Mattoon, IL
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    Mattoon, IL Restaurants for Sale

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    Charleston, IL Neoga, IL Arcola, IL
    Former KFC Investment Property
    $550,000
    2,449 SF
    Former KFC Investment Property

    1000 Charleston Ave, Mattoon, IL

    Former KFC property in Mattoon, Illinois, for sale.
    • 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.
    Updated: Mar 17, 2025
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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
    $270,000
    3,600 SF
    Restaurant Building with Drive-Through

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

    430 W State St, Charleston, IL 61920

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    Tuscola Commercial Building For Sale
    $365,000
    0.80 Acres
    Tuscola Commercial Building For Sale

    Prime location commercial building with high traffic and business potential.

    901 E Southline Road, Tuscola, IL 61953

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    Charleston, IL Former KFC Property
    Contact for pricing
    3,160 SF
    Charleston, IL Former KFC Property

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

    2310 Lincoln Ave, Charleston, IL

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    Tuscola Commercial Building Opportunity
    $365,000
    Tuscola Commercial Building Opportunity

    Large, open concept building in prime Tuscola location.

    901 E Southline Road, Tuscola, IL 61953

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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
    $125,000
    Prime Commercial Lot in Savoy

    Last available lot in a thriving Savoy commercial area.

    103 Calvin Street, Savoy, IL 61874

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    Savoy, IL Commercial Development Land
    $450,000
    1.97 Acres
    Savoy, IL Commercial Development Land

    1.97-acre commercial parcel in high-growth Savoy corridor.

    612 CLARENDON Court, Savoy, IL 61874

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    Champaign Commercial Land For Sale
    $750,000
    1.92 Acres
    Champaign Commercial Land For Sale

    1.92-acre commercial lot in desirable Champaign location.

    4202 Nicklaus Drive, Champaign, IL 61822

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    Prime Commercial Land in Champaign
    $465,000
    1.89 Acres
    Prime Commercial Land in Champaign

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

    803 N Mattis Avenue, Champaign, IL 61821

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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
    31,585 SF
    Value Estimation by Request

    1500 Lakeland Mattoon Il, Mattoon, IL 61938

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    Mattoon, IL Restaurants Investment Opportunities Market Analysis

    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

    Drive through restaurants 1

    Property Size Breakdown

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

    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%

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