Restaurants

Sheffield, IL Restaurants for Sale

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Mineral, IL Neponset, IL Princeton, IL Tiskilwa, IL Deer Grove, IL Atkinson, IL Cambridge, IL Carbondale, IL
Hotel with Restaurant and Bar
Updated: Jul 13
Hotel with Restaurant and Bar

16733 Il Highway 40, Sheffield, IL 61361

$299,000
2.55 AC lot
Former Knights Inn hospitality property built in 1979
Approximately 24,000 SF with 50 guest rooms
Includes manager’s and owner’s apartments
On‑site amenities include fitness room, restaurant, and bar
Conveniently located off I‑80 at Exit 45 in Sheffield, IL
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Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Sheffield, 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.

Turnkey Restaurant Opportunity
Turnkey Restaurant Opportunity

3 Victoria Drive, Prophetstown, IL 61277

$149,500
0.51 AC lot

Ready-to-operate restaurant with equipment and outdoor seating.

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18-Hole Golf Course and Supper Club
18-Hole Golf Course and Supper Club

3901 Dixon Avenue, Rock Falls, IL 61071

$1,300,000
25,000 sqft 164.13 AC lot

Turn-key golf course and supper club offering an on-site clubhouse with banquet space, dining, and a commercial kitchen.

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Restaurant Opportunity with Outdoor Seating
Restaurant Opportunity with Outdoor Seating

3 Victoria Drive, Prophetstown, IL 61277

$149,500
22,000 sqft

Restaurant space with equipment and outdoor seating available for sale.

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Thriving Golf Course and Supper Club
Thriving Golf Course and Supper Club

3901 Dixon Avenue, Rock Falls, IL 61071

$1,300,000
25,000 sqft 105.60 AC lot

Turn-key 18-hole golf course, supper club, and banquet facility.

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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.

Retail Lot on Corner
Retail Lot on Corner

145 3rd St, La Salle, IL 61301

$250,000
0.59 AC lot

0.59 acre retail lot on a signalized intersection.

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Land in North Utica, IL
Land in North Utica, IL

793 US Rt 6, North Utica, IL 61373

$725,000
1.09 AC lot

Commercial land available in North Utica, Illinois.

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Utica, IL Commercial Land
Utica, IL Commercial Land

2965 N IL-178, Utica, IL 61373

$595,000
0.80 AC lot

Commercial land available in Utica, Illinois.

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Utica, IL Commercial Land
Utica, IL Commercial Land

2959 N Illinois 178 E 8th Road, Utica, IL 61373

$975,000
1.49 AC lot

Commercial land available in Utica, Illinois.

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Sheffield, IL Restaurants Market Trends and Statistics

Explore 1 restaurants for sale in Sheffield, 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 $299,000.

Sale prices for restaurant properties in Sheffield, IL start at $299,000, averaging $299,000, and reaching up to $299,000 — 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

Bars & Pubs 1
Conventional restaurants 1

Demographics Overview

Population 1,363
Population Growth (5Y) +22.0%
Median Household Income $92,344
College Educated 34.8%

Taxes & Financing

Tax Rate (average for all types) 8.20%
Tax Rate vs County Average 0.37 pp below county avg
Average Loan-to-Value 65.0%

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