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    Mattoon, IL
    Restaurants

    Mattoon, IL Restaurants for Sale

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    Pekin, IL Charleston, IL Windsor, IL Neoga, IL Arcola, IL Sullivan, IL Ashmore, IL Findlay, IL
    Freestanding Restaurant Building with Parking
    Updated: Apr 24
    Freestanding Restaurant Building with Parking

    224 Richmond Ave E, Mattoon, IL 61938

    Contact for pricing
    5,800 sqft 1.22 AC lot
    Freestanding 5,800 SF restaurant building on 1.22 acres at 224 Richmond Avenue East in Mattoon, IL
    Former Denny’s positioned for flexible reuse, including QSR or national restaurant concept use
    Full renovation completed in 2016
    Parking lot upgrade completed in 2023
    Direct adjacency to Emerald Acres Sports Connection, a $100 million indoor/outdoor sports complex with projected 580,000+ annual visitors
    View details
    Reconstructed Drive-Through Restaurant
    Updated: Jul 20
    Reconstructed Drive-Through Restaurant

    1209 Broadway Ave E, Mattoon, IL 61938

    Contact for pricing
    1.35 AC lot
    2021‑reconstructed freestanding restaurant building
    1.35‑acre corner parcel at 1209 Broadway Avenue East
    Existing drive‑through infrastructure and remodeled interior
    Restaurant equipment, parking, and on‑site signage included
    Frontage and visibility along IL Route 16
    View details
    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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    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 3 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

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Connected Commercial Kitchen Buildings
    Connected Commercial Kitchen Buildings

    103 & 105 W Sale St, Tuscola, IL 61953

    $390,000
    5,358 sqft

    Interconnected historic buildings combine specialized kitchen infrastructure with retail, event, storage, and seating areas.

    View details
    Three-Storefront Commercial Property
    Three-Storefront Commercial Property

    206, 208, 210 E Logan St, Longview, IL 61852

    $39,000
    3,652 sqft

    Three connected storefronts offer flexibility for multiple businesses or a larger commercial operation.

    View details
    Open-Concept Retail Space
    Open-Concept Retail Space

    901 E Southline Road, Tuscola, IL 61953

    $365,000
    0.80 AC lot

    The building offers an open interior, central air, and proximity to I-57.

    View details
    Three-Storefront Commercial Building
    Three-Storefront Commercial Building

    206, 208, 210 E Logan Street S, Longview, IL 61852

    $39,000
    0.18 AC lot

    Brick commercial property with three storefronts, COMMR zoning, and flexible configuration for separate or combined business use.

    View details

    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
    View details

    Mattoon, IL Restaurants Market Trends and Statistics

    Explore 4 restaurants for sale in Mattoon, IL, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 8,249 square feet of properties for sale.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Conventional restaurants 4
    Drive through restaurants 3

    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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