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    Paxton, IL Restaurants for Sale

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    Rantoul, IL Rankin, IL Penfield, IL
    Paxton Commercial Opportunity
    $275,000
    7.28 Acres

    Paxton Commercial Opportunity

    1240 N MARKET Street, Paxton, IL 60957

    Versatile commercial property with multiple potential uses in Paxton, IL.

    • Large lot: Approximately 38,000 sq ft.
    • Existing 6400 sq ft structure previously upgraded as a day care center.
    • Multiple development possibilities include senior living, restaurant, and efficiency apartments.
    • Essential utilities: City water with fire hydrants and interior system, city sewer, natural gas available.
    • Built with brick and block.
    Updated: Jul 14, 2025
    View details
    Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Paxton, 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.

    Downtown Urbana Commercial Building
    $475,000
    0.06 Acres

    Downtown Urbana Commercial Building

    Two-story commercial building with first-floor restaurant in downtown Urbana.

    114 S Race, Urbana, IL 61801
    View details
    Remodeled Bar & Karaoke Venue
    $970,000
    8,800 SF

    Remodeled Bar & Karaoke Venue

    Turnkey bar and karaoke venue with leaseback opportunity.

    214 W Main St, Urbana, IL
    View details
    Top-Performing Panera Bread For Sale
    $3,332,000
    4,980 SF

    Top-Performing Panera Bread For Sale

    Corporate-guaranteed Panera Bread in top 5% nationwide, Champaign, Illinois.

    1903 Convenience Pl, Champaign, IL 61820
    View details
    Prime Commercial Property with Restaurant
    $2,500,000
    5,800 SF

    Prime Commercial Property with Restaurant

    Two-acre commercial property with restaurant and vacant land.

    608 W TOWN CENTER Boulevard, Champaign, IL 61822
    View details

    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 Near Sports Complex
    $563,000
    5.63 Acres

    Commercial Land Near Sports Complex

    5.63 acre commercial development opportunity off Interstate 57.

    2995 County Road 1400 E, Rantoul, IL 61866
    View details
    Rantoul Commercial Development Opportunity
    $4,000,000
    40.00 Acres

    Rantoul Commercial Development Opportunity

    40-acre commercial land near I-57 in Rantoul, Illinois.

    2990 County Road 1400 E, Rantoul, IL 61866
    View details
    Historic Commercial Structure in Gilman
    $195,000

    Historic Commercial Structure in Gilman

    Oldest commercial building in Gilman, suitable for various businesses.

    203 W 2nd Street, Gilman, IL 60938
    View details
    Prime Commercial Lot in Mahomet
    $1,050,000
    1.00 Acre

    Prime Commercial Lot in Mahomet

    High-visibility 1-acre lot near interstate and national brands.

    700 Eastwood Drive, Mahomet, IL 61853
    View details

    Paxton, IL Restaurants Investment Opportunities Market Analysis

    Explore 1 restaurants for sale in Paxton, IL on our real estate platform. These investment opportunities span a total of 0 square feet of properties for sale, with an estimated market value of $275,000.

    Sale prices for restaurant properties in Paxton, IL start at $275,000, averaging $275,000, and reaching up to $275,000 — 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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    Demographics Overview

    Population 5,620
    Population Growth (5Y) +6.3%
    Median Household Income $66,741
    College Educated 28.8%

    High-Yield Neighborhoods for Strategic Investment

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

    Neighborhood Average Price
    60957 $275K

    Taxes & Financing

    Tax Rate (average for all types) 9.60%
    Property Tax per SF $0.70 per sq ft
    Average Loan-to-Value 65.0%

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