Advertise
    Shelbyville, IL
    Restaurants

    Shelbyville, IL Restaurants for Sale

    Notify Me
    List
    Map
    Findlay, IL Pana, IL Assumption, IL Herrick, IL Sullivan, IL Bethany, IL Neoga, IL Mattoon, IL
    Turnkey Restaurant With Income Apartments
    Updated: Nov 14, 2025
    Turnkey Restaurant With Income Apartments

    114 E Main St, Shelbyville, IL 62565

    $375,000
    Turnkey downtown restaurant with a spacious, open main dining room plus a separate private dining room
    Fully equipped commercial kitchen with major appliances and prep stations included
    Bar area offers abundant seating for patrons to gather before or after meals
    Upstairs includes 2 income‑producing apartments, both currently rented
    Street parking in front and a parking lot behind the building for guests and tenants
    View details
    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, 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 Shelbyville, 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.

    Bar & Grill with Private Room
    Bar & Grill with Private Room

    112 W. Adams Ave, Altamont, IL 62411

    $825,000
    9,900 sqft

    Established bar and grill with a private event room and an upstairs apartment currently rented.

    View details
    Former KFC Investment Property
    Former KFC Investment Property

    1000 Charleston Ave, Mattoon, IL

    $550,000
    2,449 sqft 0.48 AC lot

    Former KFC property in Mattoon, Illinois, for sale.

    View details
    Freestanding Restaurant Building with Parking
    Freestanding Restaurant Building with Parking

    224 Richmond Ave E, Mattoon, IL 61938

    Contact for pricing
    5,800 sqft 1.22 AC lot

    Freestanding restaurant building renovated in 2016, with parking lot upgrades completed in 2023.

    View details
    Bar and Grill Restaurant
    Bar and Grill Restaurant

    112 W Adams Avenue, Altamont, IL 62411

    $719,000

    Bar and grill with a rented upstairs apartment and a private room for events.

    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.

    Prime Commercial Land I-55 Access
    Prime Commercial Land I-55 Access

    6000 S 6th Street Frontage Road, Springfield, IL 62702

    $550,000
    1.63 AC lot

    1.63 acre commercial land near I-55 in Springfield, IL.

    View details
    Legacy Pointe Commercial Development Opportunity
    Legacy Pointe Commercial Development Opportunity

    Lincolnshire Boulevard lot: 11, Springfield, IL 62704

    $3,401,164
    4.88 AC lot

    Commercial lots available in a large sports and entertainment development.

    View details
    Land Near Scheels Sports Park
    Land Near Scheels Sports Park

    Lincolnshire Boulevard lot: 17, Springfield, IL 62704

    $975,744
    1.40 AC lot

    Commercial land available near a major sports and retail development.

    View details
    Corner Commercial Development Land
    Corner Commercial Development Land

    404 S 3RD Street, Girard, IL 62640

    $150,900
    0.81 AC lot

    Developable corner parcel with public utilities on site and multiple access points for retail, service, or residential uses.

    View details

    Shelbyville, IL Restaurants Market Trends and Statistics

    Explore 1 restaurants for sale in Shelbyville, 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 $375,000.

    Sale prices for restaurant properties in Shelbyville, IL start at $375,000, averaging $375,000, and reaching up to $375,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

    List
    Map

    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Conventional restaurants 1

    Demographics Overview

    Population 7,422
    Population Growth (5Y) +5.7%
    Median Household Income $61,722
    College Educated 26.8%

    Taxes & Financing

    Tax Rate (average for all types) 8.04%
    Property Tax per SF $86.06 per SF
    Average Loan-to-Value 65.0%

    Need Help?

    Reach out if you need assistance with Realmo tools or have questions about your listings

    Contact Us

    Popular Searches in Shelbyville, IL

    Popular Categories

    Most Searched ZIP Codes in Shelbyville, IL

    • 62565

    Select Neighborhood

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!