Restaurants

Sparta, IL Restaurants for Sale

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Carbondale, IL Tilden, IL Steeleville, IL Baldwin, IL Percy, IL Marissa, IL Cutler, IL Walsh, IL
Restored Brewery and Restaurant Building
Updated: Jun 26
Restored Brewery and Restaurant Building

113 W Jackson Street, Sparta, IL 62286

$325,000
Approximately 6,050 sq. ft. commercial building on a 0.51‑acre lot (per county records)
Built around 1950 and extensively restored in 2016; formerly transformed into a microbrewery
Open floor plan with polished concrete floors and an exposed barrel ceiling
Approximately 31 off‑street parking spaces for customers, employees, or event guests
Flexible layout suitable for a range of commercial uses, including restaurant, brewery, taproom, retail, office, fitness, or entertainment
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Downtown Brick Restaurant Building
Updated: Jul 7, 2025
Downtown Brick Restaurant Building

160 W Broadway, Sparta, IL 62286

$175,000
Brick commercial building with 3,800 SF of space
Previously used as a restaurant and includes restaurant equipment
New roof installed in 2025
Some equipment items are new as of 2025
Downtown Sparta location in the downtown district
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Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 2 Active listings in Sparta, 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.

Event Venue and Bar Property
Event Venue and Bar Property

15 W Saint Joseph Street, Perryville, MO 63775

$699,900
0.12 AC lot

Renovated downtown venue with a fully equipped industrial kitchen, including walk-in freezer and flexible event space.

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Renovated Event Venue and Bar
Renovated Event Venue and Bar

15 W Saint Joseph St, Perryville, MO 63775

$699,900

Renovated event venue and bar with a fully equipped industrial kitchen, walk-in freezer, and flexible spaces.

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Historic Ste Genevieve Southern Hotel
Historic Ste Genevieve Southern Hotel

146 S 3rd Street, Ste Genevieve, MO 63670

$949,000
10,020 sqft 0.40 AC lot

Restored 11-room BnB with owner's quarters and carriage house.

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Restaurant Building with Commercial Kitchen
Restaurant Building with Commercial Kitchen

21962 Highway 32, Ste Genevieve, MO 63670

$570,000
1,851 sqft

Restaurant property for sale featuring a commercial kitchen setup on GPS-friendly Highway 32 in Ste. Genevieve County.

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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 Lot
Commercial Land Lot

1302 N MARKET Street N, Sparta, IL 62286

$250,000
1.68 AC lot

Commercial lot near multiple national and local retailers, supporting a variety of neighborhood-serving development options.

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Commercial Corner Lot
Commercial Corner Lot

91 Weatherholt Drive, New Baden, IL 62265

$70,000

Commercial corner lot located in New Baden business district with access off State Route 161.

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Corner Commercial Land Lot
Corner Commercial Land Lot

212 Bradford Lane, Waterloo, IL 62298

$40,000
0.26 AC lot

Corner commercial land with high-traffic visibility and easy access, suited for a range of small commercial developments.

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Corner Commercial Land with Road Frontage
Corner Commercial Land with Road Frontage

1324 W Saint Joseph Street, Perryville, MO 63775

$972,000
1,092 sqft 0.94 AC lot

Zoned C-2 commercial land with 180 feet of road frontage and ingress/egress suitable for build-to-suit development.

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Sparta, IL Restaurants Market Trends and Statistics

Explore 2 restaurants for sale in Sparta, 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 $500,000.

Sale prices for restaurant properties in Sparta, IL start at $175,000, averaging $250,000, and reaching up to $325,000 — 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

Conventional restaurants 2

Demographics Overview

Population 5,482
Population Growth (5Y) -10.3%
Median Household Income $64,118
College Educated 25.6%

Taxes & Financing

Tax Rate (average for all types) 9.30%
Tax Rate vs County Average 2.43 pp above county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Randolph County

New Delisted

Total CRE Inventory on Market (SF)

Average Property Price per SF

For-sale pricing trends across core commercial property types in Randolph County

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