Restaurants

Paxton, IL Restaurants for Sale

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Loda, IL Ludlow, IL Rantoul, IL Buckley, IL Rankin, IL Gifford, IL Cissna Park, IL Gibson City, IL
Mixed-Use Investment Property
Updated: Apr 12
Mixed-Use Investment Property

202 N Market St, Paxton, IL 60957

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Two‑story mixed‑use building with first‑floor retail/restaurant use and five apartments on the second floor
First floor includes a Chinese restaurant plus a TV repair shop and storefront with an apartment in back
Second floor has 5 apartments: 3 two‑bedroom units and 2 one‑bedroom units
Includes 1 garage associated with the first‑floor operations
Package preference: sellers would prefer to sell 147 N Market, 165 N Market, 202 N Market, 206 N Market, 207 N Market, and 105 E State St together
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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 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.

Top-Performing Panera Bread For Sale
Top-Performing Panera Bread For Sale

1903 Convenience Pl, Champaign, IL 61820

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4,980 sqft

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

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Drive-Through Restaurant Portfolio
Drive-Through Restaurant Portfolio

1903 Convenience Place, Champaign, IL 61820

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15,186 sqft

Three Panera Bread locations offered with corporate-guaranteed NN lease terms through 2033 and scheduled rent increases.

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Commercial Space in Gibson City
Commercial Space in Gibson City

109 W 8th St, Gibson City, IL 60936

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3,500 sqft

Commercial space with kitchen, ideal for restaurant or coffee shop.

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Commercial Kitchen Property
Commercial Kitchen Property

109 W 8th Street, Gibson City, IL 60936

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Commercial kitchen property with optional equipment for restaurant, bakery, deli, coffee shop, or catering operations.

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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 Near Sports Complex
Commercial Land Near Sports Complex

2995 County Road 1400 E, Rantoul, IL 61866

$563,000
5.63 AC lot

Development parcel positioned near Interstate 57 and the Rantoul Family Sports Complex.

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Commercial Land in Development Area
Commercial Land in Development Area

2990 County Road 1400 E, Rantoul, IL 61866

$4,000,000
40.00 AC lot

A substantial tract positioned near a sports complex and Interstate 57 within a larger planned development area.

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Prime Commercial Lot in Mahomet
Prime Commercial Lot in Mahomet

700 Eastwood Drive, Mahomet, IL 61853

$1,050,000
1.00 AC lot

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

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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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Paxton, IL Restaurants Market Trends and Statistics

Explore 1 restaurants for sale in Paxton, IL on our real estate platform.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Conventional restaurants 1

Demographics Overview

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

Taxes & Financing

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

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