Mattoon, IL

Consider similar Off-Market properties in Mattoon, 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.

1500 Lakeland Mattoon Il
Power centers

1500 Lakeland Mattoon Il, Mattoon, IL 61938

Value Estimation by Request
31,585 sqft
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Mattoon, IL Restaurants Market Trends and Statistics

Explore 2 restaurants for sale in Mattoon, IL on our real estate platform. These investment opportunities span a total of 2,449 square feet of properties for sale, with an estimated market value of $550,000.

Sale prices for restaurant properties in Mattoon, IL start at $550,000, averaging $550,000, and reaching up to $550,000 — 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

Drive through restaurants 1

Demographics Overview

Population 20K
Population Growth (5Y) -6.4%
Median Household Income $54,288
College Educated 31.1%

Taxes & Financing

Tax Rate (average for all types) 7.54%
Tax Rate vs County Average 0.14 pp below county avg
Average Loan-to-Value 65.0%

Property Size Breakdown

The majority of commercial real estate listings in Mattoon fall within the 50,000 to 100,000 square foot range.

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